In February, JSC Ukreximbank generated UAH 99.5 million in net profit, according to the bank’s press service. Since the beginning of 2021, the state-owned bank has received a total of UAH 201.9 million in net profit. According to the bank’s press service, the positive dynamics was achieved, in particular by continuing the measures to optimize…
The credit portfolio of Latvian banking sector declined by 3.9% or by EUR 523.785 million YoY in 2020 and was EUR 12.948 billion, according to data compiled by the Finance Latvia Association. The credit portfolio of banks that are members of the association has declined by 1% or by EUR 123.218 million, composing EUR 12.212…
The National Bank of Ukraine (NBU) has conducted the annual revision of the list of systemically important banks, the central bank’s press service has reported. The number of systemically important banks decreased to 13 institutions. This year, Kredobank has not been included in the list. The updated list includes: A-Bank, Alfa-Bank, OTP Bank, Oschadbank, Bank…
The central bank of Uzbekistan has imposed sanctions on 15 domestic banks, the organization’s press service reports. These include Agrobank, Peoples’ Bank, Mikrokreditbank, National Bank, etc. The regulator said it imposed sanctions as several employees of banks had refused to process customer payments with plastic cards. They did not use terminals and did not cash…
The Finance Ministry of Ukraine expects that the share of the state in state-owned banks will decrease to 25% until 2025. According to the updated Principles for Strategic Reform of the Public Banking Sector (Strategic Principles) developed by the Finance Ministry in cooperation with international partners, which was approved by the Government of Ukraine on…
The National Bank of Ukraine (NBU) plans to continue bringing the Ukrainian banking legislation in line with the EU legislation and introducing best world practices, NBU Governor Kyrylo Shevchenko has written on Facebook. “The NBU welcomes the European Parliament’s resolution on the Implementation of the EU Association Agreement with Ukraine. This resolution was passed by…
The National Bank of Ukraine (NBU) provided a total of UAH 440 million in refinancing to four banks, the central bank’s press service reported. On February 5, a quantitative tender was held for the refinancing of banks for a term of 84 days. The applications of four banks for a total sum of UAH 440…