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...Since 2022, the European Bank for Reconstruction and Development has lent $890mn to Ukraine’s producers of eggs, poultry and sugar, which will soon face quotas to protect EU jobs, the bank told the Financial...
...European Bank for Reconstruction and Development shareholders have agreed a €4bn capital increase that will allow it to double lending to Ukraine, boosting the war-torn country’s economic revival plans....
...The increasing co-operation comes as the World Bank and other multilateral development banks are being urged to overcome tight capital constraints and mobilise financial resources to help countries deal...
...A senior executive at a rival European bank operating in Russia said Raiffeisen had been poaching its staff in the country across a range of roles and business lines....
...Advocates of nuclear energy say the support of global development banks is critical if it is to deliver on a goal set in December by more than 20 countries on the fringes of the COP28 climate summit in Dubai...
...That might help explain Beijing’s latest obsession: acing the World Bank’s ease of doing business index, the world’s premier ranking of countries as investment destinations, which is being revamped and expected...
...It takes almost four years to enforce contracts in business disputes, among the slowest globally, according to the World Bank. “Is the country better managed than it was decades ago?...
...This meshes with this year’s World Bank International Debt Report, which has smart advice to DMOs in low and middle income countries: Once a portfolio analysis is conducted, debt managers can employ an...
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...division in the country....
...Japan will also become the first country donor to the bank’s Livable Planet Fund, with a pledge of $20mn....
...Seven banks — out of 45 then operating in the country — have been granted presidential approval, including Mercedes-Benz Bank, Ikano, J&T and Intesa....
...Nationwide, the country’s largest mutual, has attracted ire from campaigners and some of its members in recent weeks who argue that it should put its purchase of Virgin Money to a vote....
...The state, which exited the country’s largest lender, Bank of Ireland, in 2022, holds less than 40 per cent of AIB....
...But in one European country, shares have been flying off the shelves. Greece’s bank bailout fund last month sold 27 per cent of Piraeus Bank for €1.35bn....
...The reverse scenario occurred five years later in Australia, when the country’s largest bank took a slice from another citrus-branded telecoms player, Tangerine, and its sister company More Telecom....
...and nurturing” the country’s lenders....
...Ireland follows a wave of European countries increasing taxes and levies on banks....
...The IMF and the World Bank kick off their joint spring meeting on Monday in Washington....
...“Let’s say you’re going to attack banks,” Izrael said....
...Wealthy countries, including the World Bank’s biggest shareholders, have collectively pumped far more carbon into the atmosphere than the so-called global south....
...Raiffeisen Bank generated almost half of its profits from its Russian operations this year despite attempts by the Austrian lender to cut back its business in the country....
...One of the deals highlighted by the summit’s host, Kenya’s president William Ruto, was in Burundi, the world’s poorest country, according to World Bank data — and one that was off limits to foreign investors...
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