The Central Bank of Azerbaijan (CBA) will hold a deposit auction on November 6 to raise funds, the CBA said on November 2. CBA is ready to receive 100 million Azerbaijani manats from banks, with interest rate on deposits varying from 10.01% to 14.99%. The auction will be held on the Bloomberg trading platform. The…
Bank Pivdennyi (Odessa) in January-September posted a profit of UAH 58.385 million, up by 14.3% YoY (UAH 51.101 million). According to a bank financial report posted on its website, its net interest income for the nine months amounted to UAH 721.308 million, up 2.7-fold YoY (UAH 271.020 million). Excluding expenses for formation of reserves, its…
PrivatBank (Kyiv) saw net loss of UAH 1.604 billion in January-September compared with net profit of UAH 592 million a year ago, according to a financial report of the bank posted on its website. The bank said that its net interest income grew by 43.8%, to UAH 4.959 billion. Not taking into account expenses on…
Ziraat Bank will contribute to the development of relations between two brotherly countries – Turkey and Azerbaijan, Ziraat Bank CEO Huseyin Aydin has said at the opening of the bank’s new head office in Baku. He noted that Ziraat Bank came to Azerbaijan to help the development of the country’s financial sector. “With the growing…
The National Bank of Ukraine (NBU) at the foreign exchange auction on October 27 sold $86.1 million to Ukrainian banks, according to the press service of the central bank. The minimum exchange rate of hryvnia during the auction was UAH 26.86 per U.S. dollar, the maximum – UAH 26.87 per U.S. dollar. Earlier, the NBU…
The center for monitoring and combating computer attacks in the financial sphere will start operating in 2018, First Deputy Chairman of the Board of Belarus’ National Bank Taras Nadolny declared ahead of the third CIS international banking and finance forum Minsk Business Meetings. “We are now working to set up the unit which will deal…
The Estonian business of the Swedish financial provider SEB earned a profit of EUR 22.9 million in the third quarter of 2017, which is a 17.4% increase over the same period last year, when the bank reported a profit of EUR 19.5 million. The operating income of SEB Estonia in the third quarter was EUR…