The Central Bank of Azerbaijan (CBA) received 350 million manats from banks at a deposit auction on December 3, CBA said in a message. According to the message, the demand at the auction amounted to 1.079 billion manats. The weighted average interest rate on deposit transactions concluded within the auction was 7.76%. The CBA has…Details
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Georgia has set a new record, hosting over 8 million international travelers this year, the Georgian National Tourism Administration (GNTA) announces. More specifically, Georgia hosted 8,105,829 international travelers in January-November, showing an increase of 10.6% YoY. Of these travelers, 4,486,595 were tourists, up by 17.2%. The majority of foreign travelers were from Russia -1,341,127 (+23.8%),…Details
The government of Ukraine has a clear action plan for the next year, in which certain priorities have been set already. “We clearly define the priorities for 2019. The first priority is economic growth,” Prime Minister of Ukraine Volodymyr Groysman said at the Partnership for Development Forum. According to him, the government will focus on…Details
The Deposit Guarantee Fund of Ukraine has extended the terms of liquidation of three banks – JSC Bank Veles, JSC Bank Zoloti Vorota and JSC Bank National Investments, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision as of November 29 to extend the term of liquidation of…Details
Lithuania’s National Commission for Energy Control and Prices approved new around 15% higher power prices for households for 2019. Under the most popular “standard” plan, the single time interval tariff will rise by 15%, or by 1.7 cents, to 13 cents per kWh. In the case of the dual time interval, the day tariff will…Details
Latvian airline airBaltic on December 1 in Riga welcomed the last Airbus A220-300 jet for the year, registered as YL-CSM. Currently airBaltic has a total of 14 Airbus A220-300 aircraft on its fleet. Thus far, airBaltic has carried over 1 850 000 passengers on the Airbus A220-300 aircraft with every third airBaltic passenger flying on…Details
Azerbaijan may leave bankcards behind by switching to the use of mobile technologies offline, as it happened in China, a source on Azerbaijan’s financial market reported. The number of bankcard users in Azerbaijan is insignificant and amounts to only 10% of the total population, the source noted. “Similar indicators were also on the Chinese market,…Details