Ukraine: banks stabilizing at weak levels

The Ukrainian banking sector continues to face challenges in credit growth due to the burden of unresolved problem loans and solvency issues, Fitch Ratings has said in a press release referring to its report “Ukrainian Banks Dashboard 3Q16.” “We expect sector performance to remain under pressure from high provisioning needs, while solvency recovery is likely…


Ukraine: prices for sunflower oil growing

Last week Ukrainian market of crude sunflower oil faced the bullish trend, due to a similar price trend on the export market of the product.

As of December 8, the bid prices for sunflower oil in Ukraine mainly varied within the range of 21`500-21`800 UAH/ton EXW, up by nearly 200 UAH/ton WoW. (APK-Inform/Business World Magazine)

Azerbaijan: 14.5 million euro for SME development received

The European Union (EU) has allocated 14.5 million euros for Azerbaijan as part of the program on the country’s regional development, the Azerbaijani Economy Ministry said. The agreement, signed during the meeting between Azerbaijan’s Economy Minister Shahin Mustafayev and EU Ambassador to Azerbaijan Malena Mard, envisages twinning and technical assistance, creation of an information system…


Ukraine: exports of malting barley up in October-November 2016

According to the official customs statistics, in October-November Ukraine exported 36.7 thousand tons of malting barley (12.4 thousand tons and 24.3 thousand tons respectively), which significantly exceeded the general figures for six previous seasons (29 thousand tons). At the same time, Poland purchased nearly half of the exported volumes, while Romania and Belarus imported nearly…