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Latvia’s PrivatBank works as usual – financial watchdog
Latvia’s PrivatBank is working as usual and there is no special customer activity observed after the Ukrainian government made an announcement on nationalization of Ukrainian’s PrivatBank, the Latvian Finance and Capital Markets Commission (FCMC) said LETA. …read more Source: The Baltic...
UPDATED: Regulator watching Latvia’s PrivatBank
Latvia’s financial regulator, the Financial and Capital Markets Commisison (FKTK) said December 19 it was monitoring the situation following the announcement that Ukraine was nationalizing its largest retail bank, PrivatBank. …read more Source:...
[Ticker] Russia and Nato still in ‘profound disagreement’ on Ukraine
Nato head Jens Stoltemberg said the alliance and Russia still had “profound disagreements” on Ukraine, where Nato says Russia illegally snatched Crimea and continues to destabilise east Ukraine. He spoke after meeting Russia’s Nato envoy at a Nato-Russia Council. The meeting also discussed Afghanistan, Russia’s risky air...
[Ticker] EU extends Russia sanctions
The EU has formally extended the duration of economic sanctions on Russia by six months until 31 July 2017, citing Russia’s non-compliance with the so-called Minsk ceasefire accord in Ukraine. The move comes after a weekend in which Russia-controlled forces killed six Ukrainian soldiers in east Ukraine. Russian PM Dmitry Medvedev said...
Ukraine defends nationalization of biggest bank
Ukrainian Deputy Prime Minister Stepan Kubiv defended the emergency nationalization of the country’s largest bank Monday, saying the takeover was transparent and based on international valuations. The takeover of Privatbank is certain to prompt debate because one of its main owners, the oligarch Ihor Kolomoisky, has clashed repeatedly...
[Ticker] EU hails ‘courageous’ Ukraine bank rescue
EU foreign relations chief Federica Mogherini welcomed Ukraine’s decision to nationalise its largest lender, Privatbank, as a “bold and courageous move” at a press conference in Brussels on Monday. Ukrainian economy and trade minister Stepan Kubiv, also in Brussels, assured depositors that their money was safe. The bank, said to...
Ukraine’s biggest lender PrivatBank nationalised
Ukraine’s biggest commercial bank, PrivatBank, is nationalised in a move aimed at preserving “financial stability in the country”. …read more Source:...
Ukrainian government to nationalize PrivatBank
On Sunday, 18 December, Ukrainian government acquired 100% of shares in PrivatBank, which happened after Ukrainian Central Bank requested temporary state monitoring over PrivatBank. …read more Source: Baltic News...
Ukraine army ‘repulsed rebel attack’ near Debaltseve in east
Ukraine says its army repulsed an offensive by pro-Russian rebels near Debaltseve in the east. …read more Source:...
5 Ukrainian soldiers killed in fighting in eastern Ukraine
…read more Source:...



