Banks

Vnesheconombank and the Export – Import Bank of China signed a framework line of credit agreement in Beijing. The amount to be financed under the CNY agreement will be up to three billion US dollars.

Vnesheconombank and Russia’s Ministry of Economic Development are pursuing the Federal Competence Centre (FCC) project.

Vnesheconombank and the Russian National Committee of International Council on Large Electric Systems (Conseil International des Grands Réseaux Électriques) Association (RNC CIGRE Association) entered into a cooperation agreement.

ADB's Board of Directors has endorsed a new 5-year country partnership strategy (CPS) to establish a stronger foundation for sustainable growth and poverty reduction in Afghanistan.

The Swiss National Bank (SNB) reports a profit of CHF 33.7 billion for the first three quarters of 2017. 

At the Fifth Moscow International Chemical Forum, the chemical industry stakeholders discussed the new avenues and mechanisms for financing the chemical industry projects at the session addressing the industry’s technical and commercial aspects.

ADB's Board of Directors has approved a $100 million loan for the Infrastructure Preparation and Innovation Facility, which will help the Philippine government accelerate the delivery of high quality public infrastructure projects.

This operation is backed by the European Fund for Strategic Investments (EFSI) under the Investment Plan for Europe (IPE).

ADB and the Government of India have signed a $65.5 million loan agreement at Bengaluru to continue interventions to check coastal erosion on the western coast in Karnataka.

This EIB operation is supported by “InnovFin – EU Finance for Innovators”, a new generation of financial instruments for innovative and growth companies, with the financial backing of the European Union under Horizon 2020 Financial Instruments.

Based on the European Fund for Strategic Investments (EFSI) COSME guarantee agreement, the European Investment Fund (EIF) and Swedbank have increased their financing to Baltic companies by 160 million euros, now totalling 325 million euros.

ADB President Takehiko Nakao today met with the President of Tajikistan Emomali Rahmon to discuss ways of further deepening the almost 20-year partnership with the country.

The project is to bring about a transparent environment for electronic transactions between businesses and government customers.

Growing trade and investment linkages in Asia and the Pacific help improve the region’s economic resilience to uncertainties in the global economic and trade policy environment, according to a new ADB report.

ADB returned to the US dollar bond market with the pricing of a $1.5 billion 10-year global benchmark bond issue, proceeds of which will be part of ADB’s ordinary capital resources.