The transition bank created on the basis of Diamantbank declared insolvent earlier would have enough attractive assets, and the bank had a potential investor, Diamantbank Board Chairman Oleh Khodachuk has said. “In four days after the introduction of interim administration the bank’s employees carried out titanic work resulted in submitting an application of a qualified…
Alfa-Bank (Kyiv) in January-March received UAH 6.876 million of net profit against UAH 536.849 million of net loss for the same period in 2016. According to a bank financial report released on its website, its net interest income in the reporting period increased 2.63-fold, to UAH 653.827 million. Excluding expenses for the formation of reserves,…
According to the data of Association of Latvian Commercial Banks, compared to 2015, the number of POS terminals in Latvia increased 16% in 2016, reaching 41,613 terminals in total. On average, 494 new POS terminals are released in the country. Aside from that, the number of legal persons using POS terminals to process clients’ payments…
The number of banks with a “problem” status has reduced from five to three, Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has stated. “Two out of five problem banks were transferred to the Deposit Guarantee Fund, namely Vector Bank and Diamantbank,” Rozhkova said. Currently, there are three problem banks in Ukraine’s…
Diamantbank (Kyiv) that was declared insolvent on April 25, reported that the bank saw profit in January-March after four quarters of seeing losses. According to a bank report, it saw UAH 1.7 million of net profit in January-March, while a year ago its net loss was UAH 287.404 million. Net interest income over the period…
PASHA Bank’s share in the Azerbaijani banking market in terms of volume of assets reached 10% as of late 2016, Taleh Kazimov, the bank’s CEO and chairman of Executive Board, declared. The bank’s share in terms of the volume of the loan portfolio reached 5.5%, he said on April 25. In 2016, PASHA Bank’s assets…
The National Bank of Ukraine (NBU) on April 24, recognized Diamantbank (Kyiv) insolvent, according to the central bank’s website. The NBU board made corresponding decision No. 264-RSh/BT as of April 1, the bank failed to achieve the minimum level of regulatory capital adequacy at a ratio of 5% established by the central bank. Following the…