Banks

During the Russian Investment Forum in Sochi Vnesheconombank and Renova Group of Companies JSC signed a cooperation agreement.

Vnesheconombank and the Roscongress Foundation have agreed on joint information support for the promotion of Russian exports as part of the ‘Made in Russia’ National Brand project.

The EIB granted new loans worth EUR 530m and the European Investment Fund (EIF – together with EIB forming the EIB Group) implemented operations in Croatia amounting to EUR 16m in 2016. 

ADB and the New Zealand government will help establish an independent regulator for Vanuatu’s maritime sector, to be known as the Office of the Maritime Regulator (OMR).

The EIB presented today in Madrid the results of its activity in Spain in 2016. 

ADB and SHB today signed a Revolving Credit Agreement (RCA). Under the agreement ADB’s TFP will provide a $20 million direct loan to SHB to support pre-shipment and post-shipment trade transactions.

Today Tinkoff Bank publishes the findings of its research on the Russian credit card market in Q4 and FY 2016.

The EIB provided new loans totalling to EUR 874m and the European Investment Fund (EIF – building together with EIB the EIB Group) executed operations in Slovakia amounting to EUR 44m.

The European Investment Bank (EIB) today signed a new EUR 100 million loan with the Bank of Cyprus to support investments by local small and medium-sized enterprises (SMEs) and Midcaps, bolstering growth and creating quality new jobs for young people.

The European Investment Bank (EIB) has signed a SEK 900 million agreement to support investment in local infrastructure in the Nordic countries through the “Infranode I” investment platform. 

ADB has approved an additional $2.87 million assistance for the Port Vila Urban Development Project to further help Vanuatu achieve sustainable urban development through improved access to sanitation, drainage facilities, and roads.

Today Sberbank launched a spring campaign featuring lower consumer loan interest rates.

The volume of loans issued by Sberbank to small and medium-sized enterprises in 2016 exceeded 900 billion roubles, almost by one third more y-o-y. The indicator stood at 633 billion roubles in 2015.

ADB returned to the US dollar bond market with the pricing of a $3.75 billion 5-year global benchmark bond issue, proceeds of which will be part of ADB’s ordinary capital resources.

ADB approved an unprecedented $3.7 billion in climate finance investments in 2016, according to recently released figures — marking a 42% boost from the $2.6 billion reached in 2015.