Bank loan

Montenegro repays second installment of Chinese Exim Bank loan

PODGORICA (Montenegro), Jan 24 (SeeNews) – Montenegro has repaid the second installment of a loan granted by Chinese bank Exim for the construction of the Bar-Boljare highway, the country’s finance ministry has announced. The government paid 28.96 million euros ($32.8 million) of the second tranche of the loan, realizing savings worth 5.15 million euros, due […]

Bank loan

South Africa secures $750 million World Bank loan to support COVID…

(Add details) CAPE TOWN, Jan 21 (Reuters) – The World Bank has approved a $750 million loan to South Africa related to COVID-19, aimed at helping protect the poor and support economic recovery from the pandemic, the National Treasury announced on Friday. The continent’s second-largest economy, South Africa has been hit hard by four waves […]

Bank loan

‘Masters of our own destiny’: Shelton officials say $5m bank loan will save town money

SHELTON — The city is saving significant money by using banks rather than getting sureties to take out short-term loans, city officials say. The Board of Aldermen, at its meeting last month, voted to approve borrowing just over $5 million from Newtown Savings Bank at a rate of 0.55% for a 5-year term. . According […]

Bank loan

Nigeria Secures $700 Million World Bank Loan for Water Projects | The Guardian Nigeria News

The federal government said it had secured a $700 million loan from the World Bank for specific water projects in the country. The government has said that most of the water supply issues in the country are the responsibility of state governments. Water Resources Minister Suleiman Adamu made the revelation while addressing reporters on the […]

Bank loan

World Bank loan: Philippines secures $ 600 million for economic recovery

The World Bank is providing the Philippines with another loan worth $ 600 million to help stimulate the economy and support other important reforms. The pandemic has caused extreme havoc and continues to destroy the global economy. Even rich countries are feeling the effects, what more can developing countries ask for? Different nations are turning […]

Bank loan

PH secures new $ 600 million loan from the World Bank – Manila Bulletin

The World Bank has approved a new $ 600 million loan that aims to support the Philippines’ economic recovery from the coronavirus pandemic. In a statement, the Washington-based multilateral institution said it had approved funding for the government’s reform program to position the country for a more competitive and resilient economic recovery. The sub-program’s Development […]

Bank loan

Who benefits from the World Bank’s $157 million loan?

Dear President David Malpass: The public would want to know why the World Bank serves as Liberia’s economic adviser and at the same time serves as Liberia’s largest creditor of money. The Bank should focus on making profits by lending money to poor countries and abandon its original 1945 vision to fight poverty, disease and […]

Bank loan

Greensill Report: British Business Bank Loan Approvals Lacked Due Diligence | Item

According to the UK Parliament’s public accounts committee report on Greensill released in November, checks from the British Business Bank to approve the company as a lender under the government’s COVID-19 support program were “woefully inadequate” . This lack of scrutiny, curiosity and skepticism could end up costing taxpayers £ 335million (US $ 445million), according […]

Bank loan

West Bengal obtains a $ 135 million loan from the World Bank to modernize its rural electricity distribution network

The International Bank for Reconstruction and Development (IBRD) approved a $ 135 million loan to West Bengal to improve operational efficiency and reliability of electricity supply in some pockets of the state. IBRD and its concessional lending arm, the International Development Association (IDA), are also collectively referred to as the World Bank. The variable spread […]

Bank loan

West Bengal secures $135m loan from World Bank to upgrade rural electricity distribution network

IBRD and its concessional lending arm, the International Development Association (IDA), are also collectively referred to as the World Bank. The International Bank for Reconstruction and Development (IBRD) has approved a $135 million loan to West Bengal to improve operational efficiency and reliability of electricity supply in some pockets of the state. IBRD and its […]

Bank loan

Bengal secures $ 135 million loan from the World Bank to modernize its rural electricity distribution network, Energy News, ET EnergyWorld

Calcutta: The International Bank for Reconstruction and Development (IBRD) approved a $ 135 million loan to West Bengal to improve operational efficiency and reliability of electricity supply in parts of the state. IBRD and its concessional lending arm, the International Development Association (IDA), are also collectively referred to as the World Bank. The variable spread […]

Bank loan

NuRAN Announces First Online Site in DRC, Cameroonian Bank Loan Approval and Year-End Changeover

First Live Site in the Democratic Republic of Congo 15 sites live in Cameroon 32.68% penetration rate after 1 month for the first 10 sites in Cameroon CAD 2.87 million loan from Afriland First Bank approved for Cameroon Year-end changed to December 31 QUEBEC CITY, QC / ACCESSWIRE / November 29, 2021 / NuRAN Wireless […]

Bank loan

Medical Marijuana Establishment Cannot Get Bank Loan

A reminder came last week in the form of a press release that despite the growing acceptance of medical marijuana – and the introduction of a bill earlier this year to legalize the recreational use of marijuana for adults – businesses that grow or sell cannabis always face special challenges. Calypso Enterprises, the Erie-based company […]

Bank loan

PHL awaiting $200m World Bank loan to fund nutrition program

PHILSTAR The World Bank is set to provide a new $200 million loan to the Philippines for nutrition programs that will reduce the undernourished population. According to a bank report, the loan was approved by Ndiame Diop, World Bank country director for Brunei, Malaysia, the Philippines and Thailand, on November 3. The World Bank said […]

Bank loan

Snapshot: Regulation of bank credit facilities in the United States

Regulation Equity and liquidity requirements Describe how capital and liquidity requirements affect the structure of bank loan facilities, including the availability of related facilities. Due to the capital requirements imposed on U.S. banks by the Basel III guidelines with respect to confirming letters of credit and maintaining swingline loan commitments, U.S. banks are facing internal […]

Bank loan

Kenya to get 14 billion shillings loan from World Bank for Covid-19 vaccines

Economy Kenya to get 14 billion shillings loan from World Bank for Covid-19 vaccines Tuesday, June 29, 2021 A Kenyan health worker administers the Oxford / AstraZeneca vaccine to colleagues to help fight the coronavirus at Kenyatta National Hospital in Nairobi on March 5, 2021. PHOTO | TO FILE Kenya will receive a 14 billion […]

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 security

FBI Warns of Spear Phishing on Behalf of Truist Bank

The FBI issued a warning that threat actors began masquerading as Trusit, one of America’s largest bank holding companies. According to the investigation agency, malicious actors are using this spear phishing campaign to infect victims with Remote Access Trojan (RAT) malware. A Beeping computer The article mentions that according to the FBI, the threat actors […]

Bank loan

FG to Obtain $ 75 Million World Bank Loan for Community Water Supply | The Guardian Nigeria News

The federal government has entered into dialogue with the World Bank to secure a $ 75 million loan to provide water to communities across the country. Water Resources Minister Suleiman Adamu made the disclosure during an interactive session with media officials in Abuja on Thursday. He said the government was planning to launch a pilot […]