Tag: exim bank
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The Dragon lands in Belgrade: the drivers of the Sino-Serbian partnership
CHINA has become Serbia’s main partner outside the Western world, and the political ties between the two governments are intense. As US-China relations become divisive and ... -
Sri Lanka’s crisis-hit finance minister hopes for billion-dollar lifeline from India – Reuters
Express press service NEW DELHI: As Sri Lanka reels from a severe financial crisis, its finance minister Basil Rajapaksa has reached out to India for a ... -
How India can deal with ‘black swans’
As another black swan event has engulfed the world with Russia and Ukraine at loggerheads, it is a clarion call for economies like India to learn ... -
Exports will reach $414 billion: Exim Bank
Chenai: Despite geopolitical tensions, India, for the first time ever, is set to cross the $400 billion mark in exports this year, according to Exim Bank ... -
Data – The New Indian Express
Express press service NEW DELHI: India’s lines of credit (LOC) to its neighbors have quadrupled since 2014. From $3.27 billion in 2014, they rose to $14.7 ... -
Deputy CEO of Exim Bank urges women to embrace technology to compete in new frontiers
Deputy Managing Director of Ghana Exim Bank, Rosemary Beryl Archer Ghana Exim Bank (GEXIM) Deputy Managing Director, Head of Banking and Business Rosemary Beryl Archer has ... -
Sri Lanka’s central bank shrugs off demand for cash for fuel as economic crisis deepens
Sri Lanka’s electricity regulator had requested US$150 million from Sri Lanka’s central bank to import fuel for the next two months, but no response was received, ... -
Apply for Management Trainee Jobs at ibps.in
India Exim Bank (Export-Import Bank of India) has invited online applications for Management Trainee positions. Interested candidates can apply for the positions on the IBPS portal ... -
India’s SJVN signs papers for Rs 101 billion loan for Arun-3 hydropower project
India’s major hydropower group Satluj Jal Vidyut Nigam (SJVN) has signed documents to secure a loan of INR 63.33 billion (about Rs 101 billion) from a ... -
Can the G7’s B3W compete with China’s Belt and Road in Latin America?
In September 2021, a U.S. diplomatic delegation led by Deputy National Security Adviser Daleep Singh traveled to Colombia, Panama, and Ecuador as part of a “global ... -
World Bank and IMF loans to Nairobi rise as loan deals between Kenya and China shrink
By OTIATO GUGUYU The World Bank and International Monetary Fund (IMF) have stepped up lending to Kenya over the past three years, which has seen Chinese ... -
Sri Lanka in talks to acquire Indian military jets as island faces food, oil and medicine shortages
Sri Lanka is in talks with India to discuss a plan to acquire two military jets for the Sri Lankan Air Force, following a meeting last ... -
Abg Shipyard Bank scam: The ABG Shipyard scam: Inaction on red flags as India’s biggest bank fraud unfolds
ABG Shipyard, now credited with India’s biggest bank fraud, set up a transaction network to cheat a consortium of 28 banks out of Rs 22,842 crores ... -
NA Body Postpones FRDL, SOE, and Other Important Bills Until Next Meeting
ISLAMABAD – The National Assembly’s Standing Committee on Finance and Revenue on Monday postponed four important bills, including “The Fiscal Responsibility and Debt Limitation (Amendment) Bill, ... -
Sri Lanka, India, in talks to supply Dornier planes to the Lankan army
Sri Lanka is in talks with India to discuss a proposed acquisition of two Dornier jets for the Sri Lankan military, Sri Lankan Foreign Minister GL ... -
In talks with India on two Dornier planes: Sri Lanka FM
New Delhi and Colombo are discussing a proposal to supply two Dornier aircraft for the Sri Lankan army. In an interview with The Indian Express, Sri ... -
Africa Embraces Huawei Technology Despite Security Concerns | Africa | DW
Chinese tech giant Huawei faces headwinds in the Global North: Sanctioned by the US, it also faces legal hurdles in the UK and European Union (EU) ... -
In his address to Parliament, the President of the Maldives, Solih, underlines the role of India in the development
Delivering his speech at the opening session of the Parliament of the Maldives, President Ibrahim Mohamed Solih highlighted India’s role in the development of the country. ... -
Exim Bank extends $500m line of credit to Sri Lanka for purchase of petroleum products
The Export-Import Bank of India (Exim Bank) announced Thursday that it has granted a line of credit of 500 million dollars to Sri Lanka ... -
Why Exim Bank plans to lay off employees
By Alex Nelson Malanga Dar es Salaam. Exim Bank Tanzania announced this week that it intends to pull out amid technological improvements and business process overhaul. ... -
Transgaz will join the European hydrogen backbone
The Extraordinary General Meeting of Shareholders (EGMS) of Société Nationale de Transport de Gaz Transgaz approved the conclusion of a legal advisory agreement with a view ... -
