As of late October Azerbaijani banks’ liabilities to the country’s Central Bank (CBA) decreased to 566.6 million manats, or almost 3-fold compared to the volume of liabilities in early 2017, according to the report of the country’s Financial Market Supervisory Authority. Since the beginning of the year, banks have reduced their liabilities by 21.4%, from…
The National Bank of Ukraine (NBU) has transferred the eighth tranche of profit in the amount of UAH 4.4 billion to the state budget, the central bank’s press service reports. “On December 7, the National Bank transferred the last eighth tranche of profit in the amount of UAH 4.4 (44,378,828,945.50) billion to the state budget,”…
PrivatBank has introduced the money transfer service using Welsend system, the bank has said in a press release. The Welsend money transfer system was created by Ukrgasbank (Kyiv) in 2013. Partners of Welsend are 53 financial institutions both in Ukraine and outside the country. The system is present in over 120 countries and has over…
Currency reserves of the Central Bank of Azerbaijan (CBA) increased by about $1,243.2 million (31%), to $5,254.2 million in November as compared to the same period of 2016, according to statistical data posted on the CBA website on December 6. During the month, CBA reserves rose by 53.5 million, while since early 2017 it has…
Belarus’ Priorbank was named by The Banker magazine (UK) among the winners of the Bank of the Year financial award, the Priorbank press service reported. The world’s best banks were announced at an official ceremony in London. The experts evaluated financial organizations of some 150 countries. Priorbank was named the best bank in Belarus for…
Azerbaijan’s Unibank OJSC issues bonds worth $10 million, said the Baku Stock Exchange (BSE) in a message. The message says that this step is the second stage of consulting program for the listing of the BSE, which Unibank joined on October 26. The bank plans to place 1,000 bonds with a par value of $10,000…
Belarus’ largest bank Belarusbank may arrange an initial public offering (IPO) in 2019, First Deputy Prime Minister of Belarus Vasily Matyushevsky declared on November 29. According to the source, persistent work is in progress to arrange the IPO. “I hope we will be able to carry out the initial public offering in 2019,” said Vasily…