Tag: banks
EU, Eastern countries leave Soviet-era international banks
(Finance) – Poland, the Czech Republic, Bulgaria, Slovakia and Romania they decided to abandon two international banks created in the Soviet era to promote economic cooperation among its members and…
Russia’s central bank cuts banks’ minimum reserve requirements
(Finance) – The Bank of Russia he decided to reduce the mandatory reserve ratios of banks starting from March 3, 2022 for release more money to customers and businesses at…
the European Union excludes seven Russian banks from the Swift system
Economic sanctions against Russia coming to fruition. The European Union has decided to disconnect seven Russian banks from the Swift international financial system. A decision effective from March 12 but…
EU Commission evaluates the list of banks excluded from SWIFT
(Finance) – The EU continues to study the perimeter for the exclusion of Russian banks from the SWIFT system, as part of the sanctions imposed on Moscow for illegally invading…
Bank of Italy announces end of support measures for banks against Covid crisis
(Finance) – The Bank of Italy announces the end of some measures cocesse to banks for the calculation of capital ratios with the aim of overcoming the crisis caused by…
Swift, waiting to hear about names of sanctioned banks
(Finance) – Swiftthe global messaging system for banks at the center of sanctions on Russia, said it was talking to “the authorities for understand which entities will be subject to…
Swift: Bruno Le Maire announces the exclusion of Russian banks from Swift, what impact?
SWIFT. Economy Minister Bruno Le Maire announced the disconnection of many Russian banks from the Swift banking system. The freezing of all the assets of the Russian central bank has…
Russia, central bank: conditions changed dramatically, liquidity in banks
(Finance) – “Le conditions for the Russian economy have changed dramatically. The new sanctions imposed by foreign states have led to a significant increase in the ruble exchange rate and…
EU banks, rate expectations untouched by Ukraine. Well positioned
(Finance) – The geopolitical tensions in Ukraine have heavily impacted the performance of the stock market European banksbut having avery limited direct exposure he Russia and Ukraine continue to maintain…
EU sanctions hit Putin’s inner circle, his propaganda machinery and banks financing the war industry
The EU sealed its sanctions against Russia yesterday in response to Russia’s decision to recognize the separatist regions of eastern Ukraine. The EU has today sealed the sanctions against Russia…