The government’s resolution to recapitalize nationalized PrivatBank for the amount of UAH 9.8 billion by the issue of 15-year government domestic loan bonds with the indexed value (with reference to the U.S. dollar exchange rate), adopted on February 22, was executed on February 24, according to the National Bank of Ukraine (NBU). According to the…
The Individuals’ Deposit Guarantee Fund from February 27, will continue payments to the depositors of Artem-Bank (Kyiv), according to the fund’s website. According to the fund, payments will be carried out in the period until April 10, inclusive on the general register of depositors through the agent banks of Kredobank and FUIB (depending on the…
State-controlled Ukrgasbank (Kyiv) will put about 180 real estate objects worth more than UAH 1.8 billion up for sale through electronic auctions on the SETAM site. “We believe that now is the right time for the sale of assets. The country is showing the signs of macroeconomic stability, the business environment behaves more actively and…
Kazakh state-owned Damu Entrepreneurship Development Fund will provide a credit line to Kazakh Kazkommertsbank in the amount of 1 billion tenge. The credit line will be directed to ‘Almaty Innovation’ program, which envisages financing of small and medium-sized businesses in the city of Almaty. As much as 500 million tenge of the credit line are…
Bank Globus (Kyiv) does not have money of individuals received from officials of the National Bank for Development (VBR) being under liquidation on the bank’s accounts, bank Globus said on its website. Bank Globus received neither from the Prosecutor General’s Office of Ukraine nor from courts the rulings or resolutions on the arrest of the…
The Central Bank of Azerbaijan (CBA) raised 47.7 million mantas at a deposit auction, the CBA said. The CBA was ready to receive 150 million manats for deposit, however, the demand was less than supply. The weighted average interest rate on deposit transactions at the auction was 14.87%. The CBA started holding deposit auctions in…
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…