Armenia's Ameriabank has announced the completion of the transaction for its purchase by the Bank of Georgia Group and a change of shareholders. The Armenian bank says on its website that its new shareholders are Bank of Georgia …
Two banks in Tajikistan - Amonatbonk and Dushanbe City Bank - continue to accept cards from the Russian Mir payment system, the banks’ call centers said. At the same time, Amonatbonk said to accept Mir payment cards issued …
Banks participating in Armenia's ArCa unified payment system ceased servicing Mir cards today. At the same time, Mir cardholders with any Russian banks still have access to key services within the VTB Armenia infrastructure, namely …
The majority of Armenian banks will no longer accept Mir payment cards as of March 30, a representative of VTB Armenia Bank …
The National Bank of Georgia said it was continuing its exit from a tight monetary policy by reducing the refinancing rate by 0.75 percentage points, down to 8.25%. The Bank said both domestic and external factors had contributed to …
In Russia, restrictions on the withdrawal of foreign currency remain. It has been in force for almost two years. Today, it has been extended for another six months by decision of the Central Bank.
The Asian Development Bank (ADB) and Credo Bank have signed a loan of 65 million lari ($25 million) to support onlending activities to …
The Banks Association of Türkiye received information and notified its member banks about the problems of exporters regarding payments with Russia
Turkey's state-owned banks continue to open accounts for Russian citizens, but if certain conditions are met, including a Turkish residence permit and a work …
Bank of Georgia confirmed it is in advanced talks with Ameriabank about a potential acquisition of the Armenian bank. According to the …
The savings of Russians kept in yuan have doubled over the year. The volume of loans in yuan has also increased. The yuan has surpassed the dollar in terms of the volume of funds in the Russian banking system.
The Turkish authorities continue to solve the problem of banks refusing to accept payments from Russian importers. According to sources, the problem has been successfully resolved in a number of industries, while others remain in limbo.
The European bank Santander, which is the largest bank in Spain, may start operating in Uzbekistan. Santander is ready to provide a loan of $500 million for investments in Uzbekistan.
State banks of Türkiye have partially begun to accept payments from the Russian Federation. Information is preliminary and obtained from sources.
Turkey's banks and other financial institutions will have to wait until 2025 to apply inflation-adjusted accounting to their balance sheets, the BDDK banking watchdog said. "It has been decided that banks, …
Kazakhstan's Eurasian Bank will be able to conduct operations in Uzbekistan now. The license of the credit organization was issued by the Central Bank of Uzbekistan.
President of Azerbaijan Ilham Aliyev has signed a law on amendments to the Law of the Republic of Azerbaijan "On Banks". According to the …
The Monetary Policy Committee of Georgia's National Bank decreased the refinancing rate by 0.5%, to 9.5%, following a “more pronounced” reduction in the domestic inflation rate than anticipated. The National Bank …
Azerbaijan's Central Bank (CBA) has lowered the benchmark interest rate from 8.5% to 8%. According to the CBA …
It is not worth waiting for a serious rise in the dollar before the end of the year, the head of VTB said. In his opinion, the exchange rate will remain at 90 rubles.
