JSB Ukrgasbank has already issued UAH 500 million of investment loans under the government program “Affordable Loans at 5-7-9%”, the largest indicator among the banks participating in the program, according to a report posted on the bank’s website. “Overall, Ukrgasbank has already financed “Affordable Loans at 5-7-9%” for a total sum of UAH 734 million,…
Ukrainian state banks in the first half of 2020 wrote off non-performing loans (NPLs) worth UAH 26 billion at the expense of reserves and restructured such loans worth UAH 2.6 billion, the Ministry of Finance reported. To reduce the share of NPLs, state-owned banks also filed 29,000 new claims to collect debts for a total…
About 30.54 billion GEL ($9.92 billion or EUR 8.38 billion) was deposited in Georgian banks in July, up by 6.16% MoM, showed the latest data by the National Bank of Georgia (NBG). In the same time period, Georgian banks lent 34.49 billion GEL ($11.2 billion or EUR 9.47 billion), up by 2.05%. The sum of…
Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko and U.S. Charge d’Affaires a.i. in Ukraine Kristina Kvien discussed reforming corporate governance in state-owned banks, continuing cooperation with international partners, in particular the IMF, as well as strengthening cooperation between Ukraine and the U.S. Shevchenko noted that strengthening corporate governance and reducing the NPL…
The total volume of non-bank deposits in Georgian banking sector in June increased by 1.95% MoM or by 549.44 million lari ($179.3 million), and constituted 28.77 billion lari ($9.3 billion), the National Bank of Georgia (NBG) reported. In June, the volume of term deposits increased by 291.09 million lari ($95.02 million) compared to May. Demand…
Net international reserves of the National Bank of Ukraine (NBU) in July grew by 0.1%, to $17.520 billion. That’s according to a report released on the NBU website. Net reserves have increased by 11% since the beginning of the year, the report said. Ukraine’s international reserves as of August 1 amounted to $28.802 billion, up…
Ukraine and the United Kingdom have agreed to cooperate and share experiences in measures of governments and central banks to counter the coronavirus pandemic, Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko has announced at his first meeting with British Ambassador to Ukraine Melinda Simmons. The parties discussed some important issues, such as…