Ukraine: 15 largest banks left to finish additional capitalization program

9 banks out of 35 largest Ukrainian banks have finished the additional capitalization programs and restructuring plans after stress tests conducted earlier as of February 1, and 11 initially did not require additional capitalization, the National Bank of Ukraine (NBU) reported. The NBU said that 15 more banks continued implementing the additional capitalization programs, and…

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Turkmenistan: GDP up in 2016

GDP growth rate in Turkmenistan amounted to 6.2% in 2016, the country’s Ministry of Economy and Development said. The growth rate has increased by 1.1% in the industrial sector, by 4.3% – in construction, by 10.7% – in transportation and communication sector, by 14.1% in trade, by 9.9% in agriculture and by 10.4% in the…

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