Banks operating in Lithuania, central credit unions, and central credit union groups will have to further strengthen their financial resilience and accumulate additional…
Due to high interest rates and housing prices, Russian mortgages have become the most unaffordable for Muscovites among all European cities. According to Numbeo’s calculations, in Moscow mo…
The Lithuanian branch of OP Corporate Bank, managed by Finland’s largest financial group “OP Pohjola” (formerly “OP Financial Group”), earned 7.6 million euros in profit in the first half of the year before…
Estonian capital bank “Bigbank” earned 17.5 million euros of net profit in the first half of the year – 6.4 percent less than in the same period last year, the bank announced on Thursday.
Hungary’s largest commercial bank, OTP Bank, has signed an agreement for the acquisition of Luminor – the third largest banking group in the Baltics. If the transaction is approved by supervisory…
SEB bank is expanding its artificial intelligence-based customer service solutions and has implemented a voice bot that will help customers to complete urgent tasks faster outside business hours…
The Bank of Russia has been selling gold from its reserves for the sixth consecutive month to cover the federal budget deficit, which reached almost 6 trillion rubles (67 billion…
It was announced on Monday that Hungarian commercial bank “OTP Bank” signed an agreement with a consortium of funds from US private equity fund management company “Blackstone” and “DNB Bank” due to…
The largest Hungarian commercial bank “OTP Bank”, which is acquiring “Luminor”, the third largest banking group in the Baltic States, has 2 million customers in Russia, where it provides retail…
Lithuanian capital Urbo Bank raised another 3.14 million euros in the second stage of bond distribution – funds intended to strengthen the bank’s capital base, increase financing volumes and…