The key condition is that Oschadbank's management, operational and financial performance are changed The European Bank for Reconstruction and Development (EBRD) is prepared to buy a stake in Ukraine's largest state-owned bank, Oschadbank, provided change
The European Union is raising the pressure on global banking regulators to ease proposed capital rules in an effort to protect lenders and the economy from major new costs.(Bloomberg)
New World Bank report named both Gulf countries in top 10 most improved for adopting reforms to make it easier for SMEs to do business The UAE and Bahrain have been named among the world's top 10 most improved economies for adopting reforms that make it e
Since 2011, the European Investment Bank (EIB) has invested in Cyprus €1.3 billion, or approximately €260 million per year, said the EIB Vice-President Jonathan Taylor. He added that one of the reasons that Cyprus has not participated in the so-called Jun
We are delighted to announce that the Oneworld Group (http://www.oneworldweb.net) has acquired the Freemont Group (http://www.freemontgroup.com).Oneworld is a leading fiduciary and business services group head-quartered in Cyprus for over 30 years, provid
Emirates NBD on Wednesday launched the bank’s pilot blockchain network for banking services, a first for any private sector entity in the United Arab Emirates (UAE). This was accomplished after it successfully completed a proof of concept blockchain netwo
