Banks

ADB has appointed Mukhtor Khamudkhanov as new Country Director for Nepal.

Paraguay will boost its rural sector competitiveness by improving road conditions Route 9 with a US$160 million loan approved by the IDB

The International Air Transport Association (IATA) and the African Development Bank (AfDB) have signed a memorandum of understanding (MoU) to establish a framework for collaboration to boost the aviation sector in Africa.

ADB and the Government of Indonesia today have signed a memorandum of understanding (MOU) to partner up in promoting public-private partnerships (PPPs) in the transport sector.

Sberbank CIB, the corporate and investment banking business of Sberbank, has opened a 10 billion rouble credit line for PSN Group for 3.5 years.

ADB's Board of Directors has approved a $50 million loan to help sustain access to and quality of pre-primary, primary, and secondary education in Mongolia.

The transaction used the IBM Blockchain Platform on the basis of HyperLedger Fabric.

ADB and Lao PDR signed an agreement on 13 November for a $10 million grant as additional financing for a project that will enhance Lao PDR’s sanitary and phytosanitary (SPS) capacity.

Afghanistan President Mohammad Ashraf Ghani witnessed the contract signing of two ADB-financed energy projects which will help Afghanistan boost energy supply, improve energy security and efficiency, and promote cross-border trade in energy.

Limerick’s economic resurgence took another giant step forward today as the EIB confirmed a record commitment for an urban Ireland investment programme for the city.

Sberbank announces the signing of a deal to acquire a block of shares in VisionLabs, a global leader of the facial recognition market.

The EIB will provide financing of EUR 30 million to medneo Group, a Berlin headquartered company providing innovative imaging diagnostics’ services and technology “as a service”.

The EIB transaction with Volvo Cars was made possible by the European Fund for Strategic Investments (EFSI), which is the central pillar of the Investment Plan for Europe.

Sberbank has received its first Platinum prize at the international Loyalty360 Customer Awards. The Bank’s efforts were recognised in the Organizational Commitment category for promoting a client-centric business model as part of corporate culture.

This move is aimed at technological advancement in Bank of Russia deposit operations and user-friendliness of this instrument for credit institutions.