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…
Commercial banks in Georgia loaned GEL 42.09 billion ($14.85 billion) and received deposits of GEL 38.75 billion ($13.67billion) in July, the latest data from the National Bank of Georgia showed. The volume of loans decreased by 3.58% in July compared to the previous month, while the number of deposits increased by 1.27%. Last month, the…
Last week, the National Bank of Ukraine (NBU) sold $521.69 million on the interbank foreign exchange market. The relevant data were posted on the NBU’s website. In particular, following the foreign exchange interventions, between August 8 and August 12, the NBU acquired $93.4 million and sold $521.69 million on the interbank foreign exchange market. In…
Siauliu Bankas, the last Lithuanian bank accepting Russian payments for Kaliningrad transit services, has called on the government to provide clarity. “Public authorities must state clearly whether transit is a function of interest to the state, or not,” Vytautas Sinius, the CEO of Siauliu Bankas, said. “We are waiting for a clarification from public authorities…
The CEO of PKO BP bank, Poland’s largest lender, has quit her job. Iwona Duda has held the post since January. Her resignation was effective from August 9, the bank said in a statement. No reason was given for Duda’s departure. At the same time, Pawel Gruza has been appointed as PKO BP bank’s deputy…
Banks operating in Lithuania say they are waiting for clarifications from the government on whether to handle payments for Russia’s Kaliningrad transit. According to the Lithuanian Banking Association, they need assurances they will not breach international sanctions for servicing Russian payments. “For a financial institution to be able to consider a possibility to apply an…