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News
22 February 2018
in
Social infrastructure

IWAI appoints KPMG to advise on Jal Marg Vikas Project

The Inland Waterways Authority of India (IWAI) has appointed KPMG to develop an asset management and operation framework for capacity augmentation of navigation on the...

News
22 February 2018

Port of Rotterdam signs agreement for waste-to-chemical facility

A consortium of Air Liquide, AkzoNobel Specialty Chemicals, Enerkem and the Port of Rotterdam have agreed to develop a €200-million waste-to-chemistry facility in...

News
22 February 2018

EIB and Raiffeisen Leasing join forces to boost SMEs

The European Investment Bank has signed an intermediated loan agreement of €30 million with Raiffeisen Leasing Bulgaria to finance projects of small and medium-sized...

News
22 February 2018

EDB: Member states' economic growth to speed up to 2.2% in 2018

Eurasian Development Bank (EDB) analysts forecast positive economic growth in the lender's member states and a 2.2% increase in the region's GDPs in 2018. In...

News
22 February 2018

New Romanian Development Bank to focus on SMEs and projects

The draft bill for the creation of the Romanian Development Bank has been approved by the Senate. The lender is set to focus on financing small and medium-sized...

News
21 February 2018

IsDB set to issue largest Sukuk for $2.5bn

The Islamic Development Bank (IsDB) is set to soon issue its largest Sukuk for $2.5 billion. The Saudi Arabia-headquartered bank has a $1.5 billion Sukuk maturing...

News
21 February 2018

GM proposes $2.8bn investment in South Korea operations

General Motors has proposed an investment of $2.8 billion into its loss-making South Korean operations over the next ten years and has asked Seoul to provide its...

News
21 February 2018
in
Social infrastructure

ADB agrees $360m loan for rolling stock to boost Bangladesh Railway

The Asian Development Bank (ADB) has approved loans totaling $360 million to buy modern rolling stock and support reform in Bangladesh Railway to help promote a shift...

News
21 February 2018

IFC inks green financing deal with Philippine, Mongolia banking groups

The International Finance Corporation has signed a memorandum of understanding with the Bankers Institute of Philippines and the Mongolian Bankers Association to foster...

News
21 February 2018

JBIC sets up joint Japanese Project Promotion Vehicle in Russian Far Eastern region

The Japan Bank for International Cooperation (JBIC) has signed a final agreement on the formation of a joint venture company to promote Japanese investment in the...

News
20 February 2018

EIB: Marjut Santoni to be new Secretary General

The European Investment Bank (EIB) has appointed Marjut Santoni as Secretary General. She will start her new role on 1 March. From 2013 to 2015, she was Deputy Chief...

News
20 February 2018

World Bank approves $486m to improve Nigeria’s electricity transmission network

The World Bank has agreed to provide $486 million to Nigeria to support its Nigeria Electricity Transmission Project. The funds will be used to upgrade electricity...

News
20 February 2018

EIB agrees loan to Banca Transilvania to boost Romanian SMEs

The European Investment Bank (EIB) has agreed to lend €75 million - the first tranche of an approved loan of €150 million - to Banca Transilvania, the second...

News
20 February 2018

IsDB launches $500m fund to support development start-ups

The Islamic Development Bank (IsDB) is launching a new fund which will provide seed money to innovative start-ups and small and medium-sized enterprises. Its Transform...

News
20 February 2018

EBRD boosts SMEs in Tunisia with UBCI financial package

The European Bank for Reconstruction and Development (EBRD) is providing a credit line for small and medium-sized enterprises for €30 million, a trade finance limit...

News
20 February 2018
in
Social infrastructure

IsDB, Sierra Leone sign $110m road construction deal

The Islamic Development Bank (IsDB) has signed a $110 million agreement with Sierra Leone to help finance the Kambia-Tomparie-Kamakwie Road construction. The $134.60...

News
19 February 2018

KDB to put Daewoo Engineering up for sale again

State-run Korea Development Bank (KDB) will put Daewoo Engineering & Construction Co. up for sale again after restructuring the ailing builder. The fate of Daewoo...

News
19 February 2018
in
Social infrastructure

ING and EIB provide $300m to finance green shipping

The European Investment Bank and ING have signed a €300 million agreement to support green investments for the European shipping market. ING and EIB will each...

News
19 February 2018

NIB finances Kemira's R&D and chlorate expansion in Finland

The Nordic Investment Bank and the global chemicals company Kemira Oyj have signed a loan agreement worth €90 million to finance the completed expansion of the...

News
19 February 2018
in
Waste and water

EIB to announce $69m new investment in Rwanda

The European Investment Bank (EIB) is set to confirm $69 million of new infrastructure and private sector investment in Rwanda. This will include announcement of the...