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Tag: loan

China agrees to roll over B loan to Pakistan: Finance Minister
Economy

China agrees to roll over $2B loan to Pakistan: Finance Minister

February 29, 2024February 29, 2024

China has rolled over a $2 billion mortgage to neighboring Pakistan, the nation’s caretaker Finance Minister Shamshad Akhtar confirmed in a response to Reuters on

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EBRD extends 0M loan for Türkiye’s quake-hit zone restoration
Economy

EBRD extends $100M loan for Türkiye’s quake-hit zone restoration

January 31, 2024

The European Bank for Reconstruction and Development (EBRD) is offering a mortgage of as much as $100 million (TL 3.03 billion) to Türkiye’s electrical energy

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Türkiye’s Ziraat inks .9B loan deal with Deutsche Bank
Business

Türkiye’s Ziraat inks $1.9B loan deal with Deutsche Bank

January 1, 2024January 1, 2024

Ziraat Bank stated it signed a 1.75 billion euro ($1.9 billion) mortgage take care of Deutsche Bank for as much as 5 years Friday, reflecting

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Türkiye ramps up financing by 10-fold to help boost exports
Economy

Türkiye ramps up financing by 10-fold to help boost exports

September 12, 2023September 12, 2023

Türkiye’s central financial institution on Tuesday doubled the banks’ day by day restrict to increase rediscount credit to assist exporters’ entry to financing, in a

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World Bank, Türkiye ink deal on B in funding for quake recovery
Economy

World Bank, Türkiye ink deal on $1B in funding for quake recovery

September 3, 2023September 3, 2023

Türkiye and the World Bank struck a $1 billion finance settlement Friday, aimed toward facilitating the World Bank’s help for the nation’s earthquake-devastated southeastern area.

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IMF green-lights .5 billion for Argentina despite poor progress
Economy

IMF green-lights $7.5 billion for Argentina despite poor progress

August 24, 2023August 24, 2023

The government board of the International Monetary Fund (IMF) has permitted a $7.5 billion disbursement for Argentina though Buenos Aires fell in need of key

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US govt extends 0M loan for Türkiye’s quake zone development
Economy

US govt extends $100M loan for Türkiye’s quake zone development

August 18, 2023August 18, 2023

A Turkish non-public lender and the U.S. authorities’s improvement finance establishment on Friday introduced they’d signed a $100 million mortgage settlement geared toward supporting Türkiye’s

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EBRD extends fresh 9M loan tailored for Türkiye quake region
Business

EBRD extends fresh $109M loan tailored for Türkiye quake region

August 4, 2023August 4, 2023

Europe’s growth financial institution on Friday mentioned it was offering a $109 million mortgage to the biggest non-public lender in Türkiye for on-lending to companies

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Europe’s banks turn to bespoke loan trades to offload risks
Business

Europe’s banks turn to bespoke loan trades to offload risks

April 5, 2023April 5, 2023

European banks are more and more resorting to bespoke offers with buyers reminiscent of hedge funds to dump a few of the dangers related to

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China handed 0B bailout loans to ‘Belt and Road’ countries: Study
Economy

China handed $240B bailout loans to ‘Belt and Road’ countries: Study

March 28, 2023March 28, 2023

China has supplied $240 billion in bailout loans to 22 growing nations between 2008 and 2021, hovering in recent times as extra have struggled to

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