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…
The PrivatBank’s website has entered the Top 10 most visited banking websites and resources in the world. This is stated in a press release. “As of March 1, the PrivatBank’s website took the tenth position among the Top 50 most visited banking websites in the world, which is headed by the websites of such U.S.…
The Deposit Guarantee Fund has resumed payments to the depositors of PJSC Bank National Investments, the fund’s press service reports. “From May 2 the Deposit Guarantee Fund is carrying out payments to the depositors of PJSC Bank National Investments under bank deposit agreements, regardless of their date of termination, and under bank account agreements (including…
PASHA Bank intends to bring its loan portfolio to 2 billion manats by 2020, Taleh Kazimov, chairman of the Board of PASHA Bank, said at a press conference on May 1. He said that by the same period, it was planned to have increased the value of assets to 5.2 billion manats. Speaking about the…