The volume of foreign deposits in Latvian banks, including ABLV Bank in the middle of its liquidation, declined to 28.7% in June when compared to 39.7% at the end of 2017, according to the latest information from the Finance and Capital Market Commission. Without ABLV Bank, the volume of foreign deposits comes down to 22.1%.…
From July onward, Norvik Bank will be using a new authorization tool for internet banking services – Google Authenticator, as confirmed by the bank. The bank notes that it is a modern and secure mobile app that offers quick authorization of payments and other transactions in e-Norvik Internet banking service. This app, according to the…
The majority of banks whose business activities are associated with servicing non-residents will continue working in Latvia, as confirmed by Finance and Capital Market Commission Peters Putnins. He said that a previous outlook stated that certain banks could cease working in Latvia because of the restriction for banks to cooperate with shell companies. “This outlook…
Ukrainian solvent banks in January-May received UAH 12.812 billion ($488 million) in profit, which was twice the figure at UAH 6.851 billion ($261 million) YoY. Revenues of solvent banks over the period under review grew by 5.9% YoY, to UAH 78.275 billion ($3 billion), while expenses dropped by 2.4%, to UAH 65.463 billion ($2.5 billion),…
In 2017 the National Bank of the Kyrgyz Republic transferred 2.1 billion soms to the country’s budget, the Chairman of the National Bank Tolkunbek Abdygulov stated at the meeting of the parliamentary committee on budget and fiscal policy. According to him, in 2016 the bank conducted 52 interventions, and in 2017 – 21. “This is…
Ukraine’s Central Bank has informed Ukrainian banks that the 100-ruble banknote issued by Russia for the 2018 World Cup shall not be accepted for placing to a bank account or for currency exchange. What is more, a Russia-minted three-ruble coin, which is also related to Crimea, was banned, according to a telegram sent out by…
VTB Bank Kazakhstan started to issue MasterCard payment cards, the press service of the bank stated. The Bank’s own emission will open up new opportunities for customers. “MasterCard is one of the most popular payment systems in the world, with cards of which payments can be made in more than 210 countries. We issue MasterCard…