EBRD extends loan to Akbank to boost lending to Turkish businesses
The EBRD has continued its efforts to support Turkish businesses struggling as a result of the Covid-19 pandemic by providing a new $75 million loan to Akbank. The DFI Is...
The EBRD has continued its efforts to support Turkish businesses struggling as a result of the Covid-19 pandemic by providing a new $75 million loan to Akbank. The DFI Is...
Asian Infrastructure Investment Bank (AIIB) made its concept decision on the $489 million Khorezm and Karakalpakstan water supply and sanitation brownfield project in...
Solar Frontier Capital and d.light have established Brighter Life Kenya 1 (BLK1), a $65 million receivables financing platform. The off-balance sheet financing vehicle...
The Bulgarian Development Bank is to buy up to 70% of the capital increase by First Investment Bank (Fibank). Fibank will issue 40 million new shares to cover a capital...
The IFC has proposed an additional $87 million investment package for Yoma Micro Power. Proceeds will fund the construction of micro solar power plants for off-grid...
The Asian Infrastructure Investment Bank (AIIB) has priced its debut renminbi-denominated sustainable development bond in the China Interbank Bond Market (CIBM). The RMB3...
The Inter-American Development Bank (IADB) has priced a new $4 billion five-year global benchmark. The issue pays a semi-annual coupon of 0.625% and matures on July 15...
Peter van Mierlo will be stepping down as CEO of FMO. The development bank's supervisory board has asked van Mierlo to stay for another three months in an advisory...
The EBRD has extended a $25 million loan to Armenia's InecoBank to back the country's Covid-19 response. The funds will primarily support SMEs in Armenia's...
Ukraine-based Baryshevska Grain Company (BGC) has raised a commitment from the EBRD for up to €7 million of additional debt to support its working capital needs. In...
Asian Development Bank (ADB) has signed a $17.7 million 12-year loan that will part finance the 35MW Spectra Solar Park (SSPL) project – a joint venture between...
The World Bank has priced a C$1.5 billion ($ 1.1 billion) global benchmark bond maturing on 2 July 2025. The five-year issue pays a semi-annual coupon of 0.75% and has an...
The ADB has raised a locally denominated $7.5 million equivalent bond. Although denominated in local currency, the 'nomad' 21 billion Mongolian Torog (MNT) bond...
Nordic Investment Bank (NIB) has signed a SEK210 million ($22.8 million) 30-year loan for Transitio AB to part fund acquisition of 12 new passenger trains for the...
On June 4 BNDES approved a BRL3 billion ($620 million) credit line to support ethanol storage, an industry that has been hard hit by lack of demand. The credit line has a...
The EIB has signed three financing agreements with Egypt amounting to €122.7 million ($138.77 million). The first agreement, worth €120 million, will finance...
The Asian Infrastructure Investment Bank (AIIB) has agreed to co-finance a $750 million loan to the Philippines. The loan, which has a maturity period of 12 years with a...
The African Development Bank (AfDB) has approved a $1.2 million grant to the Ethiopian government for a feasibility study into a standard gauge railway link between...
The UK's CDC Group has partnered with African venture capital firm Novastar Ventures to back Ghanaian healthcare company mPharma. The company reduces the cost of...
Kumppanuuskoulut Oy – an SPC sponsored by YIT (20%) and Meridiam Investments II (80%) – has signed a 20-year construction and service agreement with the City...