Banks

The first stage of Sberbank’s Skolkovo Data Processing Centre (DPC) has been launched in the Skolkovo Innovation Centre.

ADB's Board of Directors approved a loan agreement for $100 million that will improve and strengthen the development and delivery of public-private partnership (PPP) projects in the Punjab province.

Today in Tilburg, the EIB signed a financing agreement with the Ons Middelbaar Onderwijs (OMO) association.

ADB's Board of Directors has approved a $380 million loan to help the Philippine government strengthen the road network and spur economic development in Mindanao.

IDB $31.7 million loan will allow for improving road infrastructure and construction of a bus lane in Brazil.

Deutsche Bank today announced the implementation of an upgraded equities trading platform with artificial intelligence ("AI") capabilities, setting a new benchmark for best execution, a key focus for financial institutions ahead of MiFID II.

ADB's Board of Directors has raised the limit of an existing microfinance risk participation and guarantee program by an additional $100 million in assistance for its microfinance institutions (MFIs).

Sberbank announces that David Rafalovsky will be appointed Senior Vice President, CTO of Sberbank Group and Co-Head of the Technology Block on February 1, 2018. Mr. Rafalovsky will report to Lev Khasis, First Deputy Chairman of Sberbank’s Executive Board.

Pursuant to the definitive agreement, Sberbank will subscribe for new shares in Yandex.Market for 30 billion rubles (approximately $500 million), valuing it at 60 billion rubles (approximately $1 billion) on a post-money basis, before taking into account any potential future synergies.

Completion of the transaction was approved by the Antimonopoly Committee of Ukraine, as well as the European Central Bank and the National Bank of Ukraine. 

ADB forecasts that economic expansion in developing Asia will accelerate to 6% in 2017 as stronger than expected exports and domestic consumption fuel growth.

Deutsche Bank has published its 2018 China economic outlook

Colombia will strengthen public surveillance and promote institutional transparency with support from an IDB loan.

ADB's Board of Directors has approved a $100 million loan to improve rural roads to promote more extensive agriculture and agribusiness development in five states of Nepal.

The EIB signed a financing agreement of EUR 250 million with Banque Misr to finance investments by small and medium-sized enterprises (SMEs) and midcaps in the manufacturing and services sectors to improve their competitiveness in Egypt.