The Deposit Guarantee Fund last week sold insolvent banks’ assets worth UAH 136.82 million, the fund’s press service reports. “Last week the assets of 22 banks, which were in the management of the Fund, were sold for UAH 136.82 million,” the report says. In particular, UAH 118.82 million was received from the repayment of fund…Details
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The Deposit Guarantee Fund of Ukraine has extended the term of liquidation of JSC Commercial Bank Expobank, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision as of March 14, 2019, No.576, to extend the term of liquidation of JSC Commercial Bank Expobank from March 31, 2019 until…Details
Estonia’s 2019 economic growth is forecast to fall below 3%, while rapid wage growth is expected to attract growing numbers of foreign labor, according to the latest economic forecast published by Luminor. “Estonia’s strong GDP growth of 3.9% in 2018 is expected to follow a general moderation trend evident in external markets, and fall below…Details
It is clear there are too many banks for Latvia’s domestic market, said chairman of Finance and Capital Market Commission Peteris Putnins. He admitted that not a single bank present in Latvia worked with just one clientele segment. However, the country’s market is not big enough for them to work as widely as Scandinavian banks,…Details
A new local history museum is being constructed in Sairam district of Turkestan region. The project cost totals KZT 86.5 million, the governor’s press service reported. Batyr Tulegenov, the site supervisor, informed that the construction works commenced in August 2018 and were expected to be completed in April. There will be various valuable exhibits telling…Details
Deputy Secretary of the National Security and Defense Council (NSDC) Serhiy Kryvonos has said that six months are needed to fully reform State Concern Ukroboronprom, which includes more than 130 state-owned enterprises of the military-industrial complex. Kryvonos said that this was exactly the required term to restart to operation of Ukroboronprom, if the Verkhovna Rada…Details
Ukrainian SkyUp Airlines has announced it will launch four new regular flights from Odesa to Armenia, Spain, Georgia and Italy. SkyUp Airlines will launch flights from Odesa to Yerevan from May 17. The flights will be performed twice a week on Mondays and Fridays. The lowest price of airline tickets one way is UAH 1,785.…Details