On Thursday 03 January 2019, the European Bank for Reconstruction and Development (EBRD), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch), issued its debut EUR-denominated Green Bond benchmark, a 5-year €600 million Global transaction.
The EBRD is strengthening access to local currency loans for micro, small and medium-sized enterprises (MSMEs) by signing a credit line with Enda Tamweel, the largest microfinance institution in Tunisia.
"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.
Private businesses, including energy service companies (ESCO) and municipalities will benefit from wider access to finance thanks to a €15 million loan that the EBRD is providing to Banca Intesa, the largest bank in Serbia. The loan will be on-lent for energy efficiency investments.
Trade Ready, a new EBRD trade support initiative, was introduced in Georgia today to benefit the country’s small and medium-sized enterprises (SMEs) working to improve their competitiveness to succeed in international markets.
Overcoming the legacy of the operation of nuclear-powered ships in northern Russia is marking a major milestone today with the opening of a shelter for the defuelling of the former Soviet icebreaker service ship Lepse.