The Russian central bank could reduce its key rate at the next meeting on September 16, CEO of the country’s biggest lender Sberbank German Gref said. “If inflation goes down, there are chances”, Gref said. The board of directors of the ruler decided on July 29, to keep the interest rate at 10.5% after a…
Belarusian banks’ total balance sheet profit amounted to 399.7 million Belarusian rubles (Br) in January-July, or $204.231 million at the official rate of the central bank, up by 35.2% YoY, the National Bank of Belarus said in a statistical report. Banks’ equity capital totaled 8.138 billion rubles ($4.158 billion) as of August 1, up by…
Net foreign assets of Belarusian commercial banks amounted to minus $5.353 billion as of August 1, down by 14.9% compared to the level of January 1, the National Bank of Belarus said in a statistical report. Gross foreign assets of commercial banks were down by 26.7% in January-July to $1.299 billion, while foreign liabilities of…
An independent review of the quality of assets of the Belarusian banking system will be considered at a meeting of the Financial Stability Council, Chairman of the Board of the National Bank of Belarus Pavel Kallaur said. “We expect to hold a meeting of the council soon. Most likely we will consider the results of…
First Ukrainian International Bank (FUIB) is in the TOP-10 in a number of nominations of the rating of the most reliable banks of Ukraine in 2016, prepared by the insurance portal Forinshurer. FUIB has occupied the 5th place in the nomination “Deposits of Individuals” and the 8th place in the nomination “Deposits of Legal Entities”.…
On August 4, the National Bank of Ukraine registered the iBox Money Transfer international remittance system, the payment organization of which is PJSC iBox Bank (formerly Agrocombank, Kyiv). Participants in the payment system are OJSC Zaminbank (Azerbaijan) and PJSC Artem-Bank (Kyiv). According to the NBU, taking into account iBox Money Transfer, currently eight payment systems,…
On August 15, the National Bank of Ukraine (NBU) registered the Sigue Money Transfer international system, the payment organization of which is Cel.Int Ltd (UK). Participants in the payment system are PrivatBank, Oschadbank, and Unex Bank. According to the NBU, taking into account Sigue Money Transfer, currently ten payment systems are registered, the payment institutions…