In June 2019, the annual growth rate of total credit extended to the domestic economy stood at -0.3% from 0.1% in the previous month, while the monthly net flow was negative at €171 million, compared with a negative net flow of €597 million in the previous month.
Tören Gıda, a family-owned Turkish confectionary manufacturer, will expand production with the help of a US$1 million loan provided jointly by the EBRD and Turkiye Sinai Kalkinma Bankasi (the Industrial Development Bank of Turkey or TSKB).
From 14.09.2019. changes to the Bank's Payment Terms and Conditions in the Online Banking section will apply, related to the application of the legal requirements for the in-depth identification of payment service users in online banking.
Mr. Andrea Enria, Chair of the Supervisory Board of the Single Supervisory Mechanism (SSM) at the European Central Bank, visited Athens and the Bank of Greece.
Small and medium-sized enterprises in south-eastern Europe will benefit from a €10 million equity investment by the EBRD in the Invera Private Equity Fund.
United Bulgarian Bank, part of the Belgian KBC Group, is the winner of the Bank of the Year Award, awarded by the Bank of the Year Association, at the official ceremony on July 3, 2019 in Sofia.
Sopharma AD notifies that for June 2019 the Company recorded an increase in sales of 1% compared to the same month of 2018, incl. 6% decrease in sales for the domestic market and 7% growth in export sales.
The European Bank for Reconstruction and Development (EBRD) is providing a €4 million loan to Georgia’s vertically integrated, modern poultry farm, Chirina LLC to finance the increase of their current production capacity by 50 per cent.
Based on provisional data, the balance of travel services in April 2019 showed a surplus of €200 million, compared with a surplus of €209 million in April 2018.
Individual investors in Bulgarian stocks, customers of UBB, will be able to buy and sell the stock without paying fees to intermediaries and institutions
Sopharma AD (3JR: “BSE-Sofia” AD, SPH: Warsaw Stock Exchange) notifies that for May 2019 the Company recorded an increase in sales of 22% compared to the same month of 2018, incl. 1% increase in sales for the domestic market and 36% growth in export sales.
According to provisional data, in 2018 nominal prime office prices increased on average by 7.0% relative to 2017 for the country as a whole, against an increase of 1.8% in 2017.
Moroccan small businesses are set to benefit from finance to invest in greener, energy, and resource efficient solutions, which will boost their competitiveness and integration in local and international markets.
Cannabis Growth Opportunity Corporation is pleased to announce a new investment within its private portfolio in MKK Canada Corporation, a burgeoning cannabis supplier in North Macedonia.