Solvent banks’ assets in Ukraine in October shrank by 0.5%, or by UAH 6.759 billion ($240 million), to UAH 1.348 trillion ($48 billion). Their assets have grown by 1.1%, or by UAH 14.151 billion ($503.4 million) since the beginning of the year, according to the National Bank of Ukraine (NBU). The banks’ liabilities decreased by…
The Individuals’ Deposit Guaranteeing Fund has started the procedure of withdrawing PJSC VTB Bank from the market by introducing temporary administration for one month from November 28 to December 27. According to the fund’s website, Yulia Zabolotna has been appointed temporary administrator of the credit institution. The beginning and procedure of paying guaranteed amount to…
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…