During 2022-2023, the National Bank of Ukraine paid UAH 19.5 million (about US$520,000) for equipment and parts from the German company Oerlikon Balzers Coating, whose largest shareholder is sanctioned Russian oligarch Viktor Vekselberg.
Ukraine’s National Bank (NBU) plans to kickstart Ukraine’s accession to the Single Euro Payments Area (SEPA) in 2024, chairman Andriy Pyshnyi wrote on Facebook.
The state-owned Oschadbank has unveiled an initiative to deliver financial services in frontline territories using state-of-the-art armored vans equipped as mobile bank branches, the bank said in a press release on Dec. 7.
Ukraine expects in December a positive decision by the Executive Board of the International Monetary Fund (IMF) on the second review of the Extended Fund Facility (EFF) arrangement and the third disbursement of at least $900 million, Governor of the National Bank of Ukraine Andriy Pyshnyy has said.
(Reuters) -Two of Canada's big six banks beat expectations for quarterly earnings on Thursday, as Royal Bank of Canada benefited from a rebound in dealmaking and Canadian Imperial Bank of Commerce made smaller-than-expected loan provisions. At RBC, the country's largest lender which has been cutting costs through layoffs and other measures, the boost to its capital markets unit offset a surge in provisions for credit losses (PCLs) to C$720 million in the fourth quarter from C$381 million a year earlier. "Excluding severance charges, it was a clean beat," National Bank analyst Gabriel Dechaine said.
(Reuters) -Two of Canada's big six banks beat expectations for quarterly earnings on Thursday, as Royal Bank of Canada benefited from a rebound in dealmaking and Canadian Imperial Bank of Commerce made smaller-than-expected loan provisions. At RBC, the country's largest lender that has been cutting costs through layoffs and other measures, the boost to its capital markets unit offset a surge in provisions for credit losses (PCLs) to C$720 million in the fourth quarter from C$381 million a year earlier. "Excluding severance charges, it was a clean beat," National Bank analyst Gabriel Dechaine said.
Ukraine's Sixth Administrative Court of Appeal overturned the decision of lower courts, confirming the legality of PrivatBank's nationalization and ruling it cannot be regained by its former owners, the National Bank of Ukraine said on Nov. 15.
The National Bank of Ukraine has halved – from 180 to 90 days – the deadline for settlements for export transactions of 12 product groups from the so-called agricultural section 1-24 of the Ukrainian foreign activity codes, carried out from November 11, 2023.