The Deposit Guarantee Fund has resumed payments to the depositors of insolvent bank PJSC Profin Bank, the Fund’s press service reports. “From May 23 the Deposit Guarantee Fund has started paying refunds to the depositors of PJSC Profin Bank under bank deposit agreements, regardless of the date of their termination and under bank account agreements…
A delegation of the China Export & Credit Insurance Corporation (Sinosure), headed by Executive Director Wang Yi, held a business meeting in the International Bank of Azerbaijan (IBA), the bank said in a message. As part of the meeting, Abbas Ibrahimov, acting chairman of the IBA board, spoke about the IBA’s activities, its role in…
The Deposit Guarantee Fund of Ukraine has extended the terms of liquidation of PJSC Real Bank, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision dated May 17 No.1384, to extend the term of liquidation of PJSC Real Bank for one year, from May 21, 2018 until May…
The digitalization of the banking sector in Azerbaijan is inevitable, Ibrahim Alyshov, Chief Executive Officer of the Financial Markets Supervision Chamber, said on May 17. He noted that this goal was one of the priorities in the Strategic Roadmap for the Development of the Financial Market. “The digitalization of the country’s banking market is one…
China CITIC Bank is interested in buying a Belarusian bank. The idea was discussed as Prime Minister of Belarus Andrei Kobyakov met with a delegation of the Chinese corporation CITIC Group led by President Wang Jiong. According to Andrei Kobyakov, the possibility of buying a share in a Belarusian bank has already been discussed with…
In January-March consumer loans were provided most actively by the state-owned banks and banks with private Ukrainian capital, the press service of the National Bank of Ukraine (NBU) reported. “Consumer lending remains high – for the first quarter the volume of lending portfolio to individuals increased by 5.6%, to UAH 83.8 billion, or by more…
Kapital Bank will have launched its first virtual branch by the end of this year, Deputy Chairman of the Management Board of the Bank Nahid Zeynalov said at the presentation. According to Zeynalov, today Kapital Bank is the largest in the country by number of branches. The bank has over 100 branches and offices in…