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Monday, January 16, 2017

Ukrainian, Chinese banks enter currency swap agreement

Monday, May 18, 2015 @ 5:17pm
By CISTran Finance Reports

National Bank of Ukraine, People's Bank of China agree to $115 billion deal read more »

Vozrozhdenie Bank reports mixed results in first quarter

Monday, May 18, 2015 @ 1:53am
By CISTran Finance Reports

Vozrozhdenie Bank (VB) released its results on Thursday for the first quarter, in accordance with Russian Accounting Standards (RAS). In the first quarter, the bank made approximately $460,000 in net profits, a 92.6 percent drop from a year ago, attributed to higher income-tax payments, and overall operating income reached approximately $81 million, a 9.1 increase from a year ago. read more »

ADB announces aid to Azerbaijan's small businesses

Thursday, May 14, 2015 @ 6:44pm
By CISTran Finance Reports

Asian Development Bank to provide approximately $120 million in financing. read more »

World Bank responds to article on Armenian displacement

Wednesday, May 13, 2015 @ 7:06pm
By CISTran Finance Reports

The World Bank issued a response on Monday to an article in Hetq taht said  approximately 440 Armenian citizens have been displaced as a result of projects financed by the World Bank.The article by the International Consortium of Investigative Journalists (ICIJ) was published in Hetq on April 17. The article said the Electricity Supply Reliability Project has negatively impacted residents and that approximately 440 individuals in Armenia were physically or economically displaced. read more »

Belarus president stresses importance of domestic protection

Monday, May 18, 2015 @ 4:40pm
By CISTran Finance Reports

Belarus president Alexander Lukashenko stressed the importance of ensuring that companies purchase and use products that are made in Belarus whenever possible over those that are imported. read more »

Rosbank ranked 5th in auto loans

Monday, May 18, 2015 @ 4:19pm
By CISTran Finance Reports

Rosbank said Friday that banking information website  rated it among the top five banks in the Russian Federation in terms of auto loan lending.  The study took into consideration the volume and overall cost of the loans, the arrears level of the loans and the volume and cost each financial institution lent out. read more »

VTB Bank Armenia offers new incentives for deposits

Monday, May 18, 2015 @ 2:42am
By CISTran Finance Reports

The Armenian branch of VTB Bank said on Thursday that improvements have been made to deposits, allowing for more flexibility and options for clients. The bank said depositors and investors may choose a variety of options for their deposits, including term, frequency of interest payments, currency and other offerings. read more »

Welfare OPS buys 10 percent stake in Promsvyazbank

Monday, May 18, 2015 @ 2:19am
By CISTran Finance Reports

Welfare OPS has purchased approximately 10 percent of Promsvyazbank's (PSB) shares for approximately $141 million. the bank said on Thursday. The bank said this partial acquisition is legal with regard to assets that can be invested into pension funds. read more »

IMF recognizes Belarus activity despite negative outlook

Wednesday, May 20, 2015 @ 3:09pm
By CISTran Finance Reports

The International Monetary Fund (IMF) recognized some of the efforts taken by the Republic of Belarus in order to alleviate pressure from a depreciating exchange rate, the Belarus Press Service reported on Tuesday. read more »

International organization honors Development Bank of the Republic of Belarus

Tuesday, May 19, 2015 @ 4:23pm
By CISTran Finance Reports

The Development Bank of the Republic of Belarus (DBRB) was recognized by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) on Sunday. read more »

National Bank of Ukraine welcomes visitors for global museum celebration

Tuesday, May 19, 2015 @ 4:05pm
By CISTran Finance Reports

The National Bank of Ukraine (NBU) opened the doors of its Money Museum to citizens on Monday, free of normal admission charges as a part of International Museum Day. read more »

Georgetown professor speaks on energy security in Ukraine

Tuesday, May 19, 2015 @ 2:10pm
By CISTran Finance Reports

During the annual meeting of the European Bank for Reconstruction and Development (EBRD), Professor of Government at Georgetown Thane Gustafson spoke about Ukrainian energy security, the EBRD reported on Monday. read more »

EBRD, BasisBank increase cooperation in Georgia

Monday, May 18, 2015 @ 4:58pm
By CISTran Finance Reports

The European Bank for Reconstruction and Development (EBRD) and BasisBank of Georgia announced Friday they have increased cooperative measures in the financing of $31.5 million into several sectors. read more »