The European Bank for Reconstruction and Development (EBRD) is providing $110 million in new funds to Turkish lender Akbank to finance private companies investing in...

The African Development Bank (AfDB) has given the green light to a $135 million loan to launch the second phase of an energy project expected to provide power to about...

The Nordic Investment Bank has signed a €45 million loan deal with electricity producer Landsvirkjun for the construction of a geothermal power plant in Husavik,...

Russian state-development bank Vnesheconombank (VEB) is to set aside more money to cover bad debts linked to the 2014 Sochi Olympics. It will restructure more than 200...

The European Bank for Reconstruction and Development (EBRD) has agreed a €10 million investment to help improve the transport system in Pristina, the capital of...

Investors Harith General Partners (Harith) and Africa Finance Corporation (AFC) have joined forces to create an energy entity combining both renewable and...

The Nordic Investment Bank (NIB) has signed a deal with Norwegian grid operator Statnett to partly finance a new power line. The €106 million loan was allocated...

Dutch development bank FMO has appointed Thessa Menssen, chief financial officer and member of the Executive Board of Royal BAM Group, as a new member of its...

The International Finance Corporation (IFC) has agreed a $20 million loan deal with Lebanese banking group Fransabank to increase its lending to businesses looking to...

Lending platform Funding Circle has announced a "landmark transaction" to bring securitisation to the peer-to-peer market. German development bank KfW and...

The European Bank for Reconstruction and Development (EBRD) is to provide an investment package of $250 million in two tranches, including one to help develop the...

The first ever Intra-African Trade Finance and Payment Systems Conference held in Abidjan has urged African development finance insitutions to forge partnerships in a...

The Islamic Development Bank, which is expanding its financing activities, will sell sukuk bonds in the Malaysian market this year after a three-year hiatus.

The Development Bank of Latin America (CAF) has issued a $1.25 billion bond - its largest this year. The three-year bond, which has a 2% interest rate, will finance...

KfW, the German development bank, has signed a €137.5 million loan agreement to finance power grid improvements in Bangladesh. It is the highest KfW low-interest...

Development banks have to take on the currency risk of projects which are needed to fill Asia's $8 trillion infrastructure gap, a director at Germany's KfW...

The Inter-American Investment Corporation (IIC), the private sector investment arm of the Inter-American Development Bank (IADB), is going through a self-described...

The rescue of struggling shippers and shipbuilders by the Korea Development Bank (KDB) and Export-Import Bank of Korea (Kexim) could spark a trade dispute with Europe,...

The Government Development Bank for Puerto Rico has agreed a tentative restructuring deal with some creditors - after declaring it would skip a $422 million debt...

The Asian Development Bank (ADB) and China-led Asian Infrastructure Investment Bank (AIIB) have agreed to co-finance a $300 million highway project in Pakistan. It...