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News
12 September 2016

EBRD covers Poland's Arctic paper €30m loan

The European Bank for Reconstruction and Development (EBRD) is providing the Polish papaer producer Artic Paper with a €30m loan to finance investment in energy...

News
08 August 2016

IFC provides funding for Panama LNG project

The International Finance Corporation (IFC) has completed a $150 million financing package for the construction and operation of Central America's first integrated...

News
05 August 2016

World Bank criticised over changes to lending rules

The World Bank has been accused of betraying vulnerable populations in the world's poorest countries amid huge changes to the social and environmental rules that...

News
05 August 2016

EBRD agrees loan for solar plant in Jordan

The European Bank for Reconstruction and Development (EBRD) has agreed a $39.2 million senior secured loan to solar energy developer Fotowatio Renewable Ventures to...

News
05 August 2016

ITFC launches programme to boost Indonesian coffee exports

The International Islamic Trade Finance Corporation (ITFC) has joined forces with the Indonesian Coffee Exporters and Industries Association to transform the...

News
05 August 2016

Takehiko Nakao re-elected as ADB president

Takehiko Nakao has been unanimously re-elected as president of the Asian Development Bank (ADB) by its board of governors. He will serve a further five years from...

News
04 August 2016

FMO, Rabobank, Norfund unite to boost growth in Africa

FMO, Norfund and Rabobank have joined forces to form Arise - a company to reaffirm their commitment to development in Africa. The partners hold stakes in several...

News
04 August 2016

AFD boosts renewable energy in Kenya

The Agence Francaise de Developpement (AFD) has agreed a €33 million financing deal to support the installation of solar photovoltaic units and wind turbines in...

News
04 August 2016

Fitch affirms ADB at AAA

The Asian Development Bank's (ADB) long-term foreign and local currency default ratings have been affirmed at AAA with a stable outlook by Fitch.

News
03 August 2016

Egypt seeks $12bn IMF funding

Egypt is seeking $12 billion funding over three years from the IMF - but Fitch Ratings says implementation risks are high and the country will continue to face several...

News
02 August 2016

KDB agrees loan with Canadian tungsten group

The Korea Development Bank (KDB) has agreed a letter of commitment for a six-year CAD $57.9 million loan with Canadian tungsten group Almonty Industries for the build...

News
01 August 2016

IFC commits up to $200 million to Emerging Asia Fund

IFC, a member of the World Bank Group, has committed up to $200 million to the IFC Emerging Asia Fund (EAF), which this week reached a first close. IFC is joined by...

News
29 July 2016

FMO successfully issues Zambian Kwacha bond

FMO has issued its inaugural offshore Zambian Kwacha bond, which fits FMO's stategy to promote local currency business.

News
29 July 2016

Chinese banks face assest-quality risks due to rapid growth

The rapid pace of growth in Chinese bank leverage since 2008, which has contributed to economic imbalances and decreasing credit efficiency, poses significant...

News
06 July 2016

EBRD increases support for Greek oil and gas group

The European Bank for Reconstruction and Development (EBRD) is stepping up its support for Greek's Energean Oil & Gas with an additional $20 million loan. The...

News
05 July 2016

BNDES approves loan for wind projects

BNDES, Brazil's state development bank, has approved a $109 million loan to support the development of four wind farms in Ceara state, in the north-east of the...

News
04 July 2016

EBRD supports Albanian electricity group modernisation

The European Bank for Reconstruction and Development (EBRD) has agreed a €218 million loan to Albanian electricity generator Korporata Elektroenergjitike...

News
01 July 2016

EBRD supports expansion of solar energy in Cyprus

The European Bank for Reconstruction and Development (EBRD) is providing €10 million in debt financing for the construction, development and operation of five...

News
30 June 2016

EBRD finances Turkish renewable energy projects

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...

News
30 June 2016

AfDB loan to provide power to 1.5m Kenyans

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...