PrivatBank has started an internal investigation into the leakage of bank secrecy, the bank has said in a press release. “We want an understanding of the need to conduct this complicated work in the bank and avoid public manipulation using unreliable information regarding the investigation process, both in statements by politicians and public figures with…
The banking system of Ukraine, including both solvent and insolvent financial institutions, saw UAH 25.972 billion in losses in 2017, down 6-fold YoY. According to the data released on the website of the National Bank of Ukraine, solvent banks in 2017 reported a UAH 24.360 billion loss, while insolvent ones saw a loss of UAH…
The National Bank of the Republic of Belarus (NBRB) has published a roadmap of the main objectives and strategic initiatives for 2018, according to the website of the bank. “The National Bank makes plans for its operations in line with the main objectives set in the Banking Code and the NBRB Statute. The planning system…
The Deposit Guarantee Fund of Ukraine has extended the terms of liquidation of PJSC BG Bank and PJSC Cambio, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision to extend the term of liquidation of PJSC Cambio for one year, from March 2, 2018 until March 1, 2019…
The Deposit Guarantee Fund continues payments to the depositors of JSC Delta Bank from February 5, the fund’s press service reports. “From February 5 till March 19 the Deposit Guarantee Fund will carry out payments to the depositors of JSC Delta Bank,” reads the report. According to the Deposit Guarantee Fund, to obtain deposit refunds…
Decision of the specialized interdistrict economic court of Almaty to forcibly terminate the activities of Kazinvestbank JSC entered into force on January 24, the press service of the Kazakhstan Deposit Insurance Fund (KDIF) reported. All deposits of individuals in Kazinvestbank JSC were transferred to DB Alfa-Bank JSC. KDIF will attract an agent bank for payment…
Commercial banks of Uzbekistan in 2017 provided investment loans worth 16.1 trillion soums, up 1.3-fold YoY, the Central Bank of Uzbekistan said in a message. The Central Bank notes that when issuing investment loans, banks focused on ensuring timely and full financing of projects included in the State Investment Program for 2017, as well as…