The head of the National Bank of Ukraine, Kyrylo Shevchenko, has submitted a resignation letter. The top banker announced his move on his Facebook page. “Dear friends, due to the health-related issues that cannot be ignored any longer, I have made a difficult decision. I am resigning from my position as the NBU Governor,” the…
The degree of digitisation of the Polish banking sector is above the global average, a study by the consulting company Deloitte has shown. The “Digital Banking Maturity 2022” report, published on September 29, is based on an analysis of 304 banks in 41 countries. The banks analysed were divided into four categories: digital champions who…
Commercial banks in Georgia loaned GEL 43.21 billion ($15.3 billion) and received deposits of GEL 41.76 billion ($14.78 billion) in August, the latest data from the National Bank of Georgia showed. The volume of loans increased by 2.68% in August compared to the previous month, while the number of deposits increased by 7.74%. Last month,…
The head of the National Bank of Georgia Koba Gvenetadze has been nominated among the best central bankers of 2022 for the fifth year in a row by Global Finance, a leading monthly financial magazine. Gvenetadze, who became the chairman of the bank in 2016, earned one of the three highest grades – “A-” in…
As of August 1, the share of non-performing loans (NPLs) in Ukraine’s banking sector increased to 30%. The relevant statement was made by the National Bank of Ukraine (NBU) on Telegram. According to the NBU, the amount of NPLs rose by UAH 24.2 billion in July. (Ukrinform/Business World Magazine)
Turto Bankas (Property Bank), Lithuania’s centralised public property management company, was hit by a cyberattack on August 30, which briefly knocked out its external websites. The company believed it was a response to its “putinOut” campaign. The websites turtas.lt and valstybesturtas.lt were down between 12:30 and 13:00 as a result of a distributed denial of…
Ukrainian banks have issued 14 loans worth UAH 33.2 million as part of a special lending program for exporters, with 12 more loan agreements yet to be signed, Ukraine’s Export Credit Agency reports. “The ECA’s partner banks as part of a special lending program for exporters during the martial law supported the issuance of 8…