Banks

Net profit was RUB 15.6 billion (4 times increase year-on-year) in October 2017 and RUB 90.9 billion (2 times increase year-on-year) in 10M 2017 versus net profit of RUB 3.9 billion in October 2016 and RUB 38.0 billion in 10M 2016.

ADB's Board of Directors has approved a $45 million loan to help improve the quality of rural primary healthcare services in Uzbekistan.

The cooperation will allow Monobank to provide deposit products via the Raisin internet platform to European private individuals, hereunder predominantly to the residents of Germany, France, Austria and Spain.

Bond yields in emerging East Asian markets rose between 1 September and end-October as the global economy entered its most robust period of synchronized growth since the Global Financial Crisis, according to a new ADB report.

Russia’s VTB Capital, one of Russia’s biggest gold traders, aims to more than double sales of the precious metal to China next year, its global commodities chief said, after import curbs forced it to cut its target for this year

ADB has appointed Mukhtor Khamudkhanov as new Country Director for Nepal.

Paraguay will boost its rural sector competitiveness by improving road conditions Route 9 with a US$160 million loan approved by the IDB

The International Air Transport Association (IATA) and the African Development Bank (AfDB) have signed a memorandum of understanding (MoU) to establish a framework for collaboration to boost the aviation sector in Africa.

ADB and the Government of Indonesia today have signed a memorandum of understanding (MOU) to partner up in promoting public-private partnerships (PPPs) in the transport sector.

Sberbank CIB, the corporate and investment banking business of Sberbank, has opened a 10 billion rouble credit line for PSN Group for 3.5 years.

ADB's Board of Directors has approved a $50 million loan to help sustain access to and quality of pre-primary, primary, and secondary education in Mongolia.

The transaction used the IBM Blockchain Platform on the basis of HyperLedger Fabric.

ADB and Lao PDR signed an agreement on 13 November for a $10 million grant as additional financing for a project that will enhance Lao PDR’s sanitary and phytosanitary (SPS) capacity.

Afghanistan President Mohammad Ashraf Ghani witnessed the contract signing of two ADB-financed energy projects which will help Afghanistan boost energy supply, improve energy security and efficiency, and promote cross-border trade in energy.

Limerick’s economic resurgence took another giant step forward today as the EIB confirmed a record commitment for an urban Ireland investment programme for the city.