Gold Outlook 2023
The global economy at a crossroads The global economy is at an inflection point, as major central banks continue their efforts to stifle inflation. Gold’s performance in the new year will be shaped primarily by economic...
Category: Banks
TerraPay wins the ‘Best use of data’ award at the prestigious Banking Tech Awards 2022
The renowned Banking Tech Awards awarded TerraPay, a leading global payments infrastructure company, with the ‘Best use of Data’ award for the year 2022. Over the last 23 years, the Banking Tech Awards has been recognising...
EBRD and PGGM to mobilise €250m of sustainable development finance
EBRD and PGGM launch an institutional co-investment partnership to mobilise €250 million of European pension-fund capital Investments to be in climate finance and areas that support the Paris Agreement goals of EBRD investee economies EBRD committed...
EBRD and Bank al Etihad support growth of small and women-led businesses in Jordan
First project in the SEMED region to incorporate the EBRD’s Paris alignment methodology in the financial sector Second EBRD, Basel-III-compliant subordinated loan in Jordan to Bank al Etihad Funds to support businesses, individuals and women-led MSMEs...
EIF Working Paper 2022/82, EIF Venture Capital Survey 2022
Market sentiment and impact of the current geopolitical & macroeconomic environment The EIF VC Survey, the EIF Private Equity Mid-Market Survey, and the EIF Business Angels Survey (the largest combined regular survey exercises among General Partners and...
Saudi Arabia Announces Budget 2022, with a Focus on Service Improvement, Fiscal Sustainability and Private Sector Empowerment
The Council of Ministers, in its session held today, 12 December 2021, under the chairmanship of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz approved the budget for the fiscal year 2022, with...
Remarks by Executive Vice-President Dombrovskis at the ECOFIN press conference
Thank you, Minister. Good afternoon everyone. Let me also start with the economic situation. As the Minister already said, the economic recovery continues. We expect all EU countries to return to their 2019 GDP levels this...
Spain’s Caixabank Q3 recurrent profit pro-forma up 33%
Spain’s Caixabank on Friday 29 October 2021 – said its third-quarter recurrent profit rose 33% measured against the same period a year ago, due to lower loan loss provisions which offset pressure on lending income. Caixabank,...
EBRD and AIIB streamline co-financing procedures
By Anton Usov EBRD and AIIB agree on enhanced cooperation Co-financing framework agreement to speed up preparation of new investments New financing opportunities for green, digital and inclusive projects The European Bank for Reconstruction and Development (EBRD)...
International shareholders increase stake in Tajikistan micro lender IMON+
Tajikistan’s leading micro lending institution, Imon International (Imon), will continue providing financial services to more than 100,000 micro businesses and individual borrowers across the country thanks to an equity investment from Imon’s international shareholders. Following the...
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