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…
The National Bank of Ukraine (NBU) plans to carry out inspections in 45 banks in 2020, the press service of the central bank has reported. “The list of financial institutions subject to scheduled inspections in 2020 includes 45 banks,” reads the report. Also, from July 1 the National Bank will start on-site inspections of non-bank…
In January-November UAH 7.878 billion were transferred to the accounts of insolvent banks, according to the Deposit Guarantee Fund of Ukraine. “Of this the largest sum totaling UAH 6,832.0 million was received from the sale of assets of banks being under liquidation, UAH 928.2 million from repayment of loans, UAH 100.9 million from property rent,…
The VTB Bank Azerbaijan management’s forecast assumes the profit worth 6 million manats ($3 million) at the end of 2019, Chairman of the Management Board of VTB Bank Azerbaijan Yevgeniy Kirin declared speaking about the bank’s plans for profit for 2019. Kirin made the remarks at the press conference in Baku on December 19. “At…
The Deposit Guarantee Fund of Ukraine has completed the liquidation of PJSC European Gas Bank (Eurogasbank), according to the Fund’s press service. “On December 11 relevant documents were submitted to the United State Register of Legal Entities, Individual Entrepreneurs and Public Organizations to register the termination of PJSC European Gas Bank as a legal entity,…
The Baku Stock Exchange held an auction on the placement of short-term notes of the Central Bank of Azerbaijan (CBA) on December 12. The Baku Stock Exchange raised 170 million manats ($100.2 million) from the Azerbaijani banks. The supply exceeded the demand 5.8-fold. 17 investors made 29 applications worth over 991.8 million manats ($584.5 million).…