Nova Ljubljanska Banka (NLB), Slovenia’s largest lender, has been given the nod by the European Commission (EC) to sell a first tranche of shares (equal to at least 50...
Tag - Financial Services
Moldova’s socialist president Igor Dodon said on August 9 that he will promulgate a controversial law which allows for an amnesty of all undeclared income and...
The European Investment Fund (EIF) has signed a microfinance guarantee agreement with ALTUM, Latvia’s state-owned development institution. The agreement, which...
A legislative initiative to align Moldova to the Global Magnitsky Act was registered on Thursday, July 26, just hours before the closure of the latest legislative...
French bank Société Générale has officially announced that 99.74 per cent of its Bulgarian assets (held in Société Générale Expressbank) have been bought by DSK Bank...
The European Commission has approved the acquisition of mobile operator Telenor’s assets in central and eastern Europe by the Czech PPF Group, having found that...
The European Investment Fund (EIF) and Bank Polska Kasa Opieki (Bank Pekao) have signed a COSME agreement that will allow the bank to provide 1.2 billion zlotys (around...
I first arrived in Ukraine more than 20 years ago, when I was transferred to Lviv for about nine months to lead one of IFC’s first advisory projects in support of the...
Over the past few years, FinTechs have been intentionally accustomising us to independence since this is a great way for companies to reduce the cost of customer...
Virtual currencies and blockchain technology have a lot of potential. They are not of systemic importance yet, but are rapidly evolving. At this stage of the innovation...
Private equity firm J.C. Flowers and Co and the European Bank for Reconstruction and Development (EBRD) have completed the acquisition of Piraeus Bank Romania (PBR), the...
In June, Georgia went through yet another wave of political changes. Prime Minister Giorgi Kvirikashvili resigned amid disagreement with some his fellow Georgian Dream...
Moldova was the poster-child of the Eastern Partnership during 2013-14. Since them, much time has passed and the mesmerising attraction of its political class has almost...