Russians withdraw hundreds of billions of rubles from banks every month, as fear for the economy, payment disruptions, and declining trust in the financial system force more and more people to keep…
It has become common to pay for purchases or services by card, phone, or smartwatch, so cash is used less and less in everyday life. However, completely their…
After raising interest rates in June, the Governing Council of the European Central Bank (ECB) decided on Thursday not to change any of the three main interest rates.
Analysts warn that the Japanese yen appears to be inevitably weakening, and authorities will find it difficult to reverse this trend as the exchange rate against the US dollar has reached…
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.
As summer rolls into its second half, some residents are still planning their holidays, while parents with school-aged children are already starting to think about the upcoming school year. The latest „…
After many companies submitted their financial statements for the past year to the Centre of Registers, trends emerged showing how the country’s entrepreneurs fared last year. The Centre of Registers performed…
After Neset Kockar, a Turkish tourism businessman and shareholder of Novaturas, one of the largest tour operators in the Baltic States, acquired almost all of the new company’s…
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…