IIB and Slovakia technical assistance fund completes pilot anti-money laundering project in Mongolia

bne IntelliNews September 6, 2018

A technical assistance fund jointly established by the Slovak Republic and the International Investment Bank (IIB) has successfully finalised its pilot project, the Moscow-based development bank said on September 5.

Mongolia’s growth to average 6% in 2019-2020, World Bank says

bne IntelliNews July 10, 2018

2017 was a good year for Mongolia, development bank says, citing favourable commodities prices that helped improve fiscal and external balances.

CEE/CIS economies at risk from high corporate indebtedness

Clare Nuttall in Bucharest June 13, 2018

EBRD economist highlights sharp rise in corporate indebtedness especially in foreign currencies, putting economies at risk from a currency depreciation or growth slowdown.

Eurasian commodities exporters at risk from China deleveraging

Clare Nuttall in Bucharest June 6, 2018

Rating agency Fitch forecasts Beijing's deleveraging efforts will slow Chinese GDP growth, with a negative impact on countries that supply the Asian economic giant with raw materials.

Eurasians come in from the (financial) cold

Clare Nuttall in Bucharest June 1, 2018

New data shows soaring numbers of adults with a bank account in several Eurasian nations but the percentage of the population with an account in the wider region varied hugely from 98% in Estonia and Slovenia to just 29% in Azerbaijan.