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…
Azerbaijan’s NIKOIL Bank and non-bank credit organization TBC Kredit (subsidiary of Georgian TBC Bank) are holding negotiations on the merger. To this end, both parties have signed an agreement on strategic partnership. A source close to the negotiations said that it was too early to talk about the actual merger, because there were still a…
Commercial banks still have the largest segment in Latvia’s finance and capital market – 84% of the sector’s assets, according to data from Finance and Capital Market Commission. According to FCMC report from 2017, as a result of changes in the finance sector, the volume of foreign clients’ deposits in Latvian banks declined 30% in…
The National Bank of Ukraine (NBU) has introduced changes in tariffs on organizational services and other types of services (operations) carried out by the central bank. The increase in tariffs for banks took place from July 24 for budgetary institutions (including the State Treasury), while for banks being under liquidation and the Deposit Guarantee Fund…