Being one of the key stakeholders in support of renewable energy (RES) projects, the Development Bank of Kazakhstan (DBK) seeks to expand the portfolio of RES projects and is ready to co-finance the creation of green capacity of Kazakhstan’s electricity industry, a representative of DBK has reported. According to the official, Kazakhstan’s potential for wind…
Swedbank has been experiencing some issues with its banking services, and is working to resolve the problems, the bank says. The bank has also said it is conducting scheduled overnight work, which could cause additional disruption. Ede Raagmets, Head of Swedbank’s Customer Services Division, said on February 5 that various banking services had been hit…
The Entrepreneurship Development Fund has signed agreements with JSC Oschadbank and PJSC CB PrivatBank on the implementation of the state program “Affordable Loans at 5-7-9%”, according to the Finance Ministry. “On January 31, Oschadbank signed an agreement with the Entrepreneurship Development Fund to participate in the state program ‘Affordable Loans at 5-7-9%,” reads the report.…
SEB Estonia earned a profit of EUR 100.4 million in 2019, up from EUR 63.7 million in 2018. In 2019, SEB financed the plans of commercial enterprises with more than EUR 1 billion and individuals with more than half a billion euros. Last year, SEB assisted in the purchase of more than 5,000 new homes.…
The Deposit Guarantee Fund last week sold insolvent banks’ assets worth UAH 32.72 million, the fund’s press service reported. “Last week (January 20-24) the assets of 11 banks, which were in the management of the Fund, were sold for a total sum of UAH 32.72 million,” the report says. In particular, UAH 11.82 million was…
Banks expect an increase in demand for loans from households and businesses in January-March, according to a report titled “Survey on the Conditions of Bank Lending”, the press service of the National Bank of Ukraine (NBU) has reported. “Banks note an increase in demand for loans to households and businesses and forecast that this trend…
BTA Bank CJSC gave up its license for the right to conduct banking operations in national and / or foreign currency, website of the National Bank of Kyrgyzstan says. An additional license for conducting banking operations in accordance with the Islamic principles of banking and financing through “Islamic window” in national and / or foreign…