Bank loan

Le Pen secures Hungarian bank loan to fund presidential campaign – EURACTIV.com

The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. Today’s edition is powered by International Politics and Society A message from International Politics and Society (IPS). The IPS online journal brings you progressive commentary on the debates that move […]

Bank loan

SA to secure $750m loan from World Bank to boost economic recovery

Marie Françoise Marie-Nelly, the World Bank’s director for South Africa, said the loan would relieve “the effects of the most severe economic crisis that South Africa has experienced in the past 90 years, while tackling long-standing challenges to growth and development”. Image: Provided The World Bank announced Friday morning that it had approved South Africa’s […]

Bank loan

Black Sea Bank loan to support Energean’s Epsilon field at Prinos in Greece

The Black Sea Trade and Development Bank (BSTDB) is providing a loan of up to €90.5 million to Energean Oil and Gas, the Greek oil and gas producer said on January 4. According to Energean, the proceeds will finance Energean’s capital plans – including the development of the Epsilon and Prinos fields – and will […]

Bank loan

Philippines gets additional World Bank loan for more vaccines

Philstar.com December 22, 2021 | 2:47 p.m. MANILA, Philippines — The World Bank on Wednesday approved a new loan that would help fund the Philippine government’s purchase of additional coronavirus vaccines. The “Philippines COVID-19 Emergency Response Project – Supplementary Financing 2” (PCERP-AF2) will cover the purchase and delivery of doses to people aged 12 to […]

Bank loan

Proposed Bank Loan Deferral Approved in Bahrain

The Central Bank of Bahrain (CBB) has also been asked to encourage the government to support the proposal. Mr Al Nefaei said the aim was to enable people, businesses and the economy to recover properly from the effects of the Covid-19 pandemic which are still being felt despite positive indicators. “The deferrals have helped the […]

Bank loan

New €300 million loan from the World Bank to support reforms in Ukraine during the COVID-19 pandemic

WASHINGTON, December 17, 2021 – The Board of Directors of the World Bank today approved a loan of EUR 300 million Second Economic Recovery Development Policy Loan (DPL) for Ukraine in support of reforms critical to the country’s economic recovery and growth, and to help mitigate the effects of the COVID-19 pandemic. The main reforms […]

Bank loan

NatWest set to take 16.7% of PTSB in Ulster Bank loan sale deal

British banking giant NatWest Group is set to take a 16.7% stake in Permanent TSB (PTSB) in a deal to sell a large portion of its Ulster Bank unit’s loans and other assets to the government-controlled lender. Irish state. The figure was revealed on Friday as the two parties confirmed they had signed a binding […]

Bank loan

Holiday season retail demand and MSMEs drive bank lending growth in October

Reflecting the increased demand for the holiday season, retail bank credit covering housing, vehicles and credit cards, etc. grew 11.7% year-on-year in October 2021, up from 8.7% in October 2021. Data from the Reserve Bank of India showed year-over-year growth in home loans was stable at 8.4% in October 2021 from 8.1% a year ago. […]

Bank loan

Cooperative secures shing 6.3 billion EU bank loan for SME lending

Companies Cooperative secures shing 6.3 billion EU bank loan for SME lending Thursday, November 25, 2021 Gideon Muriuki, CEO of the cooperative bank. PHOTO FILE | NMG Co-operative Bank #ticker: COOP received 6.3 billion shillings (50 million euros) from the European Investment Bank for subsequent loans to small businesses to help them recover from the […]

Bank loan

Terri Irwin reveals she took out a bank loan to cover Australia Zoo

Terri Irwin has revealed that she took out a bank loan to protect the future of the Australia Zoo, following reports that the Queensland Wildlife Sanctuary was in financial conflict. The 57-year-old told the Courier Mail on Friday the loan would cover the animal sanctuary for “at least 20 years of fallout” after the Covid […]

Bank loan

Universities risk closure of World Bank loan deal

Economy Universities risk closure of World Bank loan deal Wednesday, November 17, 2021 Moi University in Eldoret. PHOTO FILE | NMG By OTIATO GUGUYUMore from this author Summary Thousands of people risk losing their jobs as part of the plan to merge struggling parastatals. Public universities have come under financial pressure in recent years due […]

Bank loan

Cash-strapped Kenyan universities risk closing loan deal with World Bank

By OTIATO GUGUYU Kenya has come under pressure from the World Bank to shut down and merge cash-strapped public universities and loss-making parastatals in what would see thousands of civil servants lose their jobs. The multilateral financier believes Kenya should merge higher education institutions due to duplication of courses and the need to cut spending. […]

Bank insurance

Faulu Bank insurance sales increase 31% to Ksh. 327 million thanks to automation

Faulu Microfinance Bank has seen significant growth in its bancassurance business following the successful automation of its insurance sales last year. Overall sales reached Ksh. 327 million this year, a growth of 31% over a similar period last year. The growth was attributed to increased demand in the general and life insurance segments and the […]

Bank loan

World Bank $ 40 million loan for state health sector

SHILLONG, October 1: The World Bank’s Board of Directors approved a $ 40 million project to improve the quality of health services in Meghalaya and strengthen the state’s capacity to manage future health emergencies , including the COVID-19 pandemic.The loan which will be sanctioned by the International Bank for Reconstruction and Development (IBRD) has a […]

Bank service

Cross River Bank Recognized as 2021 National Community Bank Service ICBA Award Recipient for Heroic PPP Efforts

FORT LEE, New Jersey – (COMMERCIAL THREAD) – Cross River Bank (“Cross River”), a technology-driven financial services organization that provides basic infrastructure and integrated financial solutions, received the Emerging Community Bank Service Award from the Independent Community Bankers of America ( ICBA) for his main paycheck. Protection program (PPP) and community awareness following the COVID […]

Bank loan

Eyes on Uhuru for new airtime and bank loan taxes

Economy Eyes on Uhuru for new airtime and bank loan taxes Wednesday, June 30, 2021 President Uhuru Kenyatta signs the 2021 Income Division Bill at State House, Nairobi, April 30, 2021. PHOTO | PSCU President Uhuru Kenyatta holds the key to enforcing new taxes that could make bank loans, internet access and phone calls more […]

Bank loan

World Bank loan of $ 32 million to improve health services in Mizoram

The Government of India, the Government of Mizoram and the World Bank signed a $ 32 million Mizoram Health Systems Strengthening Project to improve the management capacity and quality of health services in the Northeast State , especially for the benefit of underserved areas and vulnerable groups. The project will strengthen the governance and management […]

Bank loan

Kenya secures $ 750 million loan from World Bank to help recover from effects of COVID-19

NAIROBI, June 11 (Reuters) – Kenya has received a loan of $ 750 million from the World Bank to support its budget and help the East African economy recover from the effects of the COVID-19 pandemic, announced Friday the multilateral lender. The Kenyan government has gone to great lengths to secure foreign funding to close […]

Bank loan

Kenya secures $750m loan from World Bank to help recover from effects of COVID-19 | Investment News

NAIROBI (Reuters) – Kenya has received a $750 million loan from the World Bank to support its budget and help the East African economy recover from the effects of the COVID-19 pandemic, the lender said on Friday. multilateral. The Kenyan government has been pushing hard to secure foreign funding to fill a large budget gap […]

Bank loan

Nordic bank loan loss reversals likely amid a promising outlook, but an uncertain timing

Amid an improving economic outlook in the Nordic countries, the region’s largest banks are well placed in 2021 to write off some of the pandemic loan loss provisions taken in 2020, analysts say, although some lenders may consider a more cautious approach. The first quarter results showed a promising development in loan losses at the […]