The country’s largest bank saw its share price slump more than 15 per cent on Wednesday after the passage of the foreign agents law
Understanding sanctions circumvention risk is complex and time consuming, say global and regional banks
There may be ‘imperfections’, but MDB says it only work with banks complying with sanctions
Georgia’s foreign agents bill and offshore law are ‘not in the right direction’
New sustainability framework has increased investor trust
Risk transfer instruments can free up Basel III capital for banks active in emerging markets, says IFC managing director
The greatest growth was seen by foreign-owned subsidiaries facing pressure to exit the Russian market
Performance is likely to remain strong, provided interest rates and immigration remain high
Closer alignment with the EU is set to boost economic prospects further
Odile Renaud-Basso calls for Ukraine’s wider integration with the EU
Oleksandr Pysaruk, CEO of Raiffeisen Bank in Ukraine, discusses the challenges the bank faced following the Russian invasion
After Alexei Navalny’s death, Washington is reiterating its threat to target foreign banks over ties to Russia’s war effort
The EBRD announces a new CSO steering committee to improve engagement, but its human rights due diligence is still seen as inadequate
Banks in the country will lose the ability to generate sufficient levels of capital.
The country’s financial institutions are working on consolidating the role of cash and the requirements for access to it with a law that would take effect in January 2025.
The CEO of UniCredit Bulbank and deputy head of UniCredit Italy talk about how UniCredit is advancing its digital transformation in Italy and Bulgaria.
Polish and Czech banks dominate the top 10 based on Tier 1 capital, with Hungary’s OTP Bank pipping PKO Bank Polski to first spot this year.
Being put on the FATF greylist means domestic lenders may struggle to maintain correspondent banking relationships and access external finance.
Ukraine’s central bank governor tells us how the bank is helping keep the lights on, even as Russia targets Ukraine’s energy infrastructure.
The future government will face three major economic challenges: a marked slowdown in growth, a deterioration in budget deficit and an increase in credit risk.