(KYIV, UKRAINE) – The Deposit Guarantee Fund of Ukraine has transferred more than UAH 46 billion to the state budget. At the same time, the state has missed out on over UAH 1.7 billion because of actions taken by former owners of Ukrinbank, a commercial lender now in liquidation. TheContinue Reading
(KYIV, UKRAINE) – The National Bank of Ukraine set the official exchange rate for the US dollar at 44.83 Ukrainian hryvnia and the euro at 51.78 hryvnia for Tuesday, 11 August. The dollar rose by 8 kopiyok from the previous rate of 44.75 hryvnia on 10 August, while the euroContinue Reading
(KYIV, UKRAINE) – The National Bank of Ukraine introduced a large package of currency restriction relaxations from 11 August 2026, with the main focus on supporting households alongside important changes for businesses and the financial sector. The regulator said the measures do not create risks for exchange rate stability, givenContinue Reading
(Nairobi, Kenya) – Gross premium income for Kenya’s life insurance sector surged by 36.3 percent in the first quarter of 2026, driven mainly by a sharp increase in retirement savings channelled through private schemes from the National Social Security Fund. Data from the Insurance Regulatory Authority shows the industry collectedContinue Reading
(NAIROBI, KENYA) – A single shareholder now controls a 17.48 percent stake in Middle East Bank Kenya, regulatory filings show, placing the investor at the centre of strategic decisions at the Nairobi based lender. The holding makes the individual the largest investor in a bank originally founded by a DubaiContinue Reading
(LONDON, UK) – The cost of holiday childcare for school age children in Britain has risen to an average of £1,145 per child for the six week summer break, according to new data. This marks a 5 percent increase over the past year alone and means the financial burden onContinue Reading
(LONDON, UK) – A High Court judge has ordered Mitch Winehouse to pay nearly £1 million to two friends of his late daughter, the singer Amy Winehouse, following a failed legal claim over the sale of her belongings. Deputy High Court Judge Sarah Clarke KC ruled that Mr Winehouse mustContinue Reading
(KYIV, UKRAINE) – The official exchange rate of the Ukrainian hryvnia against the US dollar and the euro edged slightly stronger for Monday, 10 August 2026, according to data published by the National Bank of Ukraine. The central bank set the official rate for one US dollar at 44.75 hryvnia,Continue Reading
(WASHINGTON, USA) – The United States government has committed $201 million to launch the Trans-Caspian Entrepreneurship Fund, a vehicle designed to draw private sector investment into infrastructure along a trade corridor running through the South Caucasus and Central Asia. The announcement was made by Secretary of State Marco Rubio inContinue Reading
(KYIV, Ukraine) – Ukraine has established a new professional holiday for finance sector workers. The Day of Financiers will be marked each year on 11 July, following a presidential decree that took effect immediately upon publication. President Volodymyr Zelensky signed the decree on 31 July 2026. The official document, numberedContinue Reading
