PrivatBank (Dnipro) officially informed Deutsche Trustee Company Limited, a trustee on 2018 eurobonds, that the bank does not have any obligations under the securities, according to a report on the website of the London Stock Exchange. “In response to your letter of February 8, please be informed that PrivatBank has no more obligations under the…
S&P Global Ratings affirmed its ‘B-/C’ long- and short-term counterparty credit ratings on Capital Bank Kazakhstan JSC (CBK). The outlook is negative. At the same time, S&P affirmed ‘kzB+’ Kazakh national scale rating on the bank. “The affirmation follows an improvement in CBK’s liquidity metrics in the first half of February,” S&P said. “The bank’s…
The National Bank of Ukraine (NBU) in 2017 expects that the banking sector would see profit, not taking into account PrivatBank, the NBU has reported on its website. The key factors that influence this in 2017 will be the reduction of sending to reserves and active growth of interest income thanks to the increase in…
The National Bank of Ukraine (NBU) has introduced some new requirements for payment systems oversight, their participants and operators, the central bank has said on its website. The new requirements are outlined in NBU Board resolution No. 11 signed on February 13, approving of amendments to some NBU acts. The document came into effect on…
The number of transactions using payment cards in 2016 increased by 28% YoY, to 2.513 billion, and their volume – by 30.6%, to UAH 1.61 trillion. According to the website of the National Bank of Ukraine (NBU), the volume of transactions to obtain cash using payment cards rose by 22.5% and amounted to UAH 1.039…
The refinancing rate of the National Bank of the Republic of Belarus (NBRB) was reduced from 17% to 16% per annum on February 15, the NBRB Information and PR Office reported. Apart from that, the interest rate on standing and bilateral operations designed to keep up the current liquidity of Belarusian banks was reduced from…
Closed Joint-Stock Company Tajprombank (Tajik Joint-Stock Commercial Industrial Bank for Reconstruction and Development), one of Tajikistan’s distressed commercial banks, does not hurry up to pay out savings to its customers. The customers complain that they cannot take their money from the bank, although it received 450 million somoni from the government at the beginning of…