NBU declares Diamantbank insolvent
The National Bank of Ukraine (NBU) on April 24 recognized Diamantbank (Kyiv) insolvent, according to the central bank's website.
Head of National Bank: I completed my mission fully
Governor of the National Bank of Ukraine Valeria Gontareva announced that she sees a "real professional but not politician" in this position if she resigns. She said this in an interview to Ukrinform.
Russia forbids money transfers to Ukraine through international payment systems
State Duma adopted the law in the third reading that limits money transfers from Russian Federation to foreign countries using international payment systems, reports Interfax.
Donbas blockade’s influence on Ukraine’s currency to be minor, - NBU
The temporary ban on cargo transportation across the delimitation line in Donbas has a limited influence on Ukrainian currency, hryvnia, according to the National Bank of Ukraine. This was stated in the message on NBU official site.
All Ukrainian banks owned by Russia put up for sale
During a broadcast on the Inter TV channel, Acting Deputy Governor of the National Bank of Ukraine Kateryna Rozhkova reported that all the banks with state-owned Russian capital in Ukraine have been put up for sale.
NBU suggests that NSDC bans Russian state banks' subsidiaries from executing any financial transactions in favor of their parent banks
The National Bank of Ukraine (NBU) has suggested implementing the National Security and Defense Council (NSDC) decision by banning the Ukrainian subsidiaries of Russian state-owned banks from moving capital outside Ukraine.
Ukraine's foreign reserves rise by $15 mln since year-start
Ukraine’s international reserves increased by 0.1%, to $15.460 billion, in February, the National Bank of Ukraine wrote on its website.
Growth of Ukraine's GDP accelerates to 4.7% in Q4, 2016
The growth of Ukraine's gross domestic product (GDP) in the fourth quarter of 2016 compared to the same period of 2015 accelerated to 4.7% compared to 2% in the third quarter, according to the State Statistics Service.
Finance Ministry expects London Court to deliver its judgement on Yanukovych debt in April
Ukrainian Ministry of Finance expects that London court will deliver the decision on Yanukovych debt in April. This was reported at the press-conference by Oleksandr Danylyuk, the Ukrainian Finance Minister.
Deputy NBU chief: dialog with PrivatBank's eurobond holders could start
The National Bank of Ukraine (NBU) could start dialog with holders of eurobonds of nationalized PrivatBank (Dnipro), Deputy NBU Governor Kateryna Rozhkova has said.
NBU by its decree sets new maximum sum of cash payments for individuals in order to stimulate cashless settlements
The maximum amount of cash payments for individuals from January 4, 2017 has been reduced in three times, from UAH 150,000 to UAH 50,000, the National Bank of Ukraine (NBU) introducrd the corresponding changes by its decree No. 407, which has been posted on its website.
Ukraine's Finance Minister: Ukraine raised $1 billion from the eurobonds placement procedure against U.S. guarantees at the lowest rate in Ukraine's history
Ukraine's Finance Minister Oleksandr Danyliuk announced arrival of one billion dollars in Ukraine's account from the issue of eurobonds against U.S. guarantees" he wrote on Facebook on Thursday, September 29. has been transferred to Ukraine's accounts.
Credit Suisse has identified four crunch points that could bring about another crisis in Europe
These 4 things could trigger the next crisis in Europe - Credit Suisse
Valeriya Hontareva: National Bank expects to receive the next tranche from the IMF in late August
National Bank expects to receive the next IMF tranche in August
Fitch Ratings has affirmed Ukraine's Long-Term Local Currency IDR at 'CCC'
The issue ratings on Ukraine's Long-Term senior unsecured Local Currency bonds have also been affirmed at 'CCC'. The Short-Term Foreign Currency (STFC) IDR has been affirmed at 'C' and a new Short-Term Local Currency (STLC) IDR of 'C' has been assigned, according to the Fitch Ratings press release.
President of Ukraine Petro Poroshenko has signed the law on financial restructuring
The law regulates the procedure for restructuring operating businesses' debts owed to banks, according to a post on the Ukrainian parliament's website.
Ukraine is seeking investors for a majority stake in Odesa Portside Chemical Plant
Ukraine is seeking investors for a majority stake in Odesa Portside Chemical Plant (OPP), the country’s biggest ammonia factory, in an effort to fill its dwindling coffers, according to Bloomberg.
'It’s still impossible to restart economic growth' - Putin
Russia’s President Vladimir Putin has made a speech at the St. Petersburg International Economic Forum (SPIEF). In particular, he noted that there still were structural problems in the global economy.
Russian state-owned banks decided to leave Ukrainian market
Due to current political situation Russian state-owned banks are seeking to sell their subsidiaries in Ukraine. Thus, Sberbank, VTB and Vnesheconombank are going to leave Ukrainian market. According to some sources, Sberbank has held negotiations on sale of its 'daughter', but they were unsuccessful. But one source notes that the bank is still seeking a buyer.
New leak from 'Panama papers' reveals where 'Putin’s friends' and brother keep their money
Journalists’ disclosure of the latest documents from the "Panama Papers" confirmed that President Vladimir Putin’s cousin Igor and politicians and oligarchs from his closest company had new offshore accounts.
Panama Papers: Journalists presented list of 2,000 Russian offshore owners
The site, where the database of Panama Papers will be presented, contains info about 2229 Russians linked to offshore companies. These data have been collected for several years.
Mass Media: Preet Bharara will investigate the case of "Panama Papers"
Everybody has recognized the schemes of tax evasions with the names of world leaders after the scandalous publication of the so-called "Panama Papers”. US Justice Department has launched a criminal investigation.
A group of experts finds that, after leaving the EU, the UK would face an invidious choice: sign up to the single market’s rules, or suffer economic damage
London has considered three possible scenarios after the Britain’s exit from the European Union. UK Ministry of Finance argues that the exit from the EU would lead to 6% drop in UK GDP.
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