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…
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…