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Russian central bank provides $51.1mn at forex repo auction MOSCOW: The Russian central bank said on Thursday it had provided $51.1 million at its first one-week dollar repo auction. The repo was provided at an average yield of 2.1207 percent. The auction was the second to be held under a scheme to provide up to $50 billion in foreign currency repos to banks to offset a shortage of foreign currency liquidity. On Wednesday, the central bank provided $201.2 million at its first 28-day dollar repo auction. Copyright Reuters, 2014 ...

Banking shares pull Lisbon stocks down more than 3.0pc LISBON: Portuguese banking shares fell sharply during trading on Thursday, pulling the overall Lisbon stock index down more than 3.0 percent on renewed concern about the eurozone economy, traders said.In mid-day trading, the main PSI 20 stock index was down 3.14 percent to 5,034.22 points, as banking shares in Greece also slumped.Shares in BCP bank, the only Portuguese bank to fail eurozone stress tests on Sunday, tumbled 5.75 percent to 0.086 euros.Meanwhile shares in rival ...
Indonesia's Bank Central Asia posts 18 pct rise in 9-month profit to Sept JAKARTA: Indonesia's biggest bank by market value, PT Bank Central Asia Tbk, on Thursday reported a rise of nearly 18 percent in net profit for the nine months ended September. The lender posted net profit of 12.2 trillion rupiah ($1.01 billion), up 17.7 percent from the year earlier period. Loans grew 10.6 percent on the year to 330.7 trillion rupiah, while combined net interest income and non-interest income grew 22.9 percent, the bank said at ...
China's AgBank Q3 net profit up 6pc, bad loan ratio rises SHANGHAI/HONG KONG: Agricultural Bank of China Ltd (AgBank),the country's third-largest lender by market value, reported a 6 percent rise in third-quarter net profit, slightly below analysts' estimates. The last of China's five biggest listed banks to report quarterly earnings, AgBank followed the others in showing a rise in its non-performing loan ratio as the country's economic slowdown hurts borrowers. Net profit rose 6 percent to 48.4 billion yuan ($7.92 billion) in the quarter, according to ...
Deutsche Bank to help ECB run ABS purchase plan FRANKFURT: Deutsche Bank is one of several financial firms chosen by the European Central Bank to help carry out its plans to buy asset backed securities, two people familiar with the situation said on Thursday. The ECB plans to buy asset-backed securities, which repackage loans, later this year as part of a wider programme to stimulate the euro zone economy. Germany's Manager Magazin Online reported earlier on Thursday that Deutsche Bank was one of four ...
Russian central bank says minimum rate at 1-wk fx repo auction to be 2.1207pc MOSCOW: The minimum interest rate at a dollar repo auction to be held later on Thursday will be 2.1207 percent, the Russian central bank said in a statement.The bank has previously said that the auction will be for one-week repos with the volume limited to $2 billion. This follows an auction for 28-day dollar repos on Wednesday.Copyright Reuters, 2014 ...
Danske Bank beats forecast, lifts full-year profit guidance COPENHAGEN: Danske Bank reported third-quarter pretax profit above expectations on Thursday and raised its full-year profit guidance.The bank, Denmark's biggest by market capitalisation, said that pretax profit rose to 4.5 billion Danish crowns ($762 million), above the mean forecast of 4.24 billion crowns in a Reuters poll of analysts.The pretax profit figure is an increase of nearly 100 percent year on year, thanks to lower impairment charges, growth top line and flat costs. Danske Bank ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln