Ameriabank has received Euromoney Award for Excellence 2019 as the Best Bank in Armenia. The award is a recognition of Ameriabank’s leadership in the market, sustainable growth and push for digital transformation. This reputable title has been awarded to Ameriabank for the seventh time. Euromoney Annual Awards for Excellence have been evaluating and acknowledging the…
The Deposit Guarantee Fund last week sold insolvent banks’ assets worth UAH 56.78 million, the fund’s press service reports. “Last week the assets of 18 banks, which are in the management of the Fund, were sold for UAH 56.78 million,” the report says. In particular, UAH 9.17 million was received from the repayment of fund…
The National Bank of Ukraine (NBU) has identified 14 systemically important banks in accordance with the updated methodology, the central bank’s press service has reported. “The National Bank has determined the list of systemically important banks in accordance with the updated methodology. The new methodology has significantly expanded the number of such banks,” reads the…
The Central Bank of Azerbaijan (CBA) held a deposit auction on July 1, where it attracted 100 million manats from Azerbaijani banks. The bank noted that the demand at the auction amounted to 701.5 million manats. The funds are placed for a period of 14 days with a yield of 6.51%. The auction was held…
A special Lithuanian governmental commission gave the same verdict that Revolut’s activities did not run counter to the country’s national interests after completing its third review of the UK-based fintech start-up. The commission that vets transactions by strategic enterprises took the decision on June 25. Revolut Bank plans to start operating as a specialized bank…
Volume of purchases of gold in the domestic market of Kyrgyzstan amounted to 1.6 tons for 4.7 billion soms in January-May, the National Bank reports. In 2018 the National Bank of the Kyrgyz Republic bought 4.2 tons of gold for 11.8 billion soms. Over the year, the volume of purchases of the precious metal increased…
In April the total value of deposits in Azerbaijan amounted to 22.13 billion manats, up by 9.6% YoY, the Central Bank of Azerbaijan (CBA) reported. In particular, the value of deposits of non-financial organizations increased by 11.7% (10.561 billion manats), reaching 11.8 billion manats. The total value of deposits of legal entities in April reached…