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Finance News
EBRD finances almost 400 trolleybuses for 12 Ukraine cities
EBRD finances almost 400 trolleybuses for 12 Ukraine cities Over six million inhabitants of 12 cities in Ukraine are benefiting from better and more comfortable public transport thanks to the introduc...
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EIB approves €12.6 billion for transport, clean energy and urban development
EIB approves €12.6 billion for transport, clean energy and urban development The European Investment Bank (EIB) today approved €12.6 billion of new financing for projects across Europe and around the...
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Time is running out to apply for the Coronavirus Business Interruption Loan Scheme
Time is running out to apply for the Coronavirus Business Interruption Loan Scheme The window to attract crucial funding from the Government-supported Coronavirus Business Interruption Loan Scheme (CB...
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EBRD financing municipal infrastructure modernisation in Bakuriani, Georgia
EBRD financing municipal infrastructure modernisation in Bakuriani, Georgia The population of Bakuriani, a city in the Borjomi municipality of Georgia, will benefit from improved public transport and...
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North American Development Bank finances Mexican border-wide transportation project
North American Development Bank finances Mexican border-wide transportation project The North American Development Bank (NADB) signed an initial loan agreement for up to $155.4 million pesos with Valu...
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Don’t miss out on the unbeatable Mecalac Buy Now Pay Later finance package
Don’t miss out on the unbeatable Mecalac Buy Now Pay Later finance package Time is running out for construction professionals nationwide to take advantage of Mecalac’s Buy Now… Pay Later f...
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EBRD finances $7m flood-protection scheme in Erdenet, Mongolia
EBRD finances $7m flood-protection scheme in Erdenet, Mongolia More than 15,000 people will directly benefit from sustainable infrastructure designed to protect them from seasonal flooding, thanks to...
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ADB and BOCFL finance $80m for Sustainable Urban Transport in China
ADB and BOCFL finance $80m for Sustainable Urban Transport in China The Asian Development Bank (ADB) has signed an $80 million loan with Bank of Communications Financial Leasing Co. Ltd. (BOCFL) to fu...
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KfW IPEX-Bank financing the eco-friendly expansion of Schiphol Airport
KfW IPEX-Bank financing the eco-friendly expansion of Schiphol Airport The project includes a new passenger terminal, a new aircraft pier and additional infrastructure. Construction of the new pier is...
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Mecalac announces unbeatable finance package for UK customers
Mecalac announces unbeatable finance package for UK customers Working in conjunction with Mecalac Financial Solutions, Mecalac Construction Equipment UK has launched an unbeatable Buy Now… Pay L...
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Mozambique and African Development Bank finance Mueda-Negomano road phase II
Mozambique and African Development Bank finance Mueda-Negomano road phase II The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for...
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ADB finances $177m for road construction in Maharashtra State
ADB finances $177m for road construction in Maharashtra State The Asian Development Bank (ADB) has approved a $177 million loan to India to upgrade 450 kilometers (km) of state highways and major dist...
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Nordic Investment Bank finances €70m for hydropower in Sweden and Finland
Nordic Investment Bank finances €70m for hydropower in Sweden and Finland NIB has signed a ten-year loan agreement of €70 million with Fortum Oyj to finance the refurbishment of two hydropower plants...
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EBRD finances €75m for modernisation of Tbilisi metro in Georgia
EBRD finances €75m for modernisation of Tbilisi metro in Georgia Residents of Georgia’s capital Tbilisi will benefit from a €75 million sovereign loan, with €65 million provided by the EBRD and €10 mi...
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Yanmar launches Buy Now Pay Later sales initiative in the UK
Yanmar launches Buy Now Pay Later sales initiative in the UK Yanmar Compact Equipment EMEA has announced a limited-time sales initiative across the UK and Ireland, to make purchasing state-of-the-art...
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KfW IPEX-Bank and MEAG financing A3 motorway expansion in northern Bavaria
KfW IPEX-Bank and MEAG financing A3 motorway expansion in northern Bavaria As part of an international consortium, KfW IPEX-Bank and MEAG are financing the six-lane expansion of federal motorway 3 (A3...
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AIIB finances $404m to improve 56km of Bangladesh’s National Highway N2
AIIB finances $404m to improve 56km of Bangladesh’s National Highway N2 The Asian Infrastructure Investment Bank (AIIB) has approved a US$404-million loan to improve Bangladesh’s intercity trave...
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NIB finances €68m port of Klaipėda expansion in Lithuania
NIB finances €68m port of Klaipėda expansion in Lithuania The Nordic Investment Bank (NIB) and the Klaipėda State Seaport Authority have signed a 19-year credit facility agreement for infrastructure i...
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Nordic Investment Bank finances new tram line for Helsinki
Nordic Investment Bank finances new tram line for Helsinki The Nordic Investment Bank (NIB) and the City of Espoo have signed a 25-year loan of EUR 65.6 million to finance the construction of the new...
