Bank
Bulgaria's Deposit Insurer Signs EUR 300 M Loan Deal with EBRD
The European Bank for Reconstruction and Development will extend a loan of EUR 300 M to the Bulgarian Deposit Insurance Fund (BDIF) under a deal signed in Sofia on Thursday.
World Bank OKs Loan to Bulgaria's Deposit Insurance Fund
The World Bank has said it approved on Friday a EUR 300 M loan to the Bulgarian Deposit Insurance Fund (BDIF).
The 10.5-year loan has a grace period of six years.
Katselli rules out deposits haircut and banks recapitalization
President of Hellenic Bank Association and National Bank Luca Katselli ruled out the possibility of a deposits haircut and a new banks recapitalization.
“Greek systemic banks just came out from a successful recapitalization process … and offer a very strong capital base,” she reassured on Sunday in an interview with Kathimerini newspaper.
India banks will chase liquor baron for 'every penny': Minister
Indian banks will strive to recover "every penny" from a beleaguered liquor baron who left the country owing more than $1 billion, the finance minister said on March 17, as warnings sound over a mounting bad debt problem.
Piraeus Bank head cautiously optimistic about economy
Talking to German newspaper ‘Borsen Zeitung’, Greek banker Michalis Salas expressed his optimism that Greece was now in a better position to pay off its debts to the ECB.
Bulgarian C-bank Discussing Reform Agenda with EU Envoys
Reforms in governance and banking supervision at Bulgaria's central bank have been discussed at a meeting of its governor Dimitar Radev with the heads of missions of EU Member States and the delegation of the European Commission in Sofia on Tuesday.
EBRD approves EUR 30mn loan for SMEs via Komercijalna Bank
The European Bank for Reconstruction and Development (EBRD) has approved a 3-year-EUR 30 million loan to Komercijalna Banks (bank), it has been announced.
The bank will then on-lend the money to small and medium-sized enterprises in Serbia.
Iran calls for full access to international banking, sees UK role
Iran needs full access to the international banking system, the chief of staff to President Hassan Rouhani said on March 10, adding that London has an important role to play following the lifting of sanctions.
"Domestic non-banking entities to provide payment service"
Dragana Stanic says she hopes Serbia would soon get its first electronic money institutions, the so-called "Serbian paypals."
The director of the National Bank of Serbia (NBS) Payment System Department noted on Wednesday that currently these services are offered only by banks and post offices.
Erdo?an vows to continue fight against 'interest rate lobby'
President Recep Tayyip Erdo?an has repeated his opposition to higher interest rates and vowed to continue fighting against the "interest rate lobby," speaking on Feb. 26 at the opening ceremony of Vak?fbank Participation Bank, Turkey's sixth Islamic lender.