Lehman Brothers handed
Lehman Brothers handed shots
The London branch of investment business of VTB headed by a former manager of the investment bank Lehman Brothers Herbert Moos. Foreign banks due to continued losses forced en masse to reduce staff, but it allows Russia's investment company to save on highly qualified specialists in human resource crisis in the domestic market, experts say.
Yesterday, VTB Bank Europe, the London office of investment business of VTB, announced the appointment of Herbert Moos CEOs. As explained by the Managing Director of VTB Capital, "Olga Podoinitsyn, Mr. Read the rest of this entry »
Posted by admin under rates of banks | Permalink | No Comments »Canadian dollar rose
Canadian dollar rose in response to data on employment growth in Canada
Statistics Canada reported Friday that in August the number of jobs in the national economy increased by 59,4 thousand jobs and the unemployment rate fell to 7.5%, compared to 7,6% in July. Number of new jobs far exceeded the forecasts of economists, who, on average, according to a poll Reuters, expected to 18,5 thousand. Two days before the appearance of data on employment, on Wednesday, the Bank of Canada decided to leave unchanged its key interest rate, which currently stands at 2.75%. Read the rest of this entry »
Posted by admin under active operations of the bank | Permalink | No Comments »has been renamed
"Bank NRB-Ukraine" has been renamed to "Bank NRB"
Shareholders included in the group means "the Bank NRB-Ukraine" at a meeting on September 12 decided to rename the financial institution to Bank NRB ".
Reports the chairman of board of bank Vladislav Kravets.
"This is a technical procedure associated with changes in the regulatory framework NBU.
More stringent requirements on display to the right to use the word "Ukraine" in the name of the bank. Since we are the formal features can not keep this word in the title, we decided to remove (it) from the title, "- he said.
Shareholders of the Bank have made to the charter of the financial institution accordingly.
Reference: As reported, "NRB-Ukraine", registered in the form of a closed joint stock company is a subsidiary of Russia's National Reserve Bank (NRB).
Net assets of NRB-Ukraine "on July 1, 2005 amounted to 714.04 million hryvnia, the credit portfolio – 466.3 million hryvnia, own capital – 98,1 million hryvnia.
For 2004, the bank received a net profit of 9.402 million hryvnia.
Posted by admin under Interbank deposits | Permalink | No Comments »Ukrsotsbank Analysts do
Ukrsotsbank Analysts do not expect a significant negative impact on the profitability of the banking business
The Friday data on the labor market in the U.S. markets are frankly disappointed – they were the worst for the last 4 years, confirming the course of the recession of the world's largest economy. And if so, experts say Ukrsotsbank should expect and reduce corporate profits and stock price.
"I will enter the world market shares in the protracted bearish trend, we are unlikely to know soon. But the chances are extremely high," – say financiers. Read the rest of this entry »
Posted by admin under characteristic banks | Permalink | No Comments »Finance and Credit
"Finance and Credit" examines the ten projects under the new mechanism of NBU refinancing
"Finance and Credit" examines ten innovation and investment projects of long-term lending under the new mechanism of NBU refinancing totaling $ 250 mln.
It is assumed that part of the projects will be implemented long-term lending bank itself, part – through the establishment of a bank consortium with one or more banks. Projects will be implemented in the Odessa, Nikolaev, Poltava, Kyiv and Rivne regions and aimed at long-term lending industry. Projects are aimed at ensuring orders engineering enterprises of Ukraine. Read the rest of this entry »
Posted by admin under active operations of the bank | Permalink | No Comments »MasterCard International reports
MasterCard International reports continuing strong growth performance in the second quarter
Company MasterCard International reported on the impressive performance in the second quarter and first half of 2005. The active growth of the total turnover in U.S. dollars and the volume of purchases was caused by a significant increase in the cost of cardholders around the world, as a consequence the company has successfully pursued a strategy focused on customer billing system.
During the second quarter of 2005 holders of cards with the logo of MasterCard (not including Maestro ° and Cirrus °) made 4.8 billion transaction. Read the rest of this entry »
Posted by admin under Opening Bank | Permalink | No Comments »The credit portfolio
The credit portfolio of corporate clients of bank "Forum" is more than 6 billion UAH
As of September 10, 2007 On the credit portfolio of corporate clients' joint-stock commercial bank "Forum" reached 6 101.6 million UAH, including 3.1 billion UAH falls on the Kiev branch and metropolitan offices.
Since the beginning of the portfolio of corporate clients of the bank increased by more than 1.8 billion UAH.
Forum Bank offers services in the field of lending more than 1,5 thousand corporate clients.
Today, Forum Bank offers a range of services for business finance: project finance, investment loans, loans to replenish working capital line of credit, overdrafts, loans to buy commercial real estate, cars and much more.
Reference: Joint Stock Commercial Bank "Forum" was created in 1994, and is part of the largest banks in Ukraine. Read the rest of this entry »
Posted by admin under Commercial Bank | Permalink | No Comments »Inprombank intends to
Inprombank intends to reduce the UV 6 million to 43.6 million hryvnia
Innovation and Industrial Bank (Inprombank) intends to reduce the authorized capital of 6 million hryvnia to 43.648 million hryvnia. This is stated in the message Inprombank, the text of which have Українськi News. According to the report, the shareholders Inprombank intend to cancel 600 thousand shares with a nominal value of 10 hryvnia per share. The report said that such a decision due to the association Inprombank (Kiev) and the Ukrainian bank trade cooperation (UBTS), in consequence, to UBTS as a successor of the assets and liabilities transferred shares previously repurchased from shareholders Inprombank. Read the rest of this entry »
Posted by admin under Commercial Bank | Permalink | No Comments »Central Bank of
IMF: Central Bank of Russia should focus on the monetary strategy
CBR should focus more on monetary strategy, whereas now he was too busy with the regulation of the national currency – is the view expressed at today's press conference, Deputy Managing Director, International Monetary Fund, Anne Krueger, reported Vedomosti. She noted that currently the Bank of Russia has to solve multiple problems. "Russia's Central Bank carries out regulatory and supervisory functions and, at the same time, trying to cope with the huge influx of petrodollars," – said Krueger.
Deputy Director of the IMF also suggested that Russia's economy would be better to maintain a moderate correlation between income and expenditure budget, rather than maintain a level of surplus, which is observed in the present. "Russia's economy is growing very rapidly, then it will be unlikely to grow even faster," – said Krueger. Read the rest of this entry »
Posted by admin under directory of banks | Permalink | No Comments »UkrSibbank will prodazhu
UkrSibbank will prodazhu biennial Bonds nA 300 million UAH on September 19
Commercial bank UkrSibbank, in terms of assets included in the ten largest in Ukraine, September 19, 2005 will begin selling its two-year interest-bearing bonds totaling $ 300 million hryvnia ($ 59.4 million), at par, stated in the prospectus.
Bank plans to issue one series in the 300,000 registered interest bonds nominal value of 1,000 hryvnia. Attracted funds UkrSibbank plans to expand lending programs for individuals and legal persons and other active operations.
Issuer has provided the following information about the loan:
Series:
Size: 300,0 million oz
Sales: 19 September-22 noya05
Repayment: 17 sen07
Yield: 10,0% (for the whole period of treatment)
Interest on these debt securities will be paid quarterly: December 19, 2005 March 20, June 19, September 19, December 18, 2006, 19 March, 18 June, 17 September 2007.
Information: UkrSibbank was registered in 1991. Read the rest of this entry »
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