Banks

The Bank of Russia will oblige banks to assess the risks of unauthorized payments on cards and accounts

The total volume of potential problems of the Russian banking sector at the moment is more than 4 trillion rubles, follows from the materials of the Fitch rating Agency for the conference "Forecast on the macroeconomic situation and the banking sector".

The European Central Bank (ECB) for the first time showed samples of new banknotes in denominations of €100 and 200, which decided to issue May 28, 2019.

The profit of the Russian banking sector in January - August 2018 decreased by 9.6% and amounted to 901 billion rubles compared to the same period 2017, according to a press release of the Bank of Russia. 

The London Court lifts the arrest from the assets of  Ananyev brothers. Their assets includes shares of Vozrozhdenie Bank. The defendants have submitted money as security of debt.

Mongolia’s economic growth will remain solid in 2018 and 2019, albeit with slight moderation, following a strong performance in 2017 as coal exports and mining investments strengthened, according to a new ADB report.

The Philippines’ economic growth is expected to sustain its quick pace in 2018 and 2019 as the government’s infrastructure program is rolled out, says a new ADB report.

AlBaraka complete distributing US$60.33 million to the shareholders

ADB today signed a $1 million grant agreement with the Government of Papua New Guinea to help fund priority early recovery activities following a 7.5 magnitude earthquake, which struck Hela Province on 26 February.

ADB's Board of Directors has approved a total of $36.6 million in grants to help fund the delivery of low-cost, high quality internet service in the Federated States of Micronesia, Kiribati, and Nauru.

ADB's Board of Directors has approved a $90 million grant as additional financing for the rehabilitation of a 40-km road to improve connectivity between Dushanbe and Kurgonteppa and enhance highway network safety.

This contributes to further optimisation of Rabobank’s balance sheet and stimulates lending to Dutch SMEs.

Energy bills for companies across Greece will be reduced by new energy efficiency investment backed by a new EUR 100 million initiative by the EIB and Piraeus Bank.

ADB's Board of Directors has approved $100 million in additional financing to extend and expand the scope of its Supply Chain Finance Program (SCFP).

ADB today signed facilities of a total of $250 million in loans to Arctic Green Energy Corporation and Sinopec Green Energy Geothermal Company Limited to expand environmentally sustainable district heating services in the PRC.