OTP Bank, OTP Credit mergingInterfaxKyiv, May 22 (Interfax-Ukraine) – Kyiv-based OTP Bank and OTP Credit, whose core business is consumer crediting, are to merge, according to OTP Bank CEO Tamas Hak-Kovacs. "We plan, and I believe, that it – the merger of OTP Credit with OTP Bank - will ...and more »

Ukraine's Central Bank Lowered Reserve Level, Kommersant SaysBloombergUkraine's central bank lowered the amount of required reserves banks hold on a special account at the central bank during one month to 50 percent from 60 percent, Kommersant-Ukraine newspaper reported, citing documents it obtained.and more »

TEXT-S&P rates Ukrainian Railways 'B-'; outlook positiveReutersThe positive outlook primarily reflects our opinion that if Ukrainian Railways is successful in extending its debt maturity profile, either through medium-term bank loans or bonds, it could relieve some of the refinancing risk that weighs on the rating ...and more »

ForUmNBU governor: State debt of Ukraine down to 36% of GDPForUmYesterday, May 21 head of the National Bank of Ukraine Serhiy Arbuzov and representatives of IMF European department held a working meeting, ForUm learned from the press office of NBU. During the meeting NBU governor noted that cooperation with IMF ...and more »

Ukraine Bank Reserve Rules Are Credit Positive: Moody'sBusinessWeekBy Zoe Schneeweiss on April 30, 2012 A planned change in reserve rules for banks in Ukraine are credit positive for the lenders, according to Moody's Elena Redko. “On April 18, the National Bank of Ukraine, the country's central bank, declared its ...and more »

EU parliament set to adopt resolution on homophobiaTheParliament.comBy Martin Banks - 22nd May 2012 MEPs from across the political divide say they are increasingly concerned by cancelled gay pride marches around Europe and laws criminalising public support for gay and lesbian rights. Amid mounting evidence of violent ...and more »

MEPs set to debate Tymoshenko case during Strasbourg plenaryTheParliament.comBy Martin Banks - 21st May 2012 MEPs are set to debate the plight of former Ukraine premier Yulia Tymoshenko during this week's plenary in Strasbourg. EU enlargement commissioner Stefan Fule is also expected to make a statement to MEPs on the ...

Novinite.comErste's Treichl Banks on Romanian Turnaround `Very Soon'Bloomberg18, making it one of the worst performers of the 43-member Bloomberg Europe Banks and Financial Services Index, which declined 2.1 percent. Poland, Ukraine Treichl, 59, who over the past 15 years led an expansion that made Erste the biggest bank in the ...Erste CEO: Bulgaria in Our Long-Term Plans OnlyNovinite.comall 2 news articles »

Minfin of Ukraine may place Eurobonds in MayCbonds. InfoIn the last month, state-owned banks have contributed to around half of the total borrowing by MoF. Given the tough financing conditions, the government will be eagerly looking into making a Eurobond issue. The USD 1.5bn placement had been planned for ...

Modernisation of Moldova's energy infrastructureThe FINANCIALThe Moldovan transmission network is connected to Ukraine and Romania and strengthening links with the European electricity system is one of the country's high priorities. While there has been progress in liberalisation of Moldova's power sector, ...