The National Bank of Ukraine (NBU) has approved the candidates to the posts of heads of JSB Ukrgasbank and JSC OTP bank, the central bank’s press service reports. “On November 12, the National Bank of Ukraine approved the candidacy of Andrii Kravets for the position of chairman of the Management Board of Ukrgasbank and the…
Deputy Chairman of the National Bank of Kazakhstan Akylzhan Baimagambetov spoke about the financing of state programs during the round table on the results of the development of financial sector during the coronavirus pandemic. According to him, the National Bank of Kazakhstan has been financing the state programs to the tune of KZT 2.3 trillion,…
The National Bank of Ukraine (NBU) has held a refinancing tender to provide four banks with UAH 563.6 million ($20 million) in refinancing loans at an interest rate of 6% per annum, with an 84-day maturity period. The National Bank holds biddings to maintain banks’ liquidity for up to 90 days. Biddings are held each…
The National Bank of Ukraine (NBU) sold $70 million on the interbank foreign exchange market last week, according to data provided by the central bank. According to the results of foreign exchange interventions, the National Bank sold $70 million on the interbank foreign exchange market between November 2 and November 6. The regulator also purchased…
Banks in Latvia are well prepared to overcome the COVID-19 crisis, chairperson of the Finance and Capital Market Commission (FKTK) Santa Purgaile has said. “Banks are in financially good health to overcome this crisis,” said the head of FKTK, adding that banks were strong and their liquidity was good. At the same time, Purgaile admitted…
The Finance Ministry expects that the appointment of Andrii Kravets as Chairman of the Board of Ukrgasbank will ensure the continuation of successful operations of the financial institution, the ministry’s press service reports. “The Finance Ministry welcomes the decision of the Supervisory Board of Ukrgasbank. We hope that the appointment of Andrii Kravets as Chairman…
As of October 1, the share of non-performing loans (NPLs) in state-owned banks (excluding PrivatBank) decreased from 47.6% to 43.5%, the press service of the National Bank of Ukraine (NBU) wrote on Facebook. According to the central bank, state-owned banks have begun to implement plans to clean the balance sheets from the legacy of previous…