Cistran Finance Exploring the Spirit of Capitalism's New Frontier

Sunday, July 23, 2017

FUIB gets top grade in deposit strength

The First Ukrainian International Bank (FUIB) announced that Credit Rating Agency awarded the bank a "grade 5" In deposit strength, the bank announced on Tuesday. The rating is the highest that the agency gives and it indicates that a bank or lender has stability and strength in its financial standing and has minimal if any vulnerability to negative external factors in the commercial,, economic, political and financial spheres. Read More »

Hydrolea CEO sees potential for growth in Georgia's hydropower industry

The European Bank for Reconstruction and Development (EBRD) published a personal account on Friday by Radoslav Dudolenski, CEO of Hydrolea, who said Georgia's hydropower industry is showing growth potential. Dudolenski is a Bulgarian native who came to Georgia at a time when decades of little development and investment left the Georgian energy sector unstable and prone to blackouts. Read More »

S&P gives Belarus B-/B sovereign credit ratings

Standard & Poor's (S&P) gave Belarus a rating of "B-" for long-term sovereign credit and a "B" for short-term sovereign credit, the international financial rating company said on Monday. The rating was awarded based on the Belarusian government's fiscal policy and its efforts at adapting to and weathering the turbulent regional economic climate. S&P also said the financial outlook for the country was stable. Read More »