Tag Archives: Francis Malige

EBRD and IFC Invest in Bank of Palestine to Strengthen Palestinian Economy Amid Crisis

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have acquired equity stakes in Bank of Palestine to support its capital base amid the challenging economic conditions in the region. The investment will … Read the full press release

EBRD Extends €50 Million Facility to Oschadbank, Boosting Ukraine’s Private Sector Amidst War

(IN BRIEF) In a bid to bolster Ukraine’s private sector amidst the ongoing conflict, the European Bank for Reconstruction and Development (EBRD) is extending a €50 million unfunded portfolio risk-sharing facility to Oschadbank. This initiative aims to unlock €200 million … Read the full press release

EBRD and NBU Forge Partnership to Enhance Veteran Reintegration in Financial Sector

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the National Bank of Ukraine (NBU) have inked a Memorandum of Understanding aimed at bolstering human capital resilience in Ukraine by fostering greater accessibility of war veterans to the … Read the full press release

EBRD and EU Empower Georgian Women-Led Enterprises with $20 Million Loan to TBC Bank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and Sweden, is providing a $20 million loan to TBC Bank in Georgia. This financing is aimed at bolstering lending opportunities for micro, … Read the full press release

EBRD Expands Support to Ukraine’s KredoBank with €25 Million Guarantee Facility for Critical Industries and Food Security

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is expanding its cooperation with KredoBank, a subsidiary of PKO Bank Polski, to support food security and critical industries in wartime Ukraine. The EBRD provides a €25 million guarantee facility … Read the full press release

EBRD Provides US$90 Million Loan to Akbank for Türkiye Earthquake Recovery

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to US$90 million to Akbank in Türkiye as part of the Türkiye Disaster Response Framework. The loan will assist businesses and individuals affected by … Read the full press release

ProCredit Holding welcomes EBRD as new core shareholder following share purchase agreements

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has signed two share purchase agreements with the International Finance Corporation (IFC) to become a core shareholder of ProCredit Holding AG & Co. KGaA (ProCredit Holding), replacing the IFC. Under … Read the full press release

EBRD, Banque Centrale Populaire to support international trade for Moroccan companies

A 50 million US dollar trade finance line with Banque Centrale Populaire 11-6-2013 — /europawire.eu/ — The EBRD is partnering with Banque Centrale Populaire to strengthen bank support for Moroccan companies in terms of international trade so that they can raise … Read the full press release