In January-March, the volume of issued mortgage loans in Ukraine increased more than twofold YoY and amounted to UAH 1.4 billion. This is evidenced by the findings of a survey of banks conducted by the National Bank of Ukraine (NBU), the central bank’s press service reports. “In total, banks issued 1,811 loans worth almost UAH…Details
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The National Bank of Ukraine (NBU) has approved the methodology for bank stress testing in 2021, the central bank’s press service reports. The NBU reminded that stress testing was one of the stages of the banks’ resilience assessment. “This year 30 institutions are to be stress tested. They account for 93% of the banking system…Details
After checking the use of EUR 14.5 million provided by the Latvian Ministry of Culture to help the culture sector overcome Covid-19 crisis, the State Audit (VK) concluded that this financing was mostly used appropriately, as reported by VK Fourth Audit Department Director Inga Vilka at a meeting with Saeima’s Public Expenditures and Audit Committee.…Details
April saw a seven-month high in passenger through-flow at Tallinn Airport, with a significant proportion of flights being chartered planes. The development suggests public belief that the cross-border travel situation is improving, as well as a growing desire to travel again, the airport says. While the school spring break was not accompanied by a significant…Details
Uzbek state agency UzAssets has unveiled the list of the most profitable and unprofitable state-owned enterprises (SOEs) in the country. The number of SOEs in the country currently stays at 2,578. Top-10 by profit: Almalyk mining and metallurgical complex – $370.9 million, Uzbekneftegaz – $323.3 million, Ferghanaazot – $27.8 million, Uzmetkombinat – $20.8 million, Hududgaztaminot…Details
In April, the general fund of the state budget received UAH 94.1 billion, which was 96.9% (-UAH 3 billion) of the target for this period, the press service of the Finance Ministry reported referring to data provided by the State Treasury Service. The ministry explained that the non-fulfillment of the April target was primarily due…Details
If you are looking to save some money this year, you are on the right path. Nobody really knows what’s going to happen with the pandemic, so you may as well secure your future on your own. By saving more money, you can allow yourself to not worry about how you are going to live…Details