The EBRD and Waterfall Asset Management are joining B2Holding in investing in an non-performing loan (NPL) portfolio originated by Alpha Bank, a leading Greek lender. The EBRD’s portion will be €25 million.

The population of Bacau will benefit from a €11 million loan provided by the EBRD and the Green Energy Special Fund (GESF) to modernise street lighting in the Romanian city.

"We are pleased that our strong operating performance and net profit in the first nine months of this year were driven by several healthy developments: all our home markets have been enjoying robust economic growth; we have been performing very well in Retail and SME business, increasing overall loans (+6.3% year to date) and deposits (+5.9% year to date); and we have also increased our digital advantage and improved customers' experience thanks to George, our pan-European digital platform that is now being used by over 3 million customers in 4 markets.

The EBRD is becoming a shareholder in Bank BGŻ BNP Paribas S.A. with an investment of PLN 430 million corresponding to a stake of about 4.5 per cent.

Scores of small and medium-sized enterprises (SMEs) in Turkmenistan will benefit from the EBRD’s Advice for Small Businesses programme, funded by the European Union.

"We all want the holidays to be a time of happiness and relaxation, but the pressure to overspend robs people of the joy of the season and increases financial stress," said Brian Ford, financial well-being executive at SunTrust.

Five years after the start of the events that changed the political course of Ukraine, reformers and main donors supporting the change process will gather in Kiev on Thursday to collectively reflect on the progress achieved to date and discuss ways to deepen the reforms towards a prosperous future.