banks

Russians pull most money from banks since 2022 outflow in August

Funds held by Russian households in banks fell by 107 billion rubles, about $1.27 billion, in August, marking the biggest outflow since the autumn of 2022, according to Russian central bank data cited by The Moscow Times on Sept. 22.

23 September, 05:48 PM

Banks block bail payments for Stolar and Mudra in high-profile corruption probe

Key suspects in the “Forrest Gump” anti-corruption investigation – lawmaker Vadym Stolar and former Deputy Chief of Staff Iryna Mudra – have been unable to post bail because banks are blocking their payments, news outlet ZN.UA reported on September 21, citing sources.

22 September, 01:33 PM

PrivatBank reports technical failure affecting payments and transfers

Ukraine’s state-owned PrivatBank is experiencing a technical failure affecting payments and transfers, according to its message posted on Telegram on Sept. 15.

15 September, 12:55 PM

Russia’s allies crack down on cash ruble deposits as EAEU banks tighten rules

Eurasian Economic Union (EAEU) banks have begun implementing stricter rules on cash Russian ruble deposits since early June, Russian business daily Kommersant reported on July 1.

1 July, 02:35 PM

EU may sanction 90 Russian banks in 21st package

The European Union plans to propose its 21st sanctions package against Russia on June 10, targeting the country’s banking and cryptocurrency sectors in an effort to increase the risk of a banking crisis, Reuters reported, citing an EU diplomatic source.

9 June, 06:19 PM

UniCredit moves to exit Russia with sale of local unit

UniCredit said it had signed a nonbinding preliminary agreement to sell part of its Russian subsidiary to a private investor in the United Arab Emirates, according to a statement released by the Italian banking group on May 7.

7 May, 12:18 PM

Polish fintech buys insolvent PIN Bank

Polish fintech company ZEN.com has become the owner of the insolvent First Investment Bank (PIN Bank), Ukraine’s Deposit Guarantee Fund said on April 20.

20 April, 08:28 PM

SBU nabs Kyiv bank employee for passing military data to Russia

Ukraine’s SBU Security Service detained a 40-year-old employee of a Kyiv commercial bank who is suspected of passing personal data of Ukrainian soldiers and volunteers to Russian special services, the SBU reported on Feb. 9.

9 February, 04:06 PM

Financial oversight body warns against hiking bank tax

Ukraine’s interagency Financial Stability Council concluded that raising the corporate profit tax for banks to 50 percent in 2026 poses significant risks to the financial system and key economic sectors, and could yield far smaller revenues than projected.

5 November 2025, 10:37 PM

JSC Bank Sich assets to be sold at Prozorro.Sale auctions

Prozorro.Sales will hold repeated auctions of assets from JSC Bank Sich, which is being liquidated, the Deposit Guarantee Fund announced on Feb. 18.

12 February 2025, 02:55 PM

Kazakhstan banks shun Russian clients

Four Kazakh banks have suspended issuing cards to Russian citizens, independent Russian newspaper The Moscow Times reported on Jan. 29.

29 January 2025, 10:19 PM

Russian oil loses grip on Indian market, banks reject payments

Indian banks have begun blocking payments for Russian-origin oil following the Joe Biden administration's "farewell" package of sanctions on Russia's energy sector, EnergyIntel reported Jan. 20.

22 January 2025, 10:48 AM

Tigipko's TAS group signs deal to acquire Polish-owned Idea Bank

TAS Group has signed a deal to acquire Idea Bank, according to a statement by the company's owner, Serhiy Tigipko, during the Kyiv International Economic Forum on Nov. 7.

7 November 2024, 06:30 PM

IMF warns Ukraine’s profit tax on banks risks financial stability

A 50% corporate profit tax on bank profits for the second year in a row contradicts the nature of a windfall profits tax, Trevor Lessard, the International Monetary Fund’s (IMF) Deputy Division Chief for Ukraine, said in an interview with Interfax-Ukraine in Washington published on Nov. 4.

4 November 2024, 09:27 AM

Banks hold liquidity but businesses struggle to get loans: finding solutions in Ukraine

How can banks and businesses strengthen their relationship?

16 October 2024, 11:48 AM

Foreign banks block payments from Ukrainian companies' registered in temporarily occupied oblasts — NBU

Foreign banks often do not figure out where exactly Ukrainian company is registered - whether the territory is Ukraine-controlled or not - and block payments to all, the NBU reported on its website on Aug. 6.

7 August 2024, 02:13 PM

Architect of Putin’s palace becomes top manager of Russia’s largest bank

Russia’s Sberbank appointed Lanfranco Cirillo, known as the architect of Putin’s palace near Gelendzhik, as senior vice president, creating a new Construction block for this role, Interfax reported on Aug. 1.

2 August 2024, 01:28 PM

Ukrainian HUR conducts cyber attack on Russian Central Bank

Cyber specialists of the Main Intelligence Directorate of the Ministry of Defense of Ukraine (HUR) attacked Russian Central Bank, which financially supports Russian war against Ukraine, a source in the Ukrainian intelligence service told NV on July 29.

29 July 2024, 04:39 PM

Indian banks face US sanctions risk over Russian military collaboration

Indian banks collaborating with Russia's military-industrial complex risk losing access to the U.S. financial system, a recent warning from U.S. Deputy Secretary of the Treasury Wally Adeyemo stated, The Economic Times reported on July 24.

26 July 2024, 03:32 PM

Central Asian banks reject Russian payments, disrupting transactions

Banks in Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan are increasingly refusing to accept funds from Russian companies, according to a review of the activities of fuel and energy sector transportation companies Digital FEA, GTL, and Logita Trade, The Moscow Times reported on July 25.

26 July 2024, 01:24 PM

banks

1
2