Savings in Romania’s banks increased from 81.1 billion euros at the end of 2019 to 90.4 billion euros at the end of 2020. Speaking to Emerging Europe, Alexandru M. Tanase says both the National Bank of Romania and the commercial banks should...
Tag - Banking
Lithuania makes it easy for fintech innovators to set up shop in the country. The secret is close collaboration between government, the national bank, and private firms...
Silent Eight, a Polish-founded technology company using artificial intelligence (AI) to combat money laundering and terrorism financing, has completed a new round of...
Early investors and employees of Estonian fintech start-up TransferWise have sold 319 million US dollars worth of shares in a deal that now values the money transfer...
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...
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...
