Daiwa Securities Group, a Japanese securities broker reporting JPY 17.1 trillion (USD 186 billion) in assets as of March 2010, will be issuing bonds to Japanese retail and institutional investors to support the operations of the European Bank for Reconstruction and Development (EBRD), an international developmental finance institution focusing on Eastern Europe and Central Asia and headquartered in London [1].
Search Results for: EBRD
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Participates in $2.6m Capital Increase in Armenian Bank ARARATBANK Serving Micro-, Small and Medium-sized Enterprises
The European Bank for Reconstruction and Development (EBRD) has added AMD 255 million (USD 650,000) to its investment in ARARATBANK, an Armenian bank that provides banking services primarily to micro-, small and medium-sized enterprises (MSMEs). EBRD’s additional investment is part of ARARATBANK’s total capital increase of AMD 1 billion (USD 2.6 million), where EBRD’s percentage ownership will remain at 25 percent plus one share.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Provides $63m Loan to Polish Bank BGZ to Support Micro-, Small and Medium-sized Enterprises (MSMEs)
The European Bank for Reconstruction and Development (EBRD) has provided Bank BGZ, a Polish bank that offers financing primarily to rural entrepreneurs, with a EUR 50 million (USD 63 million) credit line for on-lending to micro-, small and medium-sized enterprises (MSMEs) in rural areas.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Provides $1.3m Loan to Albanian Leasing Company LandesLease Serving Small and Medium-sized Enterprises
The European Bank for Reconstruction and Development (EBRD) has provided a EUR 1 million (USD 1.3 million) loan to LandesLease, an Albanian leasing company, to expand its services to small and medium-sized enterprises (SMEs).
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Provides $1m For Small and Medium-sized Agricultural Enterprises to Tajikistani Bank Amonatbonk
The European Bank for Reconstruction and Development (EBRD) recently supplied a USD 2 million loan to Tajik agricultural bank Amonatbonk, founded in 1992 following Tajikistan’s independence [6]. The funds will be divided evenly between a revolving credit line administered through the Tajik Agricultural Finance Framework (TAFF) and a trade finance facility [1].
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) to Provide $18.5m Loan to NBD Bank, a Commercial Bank in Russia that Specializes in Lending to Micro, Small, and Medium-Sized Enterprises (MSMEs)
The European Bank for Reconstruction and Development (EBRD), an international finance institution, will provide a RUB 450 million unsecured loan, the equivalent of over USD 18.5 million, to NBD Bank, a commercial bank in Russia that specializes in providing loans to micro, small, and medium-sized enterprises (MSMEs) and is minority-owned by EBRD.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Provides $26.9m Loan to Intesa Sanpaolo Banka d.d. BiH, a Commercial Bank in Bosnia and Herzegovina, to On-lend to Small and Medium-Sized Companies
The European Bank for Reconstruction and Development (EBRD), an international finance institution, has provided a EUR 20 million loan, the equivalent of over USD 26.9 million, to Intesa Sanpaolo Banka d.d. BiH, a commercial bank in Bosnia and Herzegovina that is majority-owned by Intesa Sanpaolo Group of Italy.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Provides $4m Synthetic Loan to FINCA to Support Micro- and Small Enterprises in Armenia
The European Bank for Reconstruction and Development (EBRD), an international finance institution, has made a synthetic loan in Armenian drams (AMD) equivalent to USD 4 million to FINCA Universal Credit Organization Closed Joint Stock Company (FINCA Armenia), a non-bank credit organization serving micro- and small enterprises (MSEs).
