As of January 1, 11 banks provided loans for a total sum of UAH 7.35 billion under state guarantees on a portfolio basis, the Finance Ministry’s press service reported. “As part of the support for micro-, small- and medium-sized businesses in Ukraine through the instrument of state guarantees on a portfolio basis, as of January…
Ukrainian banks issued 9,700 mortgage loans worth UAH 7.9 billion in January-November 2021, according to another survey of banks on the volume of mortgage loans granted to the population. “In total, in the first 11 months of 2021, banks issued 9,700 mortgage loans totaling UAH 7.9 billion. Compared to the same period of the previous…
In the banking sector of Ukraine, the share of non-performing loans (NPL) as of December 1, 2021 decreased to 30.7% against 32.7% as of November 1, 2021, the National Bank’s press service reported. Since early 2021, the share of NPLs has decreased by 10.3% (UAH 73.8 billion in absolute terms), being observed in banks of…
Revolut Bank, a part of the British fintech Revolut, has been granted a banking license, the Bank of Lithuania (LB) reports. Upon LB’s proposal, the banking license was issued by the European Central Bank. The company, headquartered in London, runs a specialized bank, Revolut Bank, and an e-payment platform Revolut Payments. CEO Joe Heneghan said…
The head of the National Bank of Kyrgyzstan, Tolkunbek Abdygulov, is resigning. It is expected that he will officially announce his decision at a meeting of the Committee on Economic and Fiscal Policy. The press service of the National Bank does not comment on the resignation. The official representative of the National Bank of the…
The National Bank of Ukraine (NBU) provided a total of UAH 128 million in refinancing to two banks. On September 24, a quantitative tender was held for the refinancing of banks for a term of 84 days. The application of two banks for a total sum of UAH 128 million at an interest rate of…
In August, inflows of funds to banks being under liquidation amounted to UAH 191.4 million, of which UAH 174.9 million came from the sale of assets through electronic auctions, according to the press service of the Deposit Guarantee Fund of Ukraine. The largest revenues from the sale of assets came to the accounts of: JSC…