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FINANCING FOR GEORGIAN MSMEs PROVIDED
The European Bank for Reconstruction and Development (EBRD) is extending a €6 million (or US$ 7.21 million equivalent) loan to TBC...

By The Financial District
Dec 27, 20202 min read


PASIG SENIORS GET 'AYUDA'
It's a merry Christmas for Pasig City’s senior citizens as their cash gifts from the local government have been credited to their...

By The Financial District
Dec 27, 20202 min read


TAX AMNESTY EXTENDED UNTIL JUNE 2021
The Department of Finance (DOF) has issued Revenue Regulations (RR) Nos. 32-2020 and 33-2020 extending until June 2021 the respective...

By The Financial District
Dec 24, 20202 min read


EBRD FUNDS ALBANIAN BUSINESSES
The European Bank for Reconstruction and Development (EBRD), Raiffeisen Bank International (RBI), and Raiffeisen Bank Albania (RBAL) are...

By The Financial District
Dec 24, 20202 min read


EBRD, PALESTINE BANK FUND MSMEs
The European Bank for Reconstruction and Development (EBRD) is supporting Palestinian micro, small and medium-sized enterprises (MSMEs)...

By The Financial District
Dec 22, 20202 min read


ONLINE LEARNING TAKES OFF IN TAJIKISTAN MEDICAL COLLEGE
Together with the Women Entrepreneurs Finance Initiative (We-Fi), the EBRD helped Principal Shohida Abduraufova pilot online teaching...

By The Financial District
Dec 20, 20202 min read


U.S. TAGS VIETNAM, SWITZERLAND AS CURRENCY MANIPULATORS
The US Treasury Department labeled Vietnam and Switzerland as currency manipulators for the first time while keeping Japan and China on...

By The Financial District
Dec 19, 20201 min read


EBRD ADVISORY SOLVES PROBLEM FOR PHARMACY IN KAZAKHSTAN
This summer, at the peak of the coronavirus pandemic in Kazakhstan, local pharmacies experienced an overwhelming increase in demand.

By The Financial District
Dec 15, 20202 min read


SEC WINS CASE VS. INVESTMENT SCAM PERPETRATORS
The Securities and Exchange Commission (SEC) scored a legal victory over perpetrators of an investment scam after a Quezon City regional...

By The Financial District
Dec 15, 20203 min read


ADB LAUNCHES $9 BILLION ASIA PACIFIC VACCINE ACCESS FACILITY
The Asian Development Bank (ADB) has launched a USD9-billion vaccine initiative --the Asia Pacific Vaccine Access Facility (APVAX)...

By The Financial District
Dec 12, 20203 min read


CARBON EMISSIONS POLICY SOUGHT
If more countries start recognizing the catalytic potential of carbon markets, the cost of achieving their climate mitigation targets...

By The Financial District
Dec 11, 20202 min read


FILIPINO CONSUMERS STILL GO TO BRANCHES, BANK EXEC SAYS
A bank executive said going fully digital is not the best solution right now in addressing customers’ needs, citing the need to educate...

By The Financial District
Dec 11, 20202 min read


DUTCH PROBERS TO QUIZ UBS CHIEF OVER ING LAUNDERING CASE
A Dutch court on Wednesday ordered a criminal investigation into the role UBS Chief Executive Ralph Hamers played in ING Group’s failure...

By The Financial District
Dec 10, 20201 min read


EBRD GREEN INITIATIVE RESONATES
While the world has rightly been concentrating on the coronavirus pandemic and its economic fallout, the biggest challenge on the planet...

By The Financial District
Dec 10, 20203 min read


PHILIPPINES EYES STRONG PARTNERSHIP WITH WORLD BANK
Finance Secretary Carlos Dominguez III said the Philippines is looking forward to a strengthened partnership with the World Bank...

By The Financial District
Dec 10, 20202 min read


SOCGEN, CREDIT DU NORD OK RETAIL BANK MERGER
Societe Generale and Credit du Nord have approved a plan to merge their retail banking operations after the boards of both French...

By The Financial District
Dec 9, 20201 min read


MOLDOVA COMPANIES GET LOANS DENOMINATED IN LEU
Moldovan companies can now benefit from loans denominated in the local currency, leu, provided by the European Bank for Reconstruction...

By The Financial District
Dec 9, 20202 min read


OLONGAPO CITY GETS FINAL DEMAND ON UNPAID P6.71 BILLION PSALM CHARGE
The Power Sector Assets and Liabilities Management Corp. (PSALM) has sent a final demand letter to the Olongapo City Government to pay...

By The Financial District
Dec 9, 20202 min read


P697 MILLION IN HELP TO TYPHOON VICTIMS BARED
The government will be needing around PHP697.6 million to help some 712,522 families hit hard by the onslaught of recent typhoons.

By The Financial District
Dec 7, 20202 min read


FINNISH STUDY SHOWS RENTING MORE EXPENSIVE THAN OWNING HOUSES
A new study shows that renters in Finland use a greater share of their income on housing than homeowners.

By The Financial District
Dec 5, 20201 min read


PET FOOD SUPPLIER GETS 3.3 MILLION EURODOLLAR LOAN
The European Bank for Reconstruction and Development (EBRD) is providing Kormotech, one of Ukraine’s leading pet food producers, with a...

By The Financial District
Dec 5, 20201 min read


LAND BANK AGRI LOANS REACH P230 BILLION
The Land Bank of the Philippines (LANDBANK) has extended to the agriculture sector as of October this year a total of P230.23 billion in...

By The Financial District
Dec 4, 20202 min read


BIR COLLECTS P547 MILLION FROM PADLOCKED ESTABLISHMENTS
The Bureau of Internal Revenue (BIR) has reported to the Department of Finance (DOF) that it collected a total of P547.9 million in taxes...

By The Financial District
Dec 3, 20202 min read


WOES COMPEL HSBC TO MULL EXIT FROM U.S. RETAIL BANKING
HSBC Holdings Plc is considering a complete exit from retail banking in the United States.

By The Financial District
Nov 29, 20201 min read
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