Banks

ADB has approved $750,000 to Indonesia to provide knowledge support and technical assistance to study the impact of disruptive technologies on the Indonesia economy.

The European Investment Bank is to provide a loan of EUR 490 million to support construction of the new children’s hospital in Dublin. 

ADB is providing a $2 million grant to help reduce the Marshall Islands’ consumption of fossil fuels and increase renewable electricity generation in the country.

ADB has signed a loan to improve Sri Lanka’s shipyard industry, increase the country’s competitiveness, and spur greater regional cooperation.

The awards ceremony took place during the 5th ‘Made in Russia’ International Export Forum, held by the Russian Export Centre (REC Group).

Nordea has joined the we.trade consortium as founding partner. 

Talks between Russian bank VTB and China’s CEFC on a loan to the Chinese company seeking to buy a stake in Russian oil company Rosneft are ongoing, VTB Chief Executive Andrey Kostin told reporters.

This transaction is the first tranche of an overall EIB envelope of up to EUR 100m, which will provide RVS – a member of the Austrian cooperative Raiffeisen Bank Group – with long-term funding resources for SMEs and midcaps.

Participant of Thank You from Sberbank Dmitry Maslov from Izhevsk won 1 million bonuses in the Spasibomania game.

The traditional financial conference of Belarusbank welcomed the partners and clients of the bank in Frankfurt am Main on November 21, 2017.

Net profit was RUB 15.6 billion (4 times increase year-on-year) in October 2017 and RUB 90.9 billion (2 times increase year-on-year) in 10M 2017 versus net profit of RUB 3.9 billion in October 2016 and RUB 38.0 billion in 10M 2016.

ADB's Board of Directors has approved a $45 million loan to help improve the quality of rural primary healthcare services in Uzbekistan.

The cooperation will allow Monobank to provide deposit products via the Raisin internet platform to European private individuals, hereunder predominantly to the residents of Germany, France, Austria and Spain.

Bond yields in emerging East Asian markets rose between 1 September and end-October as the global economy entered its most robust period of synchronized growth since the Global Financial Crisis, according to a new ADB report.

Russia’s VTB Capital, one of Russia’s biggest gold traders, aims to more than double sales of the precious metal to China next year, its global commodities chief said, after import curbs forced it to cut its target for this year