Banks

VEB selects first finalist candidates for regional certified manager positions

According to the results of the first half of the year, First Ukrainian International Bank (FUIB) increased the amount of cash loans by 70% compared to the same period in 2016

To help parents prepare for new school season Ukrsotsbank and Alfa-Bank Ukraine offer cash loans for school shopping at a special discount up to 22%.

Sberbank releases Financial Highlights for 7M 2017 (under RAS; non-consolidated)

Net interest income increased by 6.4% compared to 7M 2016 and came at RUB683.6 bn, mainly due to the decrease in interest rates on clients’ funds and an increase in the retail loan portfolio.

ADB has raised $1.25 billion to help finance climate change mitigation and adaptation projects with the issue of dual-tranche 5-year and 10-year green bonds. 

United Community Banks, Inc. (NASDAQ:UCBI) (“United”) has completed its merger, effective July 31, 2017, with Myrtle Beach, South Carolina-based HCSB Financial Corporation (OTCQB:HCFB) (“HCSB”).

This amount is in addition to the more than EUR 2bn the EU bank has provided to the region since 1989 with the aim of driving economic growth and job creation via projects concerning roads, water supply and sanitation, hospitals, the environment and other areas.