The Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev signed a decree on increasing the authorized capital of the company by 1 billion soms, Information Support Department of the Government’s Executive Office reported. The decision was made in order to further develop the company and effectively manage the state-owned stake of the financial institution. Aiyl Bank is…
The National Bank of Ukraine (NBU) has revoked banking and general licenses for foreign exchange operations of JSC BM Bank, the central bank’s press service reports. “The National Bank of Ukraine by the Board’s decision dated November 6, 2017, No.749-rsh, revoked the banking and general licenses for foreign exchange operations from JSC BM Bank and…
According to the results of the first 9 months of 2018, bank’s operating income amounted to 4 billion UAH, up almost 2-fold YoY. Net interest income before provisions amounted to 2.96 billion UAH, whereas net commission income amounted to 1.19 billion UAH. Bank’s equity amounted to 6 billion UAH. According to the results of the…
Solvent banks in Ukraine in January-September received UAH 10.9 billion ($386.9 million) in profit, up 8-fold YoY (UAH 1.4 billion, or $49.7 million), according to the National Bank of Ukraine. Operating income of banks during the period under review increased by 20.3% at the expense of net interest and commission income, and expenses – by…
The National Bank of Ukraine (NBU) has revoked the banking and general licenses of PJSC Commercial Bank Center and PJSC VS Bank, the NBU press service reports. “The National Bank of Ukraine has revoked the banking and general licenses of PJSC Commercial Bank Center and PJSC VS Bank to conduct foreign exchange operations. The relevant…
The Deposit Guarantee Fund will resume payments to the depositors of four insolvent banks from November 1, the fund’s press service reports. “From November 1 the Deposit Guarantee Fund will pay refunds to the depositors of PJSC Commercial Bank Ukrainian Financial World under bank deposit agreements, regardless of the date of their termination and under…
The capitalization of the banking sector of Azerbaijan in September amounted to 4.1 billion manats, up by 10.8% from the beginning of the year, said the report of the Financial Market Supervision Authority. According to the report, the total assets of banks since the beginning of the year have increased by 20.6%, reaching 29.2 billion…