The 8th International Banking Forum is in full swing over two days in Baku, Azerbaijan. Executive Director of the Azerbaijani Central Bank Vusal Khalilov said the implementation of green taxonomy in Azerbaijan will establish a robust …
Turkey and Russia continue trade in national currencies and they can similarly pay for gas, a source in banking consulting in Ankara said when asked to comment on the situation with U.S. sanctions on Gazprombank, TASS reported. …
US sanctions against Gazprombank may leave Türkiye without Russian gas. The Turkish authorities are seeking exemptions from these restrictions to continue using the Russian bank for gas payments.
Italy, Argentina, Egypt, Indonesia, Uruguay has warned its clients about possible issues
Today, banks in Turkey, the UAE, Thailand, Hungary, Vietnam, Germany, Kazakhstan, Qatar and China have stopped servicing UnionPay cards issued by Russian Gazprombank. The issue has been observed across both state banks …
The board of the Armenian Central Bank has decided to reduce the refinancing rate by 25 basis points to 7.25% per annum, the bank said. …
The Bank of Russia may raise the key rate to 20% to return to 4% inflation.
Today, it has been decided to slightly reduce the refinancing rate in Armenia. In this way, the Armenian Central Bank intends to increase the availability of loans and stimulate demand.
Georgia's banks have resumed servicing the Zolotaya Korona payment system, President of the Banking Association of Georgia Alexander Dzneladze …
The Bank of Russia set the official dollar rate at 92.6592 rubles for August 13, up 2.71 rubles against the previous indicator. The official euro rate was increased by 3.87 rubles to 100.559 rubles. The official yuan rate is fixed at …
Russia's largest lender Sberbank opens new tab will raise its market mortgage rates to a minimum of 20% from August 6, according to Sberbank's …
Cashless payments should be freely available in the North Caucasus Federal District
The Russian Deputy Prime Minister, Alexander Novak, said that the investment flow to the Caucasus regions from Russian financial institutions has increased. According to him, "they have turned their attention to the region".
An anti-fraud center will open in Kazakhstan soon. The system will block suspicious transfers and return them to the senders if the fraud is confirmed.
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Azerbaijan’s economic growth to 3.1% in 2024 (from the 2.4% it …
Egyptian banks expect that the Mir system will be introduced in the country this year. The works are now underway on the technical side of the issue.
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 …
