On September 14-18, the National Bank sold $ 71 million in currency on the interbank foreign exchange market.
At the same time, the National Bank did not buy foreign currency in its international reserves during the reporting week. Therefore, the National Bank for the first time in the late July sold the currency on the interbank market to support the hryvnia.
Since the beginning of the year, the NBU has bought $ 4509.4 million worth of foreign currency on the interbank market and sold it for $ 3362.8 million. Net purchase of foreign currency by the National Bank since the beginning of the year was $ 1217.6 million.
The Supreme Court declared Astra Bank insolvent, the press service of the National Bank reports. By its decision, the Supreme Court overturned the decisions of the Kyiv District Administrative Court and the Sixth Administrative Court of Appeal, which found the central bank’s actions illegal. The NBU reminded that Astra Bank is the only bank that […]
The National Bank did not go out this week with interventions on the interbank market, according to the press service of the regulator on Friday, November 27. The Central Bank has been refusing to buy or sell currency for three weeks in a row. At the same time, since the beginning of the year, the […]
The fall of the hryvnia will not happen again in the event of a full lockdown, as in March, assured the director of the open markets department of the National Bank Oleksiy Lupin. “We do not expect a repeat of the March events in the foreign exchange market, because in March it was something new, […]
The court satisfied the claim of the state-owned PrivatBank to Agroterminal and decided to collect UAH 1 billion in debt from it as a guarantor of Boryvazh. This is stated in the decision of the Commercial Court of Odessa region. According to court materials, PrivatBank terminated the loan agreement due to the debtor’s breach of […]
The defining reason for the depreciation of the hryvnia against the dollar and the euro in the third quarter was the deterioration of business expectations. Deteriorating expectations created increased demand for the currency, which turned out to be higher than supply. This contributed to the devaluation pressure in the foreign exchange market in the III […]
In July-September 2020, Ukrainian banks closed 251of the structural subdivisions, reducing the regional network to 7329 branches by October 1. This is stated in the data of the National Bank. Most branches in the third quarter were closed by the state Oschadbank – 166, reducing its total number to 1931. During the same period, the […]
Before the fall of the economy in the second quarter of 11.4% led to strict quarantine restrictions and declining demand, as well as reduced investment. This is stated in the report of the National Bank. “The main factor in the deepening decline in GDP was expected to be a reduction in domestic demand. It is […]
In the second quarter of 2020, Ukraine’s gross external debt increased by $ 2.5 billion and amounted to $ 122.8 billion, according to the National Bank. In terms of GDP, debt increased to 78.8% from 75.1% at the end of the first quarter. At the beginning of the year the figure was 78.6%. “External debt […]
According to the State Statistics Service on January 1, 2017 it is registered in Ukraine 15 206 join – stock companies, among them there are 3 122 public companies. Despite the 25-year anniversary of the Ukrainian state, the national business has only recently started to rethink management system and effective implementation of global corporate governance […]
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The ABH Ukraine, Cyprus company said it would buy a 50% stake in the “Alfa Insurance” insurance company. Recently, the Antimonopoly Committee has permitted ABH Ukraine (Cyprus) to buy a 50% stake in the “Alfa Insurance” insurance company, according to the Antimonopoly Committee report. “It was given a resolution to the ABH Ukraine Limited company […]
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In the US, Democrats in the lower house of the Congress presented a package of the assistance to combat the effects of the epidemic COVID-19, valued at $ 2.2 trillion. It was reported by the Voice of America. The House Speaker, Nancy Pelosi, issued the letter stating that the bill “provides much-needed resources to protect […]
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The AMCU has fined the “Darnitsa” pharmaceutical company for more than 20 thousand UAH due to the violation of the law “On Protection of Economic Competition” in the form of the acquisition of 30% stake in the “Borshagovskyi CPP”, JSC (Kyiv) without relevant regulatory approval. This was reported by the press service of the AMCU. […]
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December 23, 2015, the representatives of the largest streaming service in the USA Pandora Media reported that the company absorbed the music service Rdio, which become bankrupt, for $ 75 million. The deal was approved by the judge on the bankruptcy. There were no competing bids for the purchase of service. Pandora now becomes the […]
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In Ukraine this year can begin flow the investment from Korea and China. It became known from the message of the investment portal InVenture. This development scenario is possible with the signing of an agreement on free trade zone with China. About potential investment operations notified Oleh Ustenko – Executive Director of the company, which […]
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The Tesla Motors will conclude the bargain with the Grohmann Engineering GmbH complex. The representatives of the American company which are engaged in a construction of electro cars intend to redeem 100% of the systems European developer shares for batteries release. They are going to close the deal until the end of 2017. The cooperation […]
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The last two years Oschadbank opened 500 branches in Ukraine. Twelve of them are adapted for people with disabilities. This information was published by the investment portal InVenture Ukraine. The most advanced Oschadbank branches are located in Kyiv, Odessa, Lviv, Kharkiv and Dnipropetrovsk regions. The Bank plans to continue to implement the modernization of branches […]
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The manufacturer of on-board cable systems is ready to increase the number of workers from 900 to 5000 people. A foreign investor, a manufacturer of cable networks for automobiles – Kromberg and Schubert has invested in the production of automotive components plant in Zhitomir € 10 million, and it plans to double its investment and […]
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The American company Cargill invests $ 100 million in the construction of a grain terminal in the Ukrainian Yuzhnyi sea port (Odessa region). This was announced by the Prime Minister, Arseniy Yatsenyuk at the signing ceremony of the investment agreement, which took place on Wednesday in the Cabinet of Ministers. “It’s been 7 months, and […]
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The investment project of the company with US capital Cargill of about $ 90-100 million is blocked. Alexander Kramarenko, the chief editor of the “Money” magazine, told about this in his blog “By what Ukraine scares foreign investors”. “Delta Bank and Cargill”. Cargill is an agricultural business with a century and a half of history, […]
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Polish investors headed by the Aviva Investors Poland bought more than 3% stake of the “Astarta-Kyiv” agro-industrial enterprise. This is stated in the issuer’s announcement on the Warsaw Stock Exchange site. According to the report, the Polish investment funds headed by the Aviva Investors Poland SA concentrated 3,002% of shares of Astarta Holding N.V. (Netherlands) – […]
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American JP Morgan Chase & Co. could pay the fine of nearly $ 1 billion in the connection with the US government’s investigation into the bank’s operations, reported Bloomberg. “JP Morgan Chase & Co. is preparing to pay nearly $ 1 billion due to the US government’s investigation of the market manipulations related to its […]
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Does Ukraine tend to the trends of world markets in the development of pharmacy networks? Is this business segment is highly refrained? How do it`s network profits are generated – at the expense of price indicators or through the expansion of the network in as many regions as possible? Statistics According to the consulting company […]
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China in addition to the purchase of the coal business in Australia, aims to get the appropriate transport infrastructure for the supply of its raw material in many corners of the world, reports Bloomberg. Acquisition of Australian Yancoal Australia Ltd. (which is a part of Chinese coal-mining giant Yanzhou Coal Mining Company), a controlling stake […]
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Shares of Pfizer decreased by 3.2% since the beginning of the year, fell by 1.65% on Tuesday after the company announced the results of the third quarter, which ended on September 30. Pfizer reported a 4% drop in earnings per share (compared to the same quarter in 2019) to $ 0.72, but this was slightly […]
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