The principles of open banking have been in force in the EU for over a year, but the availability of open banking services is still low. However, the philosophy of open banking is being adopted by more and more countries, and...
Next year Ukraine will have to incur a huge debt in order to make ends meet. However, there are fewer and fewer creditors willing to provide it with the necessary financing. In the draft budget for 2021 the Ukrainian government...
“The measures undertaken by NBP during the pandemic have helped to limit the fall in GDP in Poland this year and will support the recovery in activity in 2021. According to NBP experts the easing of monetary policy will...
“NBP analyses show that despite the huge scale of the shock during the pandemic, the losses and the uncertainty, the banking system as a whole is functioning and will function in a stable manner,” assured the President of NBP...
Bank of Russia, the country’s central bank and key financial regulator, wants to change Russia’s anti-money laundering laws in order to have more decision-making power over which companies can be deemed risky from a...
Trillion euros in corporate and household NPLs in Europe is too much for the banking sector to regain profitability and effectively power the economy.
Thanks to economic growth, the banking sector in Central and Southeastern Europe is seeing profits. This is helped by the fact that in some countries banks have already dealt with restructuring bad loans.
Russian banks, subject to sanctions in the West, have found a safe haven in Ukraine, a country at war with Russia.