One of Georgia’s two largest banks, TBC, last month announced plans to open a subsidiary – JSCB TBC Bank – in Uzbekistan. The announcement comes as TBC, founded in 1992, continues to look for areas in which to expand, and as Uzbekistan...
Tag - Banking
Coronavirus has had an immense impact on a range of industries, of which the digital banking sector is not the least. However, in parallel with the difficulties it has...
Foreign investors in Hungary will have to apply for a special permit in order to acquire more than 10 per cent of local companies deemed strategically important. In a...
A banking crisis in Azerbaijan deepened this week when four of the country’s largest banks – Atabank, AGBank, NBCBank, and Amrah Bank – were taken into...
On April 10, the euro group agreed on a 500 billion euros rescue package that made the Bulgarian government regret that it had decided to delay its plans to join the...
There has been a major shake up in the Serbian banking sector with the state selling off its shares in Komercijalna Banka Beograd (KBB) to the Slovenian banking group...
The Baltic States have again been confirmed as the most vibrant fintech hubs in emerging Europe. According to the Global Fintech Index City Rankings, a report published...
Hungary is tightening its relations with China, after signing a strategic cooperation agreement with the Industrial and Commercial Bank of China (ICBC). “With its total...
Dimitar Radev, the head of the Bulgarian National Bank and Koba Gvenetadze (pictured above), the governor of the National Bank of Georgia have once again been named...
The European Central Bank (ECB) will test five Croatian banks, Zagrebačka Banka, Privredna Banka Zagreb, Erste & Steiermärkische Bank, OTP Banka Hrvatska and...
Hungarian banking group OTP purchased 96.69 per cent of the shares of Moldovan bank Mobiasbanca Groupe Societe Generale, consolidating its role of the biggest and most...
Twisto, a multi-currency card with a credit option, is now set to expand into Poland in October, and Romania soon after. Twisto is the creation of Czech Michał Šmída...
