#AceFinanceNews KIEV May 05 #AFN2014

#AceFinanceNews – KIEV – May 05


Kiev will use the first portion of the International Monetary Fund (IMF) loan for augmenting its gold and currency reserves in order to stabilize the financial situation in the country, National Bank Chairman Stepan Kubiv said

#international-monetary-fund-imf, #kiev

` Ukrainian Raiiffeisen Bank Aval International Temporarily Closes its Doors in Donetsk and Luhansk Regions ‘

#AceFinanceNews – MOSCOW – May 05 – Ukraine’s Raiffeisen Bank Aval, a subsidiary of Raiffeisen Bank International, has temporarily closed branches in Ukraine’s eastern Donetsk and Luhansk regions, the bank said on Monday( Itar-tass) reported.

“Three branches of Ukraine’s Raiffeisen Bank Aval in the Luhansk region and 22 branches in the Donetsk region have been closed down temporarily on May 5,” Leonid Zyabrev, a spokesman for the bank said, adding that customers could access their money from cash machines and could still use their credit cards.

Earlier, Ukraine’s biggest bank, Privatbank, also halted operations in the Donetsk and Luhansk regions, saying the situation in eastern Ukraine posed a threat to staff safety.

The bank said its clients could access their accounts via the Internet and mobile devices, use their cards in shops and make cashless transactions at self-service terminals.


#donetsk, #luhansk, #moscow, #ukraines

` Authorities of the Chinese Government Fined 652 Companies for Breaching Environmental Regulations ‘

#AceFinanceNews – BEIJING – May 05 – Authorities in the Chinese capital fined 652 industrial facilities for breaching environmental regulations in the first four months of the year as it stepped up efforts to fight pollution.

Beijing’s air quality has come under intense scrutiny since January last year, when heavy smog settled over the city to the alarm of its residents.

Premier Li Keqiang in March promised a “war on pollution” as the Chinese government seeks to address environmental issues that sparked complaints across the nation.

Beijing’s Environmental Protection Bureau handed out fines totalling 14.5 million yuan ($2.3 million) over the first four months of the year.

The Beijing Yueju Heating Company received the biggest fine of 200,000 yuan for manipulating emissions data for one of its coal-fired boilers.

The measures were taken after heavy smog settled over the city in January last year. Premier Li Keqiang in March promised a “war on pollution.”

Reuters – China cn – RT


#beijing, #chinese