Measures undertaken in the country to strengthen the financial stability of commercial banks have a positive effect on their assessment by international rating agencies in terms of creditworthiness. In particular, the implementation of effective banking supervision on the basis of international standards, constant monitoring of quality of assets and liquidity of banks have allowed domestic…
Joint Stock Commercial Bank “Qishloq Qurilish Bank” is actively working to attract free money resources of the population to deposits. On the eve of the 25th anniversary of the state independence of the Republic of Uzbekistan, the bank has developed two new attractive deposits – “Mustaqil yurtim” in the national currency and “Comfort” in foreign.…
The Deposit Guarantee Fund as part of the pre-sale preparations proposed to investors to appraise a pool of credits issued by Delta Bank being under liquidation secured by vegetable oil handling assets on the territory of Illichivsk port. According to a posting on the fund’s website, claims to 14 credits issued by Delta Bank worth…
Changes occurred in the management of Azerbaijan’s AGBank OJSC, and Tokay Alizade has left his post of deputy chairman of the bank’s board, the bank said on its website. This post remains vacant for now, according to the bank. Currently, the bank’s executive board includes Acting Board Chairman Afqan Jalilov, Director of Department of Financial…
Total volume of individuals’ deposits in Azerbaijani banks amounted to 7.76 billion manats according to the results of Q2 2016, and the volume of insured deposits – to 5.66 billion manats, said a message from Azerbaijan Deposit Insurance Fund (ADIF). “Portfolio of insured deposits decreased by 543 million manats (8.8%) during the reporting period QoQ,…
Ukrainian businessman Borys Kaufman intends to acquire a controlling stake in Platinum Bank (Kyiv) in the amount of 75% plus one share. According to the press service of Kaufman, on August 1, he filed a package of documents to the National Bank of Ukraine (NBU) to obtain permission. Kaufman intends to participate in subscription to…
The National Bank of Ukraine (NBU) has permitted international institutions to provide humanitarian aid to individuals using electronic money, the central bank has said in its website. Amendments to the provision on e-money in Ukraine are outlined in NBU resolution No. 358 dated July 26, that took effect on July 30. The document improves the…