Lithuania’s Central Bank has promised to assess information regarding Latvian VIA SMS Group working in the country. This decision is a reaction to the statement made by Seimas National Security and Defense Committee member Arvydas Anusauskas that people associated with former Parex Banka owners worked in that company. “Before issuing the aforementioned association a license…
The Deposit Guarantee Fund last week sold insolvent banks’ assets worth UAH 110.05 million, the fund’s press service reports. “Last week assets of 20 banks, which were in the management of the fund, were sold for UAH 110.05 million,” reads a report. In particular, UAH 34.36 million was received in repayment of the fund creditors’…
The administrator of the liquidated Trasta komercbanka has recovered EUR 320,501 in July, which is much more than the amount recovered a month prior, when EUR 5,054 was recovered. All of the money recovered in July was recovered from issued loans. So far in 2018 the administrator has recovered a total of EUR 1.875 million.…
The largest loss among the banks operating in Ukraine in the first half of 2018 was posted by Ukrainian-based subsidiaries of Russian state-owned banks. In particular, the subsidiaries posted UAH 9.020 billion, or $334 million, in loss, the National Bank of Ukraine (NBU) said on its website. Namely, Sberbank reported UAH 7.176 billion, or $266…
In January-July JSB Ukrgasbank issued over UAH 1 billion of loans to the population for the purchase of new housing, vehicles and installation of energy-saving equipment, the bank’s press service reports. “Over the first seven months of 2018 Ukrgasbank has issued over UAH 1 billion of loans to the population for the purchase of new…
The National Bank of Kazakhstan has suspended the license of Qazaq Banki for accepting deposits and opening bank accounts of individuals until September 28, said a message from the National Bank of the country. “The decision was taken by the National Bank within the framework of the supervisory response to certain violations by the bank…
Azerbaijan’s Kapital Bank is increasing its authorized capital by 40 million mantas, to 225.85 million manats, said a message posted on the ESID (Electronic System for Information Disclosure) portal. For this purpose, the bank has issued 3,228,410 shares worth 12.39 manats each. Kapital Bank, being the legal successor of “Sberbank”, has more than 140 years…