The European Bank for Reconstruction and Development (EBRD) has appointed Ayten Rustamova the bank’s new head of office in Tajikistan, said the message on EBRD’s website. Ayten Rustamova will be based in Dushanbe, where she replaces Richard Jones who has returned to EBRD London headquarters. The EBRD also has a second office in the country,…
Belarusian banks demonstrate an increasing interest in the exchange market of deposit auctions, Andrei Aukhimenya, Chairman of the Board of the Belarusian Currency and Stock Exchange (BCSE), reported. The Chairman of the Board said: “Last week we launched the exchange market of deposit auctions. Several days of active trading demonstrated that banks were now fighting…
First Ukrainian International Bank (FUIB) finished 2016 with a net profit of 367 million UAH. At the same time, bank’s operating profit amounted to 1.8 billion UAH. The bank reduced allocations to reserves more than 3.5-fold, from 4.8 billion UAH in 2015 to 1.3 billion UAH in 2016. According to the results of 2016, FUIB’s…
State-run PrivatBank plans to expand cooperation with the government in providing some social services on the basis of Privat24 platform, PrivatBank Head Oleksandr Shlapak has said. “PrivatBank today is a leader of the so-called ‘digital banking.’ For many years we have been providing services that no country provides. We are trying to convince the government…
The sale of Alfa-Bank Ukraine is not being planned, one of the bank’s major shareholders Petr Aven declared. “We are not preparing to sell,” Aven said, adding that Alfa-Bank currently had a “normal working relationship” with the National Bank of Ukraine. Earlier, the director of strategic communication of Alfa-Bank Ukraine Denis Kazvan said that after…
Global Finance, an English-language international financial magazine, has named ASB Belarusbank the best bank on the Belarusian market for the fifth time. The information is posted on the website of the magazine. Global Finance magazine announced its annual awards for the World’s Best Banks last week. Among the honorees for Central and Eastern Europe it…
Air Astana and Lufthansa enhanced their cooperation with the signing of a code share agreement, Air Astana press service reported. The code share agreement is valid on Air Astana’s flights between Astana and Frankfurt and Lufthansa’s flights from Frankfurt to Almaty and Astana with effect from March 26. The agreement allows for increased choice for…