All news related to CIS

Armenian Central Bank issues collector coin on 30th anniversary of Commonwealth of Independent States

01.10.2021 13:37

Armenian Central Bank issues collector coin on 30th anniversary of Commonwealth of Independent States

YEREVAN, October 1, /ARKA/. The Central Bank of Armenia has put today into circulation a silver collector coin “30th Anniversary of Commonwealth of Independent States.”

The Commonwealth of Independent States (CIS) is an intergovernmental union founded on December 8th of 1991 under an Agreement on the establishment of the CIS by the leaders of Belarus, Russia and Ukraine. In view of the shared history of the peoples and friendship they enjoyed, taking into account the intention of the countries to develop their relations on the basis of mutual recognition and respect for state sovereignty, the parties had agreed upon the formation of the CIS.

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Fitch ratings: Russian and CIS banks pressured by coronavirus and oil price slump

26.03.2020 19:05

Fitch ratings: Russian and CIS banks pressured by coronavirus and oil price slump

The economic pressures resulting from the spread of the coronavirus and the lower oil price are credit negative for banks in Russia and neighbouring markets, and could result in negative rating actions, Fitch Ratings says. Fitch has revised banking sector outlooks to negative for seven of the eight markets it covers in the region – Russia, Ukraine, Kazakhstan, Armenia, Azerbaijan, Belarus and Georgia. The banking sector outlook for Uzbekistan remains stable

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FDI flows to CIS and Georgia contracted in 2018 by 36 per cent to $27 billion, UNCTAD report says

17.06.2019 10:29

FDI flows to CIS and Georgia contracted in 2018 by 36 per cent to $27 billion, UNCTAD report says

Global foreign direct investment (FDI) flows slid by 13% in 2018, to US$1.3 trillion from $1.5 trillion the previous year – the third consecutive annual decline, according to UNCTAD’s World Investment Report 2019

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Fitch Ratings: CIS banking risks remain despite authorities' actions

16.04.2019 18:23

Fitch Ratings: CIS banking risks remain despite authorities' actions

Fitch Ratings says key risks have materialized in different CIS banking markets and, in some cases, remain sources of vulnerability

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CIS banks’ credit profiles hurt by weak corporate governance, while in Armenia this is less noticeable – Moody’s

19.03.2019 22:16

CIS banks’ credit profiles hurt by weak corporate governance, while in Armenia this is less noticeable – Moody’s

Banks in the Commonwealth of Independent States generally have weaker corporate governance than peers in other regions and this is harming their credit profiles

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Unibank Privé named best private banking and wealth management private bank in CIS

20.12.2018 17:29

Unibank Privé named best private banking and wealth management private bank in CIS

Unibank Privé was named the Best Private Banking and Wealth Management private bank in CIS by SPEAR’S Russia Wealth Management Awards 2018

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Moody’s: CIS companies' 2019 outlook is stable on continuing GDP growth and supportive oil prices

13.12.2018 17:24

Moody’s: CIS companies' 2019 outlook is stable on continuing GDP growth and supportive oil prices

The outlook for non-financial companies in the Commonwealth of Independent States (CIS) for 2019 is stable, Moody’s Investors Service said in its annual outlook on the region

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Moody’s: loan concentration remain high at CIS banks, a negative for lenders

20.09.2018 18:08

Moody’s: loan concentration remain high at CIS banks, a negative for lenders

Loan books and deposit bases at banks in Russia and other members of the Commonwealth of Independent States (CIS) will continue to be highly concentrated on a small group of large corporates

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New money transfer service is available to holders of VTB Bank (Armenia) cards

15.12.2017 16:04

New money transfer service is available to holders of VTB Bank (Armenia) cards

A new service launched by the Russian VTB Group enables customers of any Russian bank to make instantaneous money transfers to the banking cards of VTB’s subsidiaries

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Mutual investments in Eurasian Economic Union on the rise

22.08.2017 15:13

Mutual investments in Eurasian Economic Union on the rise

Recent data indicate that, despite the economic contraction observed in the Eurasian Economic Union (EEU) member countries in 2016, their mutual investments have already started growing

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