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Supports Small and Medium-Sized Enterprises (SMEs) with $25m Loan to UniCredit Leasing Ukraine
The European Bank for Reconstruction and Development (EBRD), an international finance institution, recently loaned USD 25 million to UniCredit Leasing Ukraine, the Ukrainian arm of the international leasing company UniCredit Leasing, in an effort to increase loans to small and medium-sized enterprises (SMEs). The loan to a leasing company indicates that the EBRD sees value in leasing as a form of financing for SMEs that are unable to purchase equipment outright.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD), Netherlands Development Finance Company (FMO), International Cooperation and Development Fund (TaiwanICDF) Loan $68m to Garanti Bank for Microfinance Operations
The European Bank for Reconstruction and Development (EBRD), an international finance institution, the Netherlands Development Finance Company (FMO), a public-private development bank, the International Cooperation and Development Fund (TaiwanICDF), a Taiwanese fund that aims to encourage international economic development, and five commercial banks loaned a combined EUR 50 million (the equivalent of USD 68 million) to Garanti Bank, a Turkish commercial bank, to increase loans to micro-, small, and medium sized enterprises (MSMEs).
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) and European Fund for Southeast Europe (EFSE) Loan $10m to ProCredit Bank Moldova to Expand Microfinance Operations
The European Bank for Reconstruction and Development (EBRD), an international financial institution, and the European Fund for Southeast Europe (EFSE), a microfinance investment fund, recently loaned USD 10 million to ProCredit Bank Moldova, a development-oriented bank.
MICROCAPITAL BRIEF: International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and CRG Capital (CRG) Launch Central and Eastern Europe (CEE) Special Situations Fund
The International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and CRG Capital, a financial service firm, launched the Central and Eastern Europe (CEE) Special Situations Fund.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Extends $5m Long-term Loan to Kyrgyz Investment and Credit Bank (KICB) for On-Lending to Small and Medium Enterprises (SMEs)
The European Bank for Reconstruction and Development recently provided Kyrgyz Investment and Credit Bank (KICB) with a USD 5 million long-term loan for on-lending to small and medium enterprises (SMEs) in the Kyrgyz Republic.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Extends First Loan in Georgian Currency Worth $1m to Crystal Microfinance Organization
The European Bank for Reconstruction and Development (EBRD) has extended its first loan in local Georgian currency, the Lari (GEL), worth about USD 1 million, to Crystal, a local microfinance institution (MFI).
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Provides $2.9m Loan to Union Bank in Albania for On-Lending to Small and Medium Enterprises (SMEs)
The European Bank for Reconstruction and Development (EBRD) has recently extended a medium-term credit line of EUR 2 million, worth about USD 2.9 million, to Union Bank, a private bank in Albania, in order to improve microcredit lending activities, especially to local small and medium enterprises (SMEs). Edmond Leka, Chairman of the Board of Directors of Union Bank said that “while much of the banking world is retrenching lending activities,” this credit line will be essential in allowing Union Bank to increase its on-lending capabilities to its clients. Until now, the ERBD has provided about USD 786 million to various infrastructural, financial, and energy-related projects in Albania.
MICROCAPITAL BRIEF: The European Bank for Reconstruction and Development (EBRD) Provides $5m Loan to Uzbekistan’s HamkorBank for Micro- and Small Enterprises (MSEs)
The European Bank for Reconstruction and Development (EBRD) has extended a USD 5 million credit line to HamkorBank, an open joint-stock commercial bank in Uzbekistan, to increase the availability of financial services to micro- and small enterprises (MSEs).
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Extends $5m Local Currency Credit Line to Microinvest to Boost Microfinance Industry in Moldova
The European Bank for Reconstruction and Development (EBRD) has extended an MDL 62.7 million (USD 5 million) local currency credit line to Microinvest of Moldova for on-lending to micro and small enterprises (MSEs). This is EBRD’s first local currency loan in Moldova.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Provides €100m ($146m) Credit Line to Bank Millennium to Assist Small and Medium Enterprises (SMEs) in Poland
The European Bank for Reconstruction and Development (EBRD) has provided a EUR 100 million (USD 146 million) medium term credit line to Bank Millennium of Poland for on-lending to small and medium enterprises (SMEs). This credit line supports Bank Millennium’s recently announced strategy to increase its business in the SME segment of Poland, which has been affected by the financial crisis.