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The Raising Project Finance Handbook by David Rose will save time, energy and money
The Raising Project Finance Handbook by David Rose will save time, energy and money A new publication, The RAISING PROJECT FINANCE Handbook, shares decades of hands-on experience in project financing...
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ADB financing $42m for critical transport infrastructure in Bangladesh
ADB financing $42m for critical transport infrastructure in Bangladesh The Asian Development Bank (ADB) has approved $42 million in project readiness financing (PRF) for a facility to help improve tra...
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World Bank financing new Bus Rapid Transit Corridor in Ho Chi Minh City
World Bank financing new Bus Rapid Transit Corridor in Ho Chi Minh City The World Bank and the Ministry of Finance today signed a financing agreement for a grant worth US$10.5 million to promote integ...
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EBRD finances$12m to upgrade Asyaport in Turkey
EBRD finances$12m to upgrade Asyaport in Turkey Turkey’s key trans-shipment hub Asyaport will increase its capacity and improve efficiency with a new US$ 12 million loan by the EBRD. The International...
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EU financing €45m for development of Port of Trieste
EU financing €45m for development of Port of Trieste The European Union is supporting the development of the Port of Trieste with new funding worth €45.5m. The EIB today signed a €39m loan with the Ea...
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EBRD finances Montenegro main road upgrade
EBRD finances Montenegro main road upgrade As part of its effort to improve regional integration in the Western Balkans, the EBRD is extending €15 million for the reconstruction and upgrade of the roa...
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New Development Bank in Shanghai approves US$937 million for 3 infrastructure projects
New Development Bank in Shanghai approves US$937 million for 3 infrastructure projects On December 2, 2019, the 22nd Meeting of the Board of Directors of the New Development Bank (NDB) was held in Sha...
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North Macedonia motorway improvements get green light with EBRD €13m loan
North Macedonia motorway improvements get green light with EBRD €13m loan The citizens of North Macedonia will benefit from a more efficient and greener highway network thanks to a €13 million Europea...
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EBRD supports Unigran to energise the construction industry in Ukraine
EBRD supports Unigran to energise the construction industry in Ukraine Increased availability of high-quality building materials for Ukraine’s construction industry will be secured following the expan...
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Islamic Development Bank approves $325m for projects in member countries
Islamic Development Bank approves $325m for projects in member countries The Board of Executive Directors of Islamic Development Bank (IsDB) has approved several projects worth US $325 million for Bur...
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KfW IPEX-Bank finances €50 million expansion of Norwegian railway industry
KfW IPEX-Bank finances €50 million expansion of Norwegian railway industry KfW IPEX-Bank is providing the Norwegian Bane NOR Eiendom AS (BNE) with funds equivalent to around €50 million (NOK 500 milli...
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Stockholm Arlanda Airport development financed by KfW IPEX-Bank
Stockholm Arlanda Airport development financed by KfW IPEX-Bank KfW IPEX-Bank and Swedavia have signed a €190 million loan agreement for the overall financing and development of the Swedish state owne...
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Helsinki Airport modernisation financed by KfW IPEX-Bank
Helsinki Airport modernisation financed by KfW IPEX-Bank KfW IPEX-Bank is participating in the financing to expand and modernise Helsinki Airport, some 17 km north of Finland’s capital. The tota...
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RSTA and PwC predict £50bn Council funding black hole for road maintenance
RSTA and PwC predict £50bn Council funding black hole for road maintenance Predictions that councils in England could face a funding black hole of over £50bn over the next six years would see even les...
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JCB Finance has one billion reasons to celebrate
JCB Finance has one billion reasons to celebrate One of the biggest lenders to the construction and agricultural industry in the UK, JCB Finance, is celebrating the milestone news that total lending h...
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EBRD and other Development Finance Institutions increase use of blended finance
EBRD and other Development Finance Institutions increase use of blended finance A new report by international Development Finance Institutions (DFIs) shows for the first time the scale of concessional...
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EIB provides €30m for renewal of Palma de Mallorca’s urban bus fleet
EIB provides €30m for renewal of Palma de Mallorca’s urban bus fleet Palma de Mallorca’s urban buses will start being replaced this year with new, more modern, safer, more comfortable and less polluti...
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England to Wales Severn bridge transfer to public ownership draws closer
England to Wales Severn bridge transfer to public ownership draws closer People travelling over the Severn bridge will soon benefit from cheaper journeys as the bridges return to public ownership earl...
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A promising but bumpy road ahead for blockchain
A promising but bumpy road ahead for blockchain Do you remember the world before the internet? Can you imagine your life without it? Prepare yourself, because another revolutionary technology is about...
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Kyrgyz Republic Sign Agreement for North-South Alternate Road Corridor Rehabilitation
The Asian Development Bank (ADB) and the Government of the Kyrgyz Republic today signed the financing agreement amounting to $95.1 million to rehabilitate a section of the North-South Alternate Road C...
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