EWUB

AcronymDefinition
EWUBEast-West United Bank (Luxembourg)
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References in periodicals archive ?
The upgrade of MTSB's VR to 'b' from 'b-' mainly reflects the recent moderation of asset quality risks due to adequate provisioning of most legacy problem exposures and tighter underwriting of newly issued loans, and a reduction of contingent risks stemming from MTSB's former subsidiary bank, East-West United Bank (EWUB), which was sold to Sistema and de-consolidated from MTSB in May 2017.
Regulatory capitalisation, although supported by the disposal of the equity investment in EWUB, which had previously been deducted from MTSB's regulatory capital, is rather tight.