The Deposit Guarantee Fund of Ukraine sold insolvent banks’ assets worth UAH 93.95 million last week, the fund’s press service reported. “Last week (October 5 – October 9), the assets of five banks, which were in the management of the Fund, were sold for a total sum of UAH 93.95 million,” reads the report. According…
Swedbank will relocate its head office building on Liivalaia Street in Tallinn’s Kesklinn district and move to the Hippodrome quarter in North Tallinn in 2024, bringing all of its departments under one roof. Head of Swedbank AS Olavi Lepp said the buildings on Liivalaia Street were too small and the bank had outlived its time…
Oschadbank issued more than 800 mortgage loans worth over UAH 450 million in January-September, the bank’s press service reported. In the third quarter alone, Oschadbank’s clients received more than 400 loans worth UAH 240 million, the report said. “Since the beginning of this year, we have already invested almost half a billion hryvnias in the…
The Estonian Financial Supervision Authority (FSA) has said the most difficult time for banks during the coronavirus crisis has passed and at the end of the second quarter requests for loan holidays ceased. In the second quarter, the loan stock of the banking sector decreased by 0.7% YoY, to EUR 27.5 billion. In the previous…
To provide the population with the main types of banking services, commercial banks and non-bank financial and credit institutions were recommended to resume their activities from October 8, the National Bank of Kyrgyzstan reported. However, they will work in limited mode. To create conditions for timely receipt of salaries, pensions, benefits, as well as providing…
The Deposit Guarantee Fund has completed payments to the depositors of PJSC CB Khreschatyk, according to the fund’s press service. On October 2, the Deposit Guarantee Fund submitted documents for the liquidation of PJSC CB Khreschatyk to the state registrar of legal entities, individual entrepreneurs and public organizations to record the termination of the bank…
The National Bank of Ukraine (NBU) sold $51.1 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 $51.1 million on the interbank foreign exchange market between September 28 and October 2. The regulator did not…