EBRD President reaffirms Bank’s support on fifth wartime visit to Ukraine

This article is brought to you in association with the European Commission.This article is brought to you in association with EBRD. A senior delegation from the European Bank for Reconstruction and Development (EBRD), headed by President Odile Renaud-Basso, visited Kyiv this week for talks with Ukraine’s government and business leaders on support for the Ukrainian economy. This three-day visit came at a critical juncture, with the war nearing the […]

EBRD deepens cooperation with AccessBank in Azerbaijan

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has relaunched its Risk-Sharing Facility (RSF) in Azerbaijan by partnering with AccessBank to share risk in loans provided to local small and medium-sized enterprises (SMEs). Under the RSF agreement, the EBRD and AccessBank will each provide up to […]

Cerberus, EBRD and IFC finalise acquisition of Poland’s VeloBank

This article is brought to you in association with EBRD. An affiliate of Cerberus Capital Management L.P. (Cerberus), the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC – member of the World Bank Group) announce today the successful completion of the acquisition of 100 per cent of shares in VeloBank from […]

EBRD lends €15 million to Intesa Sanpaolo Banka

CESEE Bank Lending Survey reveals positive trends in credit demand and signs of supply improvementThis article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing funding to Intesa Sanpaolo Banka d.d. Bosnia and Herzegovina consisting of €7 million under the SME Go Green Programme and €8 million under the Go Digital in Bosnia and Herzegovina Programme. These new funds are supported […]

This bank is boosting financial inclusion by rethinking how money moves internationally

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Michael van den Berg, ACT Fund Investment Director, Common Fund for Commodities Transferring money to some hard-to-reach regions can take days. Often several intermediaries are involved – and a small mistake can cause a whole chain of transactions […]

What is a bank run? And why does confidence matter for a bank?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer, Forum Agenda Confidence is defined as the belief that you can have faith in, or rely on, something. The opposite – the feeling that something cannot be relied upon – can quickly take hold and spread, […]

Rural banks can accelerate financial inclusion in Southeast Asia. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Benedict Carandang, Vice-President, First Circle Growth Finance, Anton Carlos, Head of Customer Success, First Circle With more than 660 Million people living in Southeast Asia, this culturally rich and diverse region is considered as one of the fastest growing […]

SMEs turning to alternative financing instruments as growth slows in bank lending

This article is brought to you in association with OECD. Small and medium-sized enterprises (SMEs) are turning to non-bank financing sources at a faster pace than in the past, as bank lending to them has risen less than expected given today’s favourable credit conditions and business environment. Financing SMEs and Entrepreneurs 2019: An OECD Scoreboard finds that […]
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