JSW Infrastructure Exclusively Lists Its First $400 Million Sustainability Bonds on India INX
JSW Infrastructure Ltd. Lists First $400M Sustainability Bond Exclusively on India INX and Benefits from Reduced Withholding Tax Initially, JSW Infrastructure Limited (JSWIL), listed its USD ... -
Africa aims to become the next industrial hub
Ghana is already planning to become Africa’s next industrial hub with the government’s One District, One Factory plan. This statement was made by the CEO of ... -
Snow Lake Lithium presents to members of government as well as automakers such as Tesla, GM and Ford
MANITOBA, ON/ACCESSWIRE/January 20, 2022/ Snow Lake Resources Ltd., d/b/a Snow Lake Lithium Ltd. (NASDAQ:LITM) (“Snow Lake” or the “Company”), was honored to be invited to present ... -
Karnaphuli tunnel sees 77pc of work completed
The construction works of the highly anticipated Karnaphuli Tunnel under the Karnaphuli River aimed at connecting the town of Chattogram to the southern part of the ... -
Hungary spends 70 million euros to build 13 sewage treatment plants in Ghana
The Hungarian government has earmarked a €70 million loan facility for the construction of 13 wastewater treatment facilities in all regions of the country. This is ... -
Latest Update on Zungeru Hydropower Project in Nigeria
The 700 megawatt (940,000 hp) Zungeru hydropower project, located across the Kaduna River near the town of Zungeru in Niger State, northwestern Nigeria, is set to ... -
What is China’s agenda in Belarus?
In recent years, China has been strengthening its economic and political presence in Eastern Europe, as well as in the former Soviet republics of Central Asia. ... -
Indian banks become cautious on Sri Lanka exposures
As Sri Lanka grapples with a severe currency crisis, India’s major banks have become cautious and selective about their exposures to the island nation. Several institutions ... -
Leveraging Technology to Tap New Markets: Mohit Suri
To share Tweeter To share To share E-mail To share Listen to this article The government of Uttar Pradesh is proactively committed to assisting the state’s ... -
Pranav Gupta and Vineet Gupta, founders of Ashoka University, accused of fraud by CBI
The CBI has filed a complaint against the company, Pranav Gupta, Vineet Gupta and 10 others. New Delhi: Ashoka University co-founders Pranav Gupta and Vineet Gupta ... -
The uneven nature of India’s export growth
International trade saw a strong recovery in 2021 thanks to the easing of restrictions associated with the pandemic, economic incentives from governments and rising commodity prices. ... -
Securing the global digital economy beyond the Chinese challenge – TechCrunch
Ainikki Riikonen Donor The TechCrunch Global Affairs project examines the increasingly intertwined relationship between the tech industry and global politics. The push by countries at all ... -
Modi-Laha Chowk transmission line goes into service – myRepublica
KATMANDU, December 30: The new 132 kV Modi (Parbat) -Laha Chowk (Kaski) dual-circuit transmission line has come into service. Construction of the new Modi-Laha Chowk section ... -
Nine must-read 2021 climate change stories from around the world
From the way Indonesia treats its Elon Musks to the aftermath of the âunimaginableâ flooding in Germany, here is our pick of the best Climate Home ... -
VIA will hold a session for exporters on December 28
The Vidarbha Industries Association EXIM Forum will hold an awareness event focusing on âNew Initiatives from Indian Bank Exim, for Exportersâ on December 28 from 3:00 ... -
EXIM Bank provides the government of the Togolese Republic with a $ 40 million line of credit supported by the Indian government
The Reserve Bank of India (RBI) announced that the Export and Import Bank of India (Exim Bank) has entered into an agreement with the Government of ... -
AfDB blacklists major Chinese construction companies
The Asian Development Bank (AfDB) blacklisted three major Chinese construction companies for violating integrity rules and banned them from participating in Nepal’s key airport infrastructure development ... -
Raj government prepares women entrepreneurs through Niryatak Mission to boost exports
By Archana Sharma Jaipur, December 19 (IANS): Call it coincidence or luck that a department headed by a female Minister of Industry, Shakuntala Rawat, and a ... -
Buhari secures new $ 5.8 billion loan
From Fred Itua, Abuja the The Senate yesterday approved $ 5,803,364,553.50 and a grant element of $ 10 million as part of the 2018-2020 external borrowing ... -
I’m not proud to borrow – Minister Kasaija
Finance Minister Hon Matia Kasaija called on the public to voluntarily start paying their taxes, to avoid borrowing both internally and externally to finance the national ... -
EXIM Bank of India delegation visit SL, review progress of water supply projects
A 3-member team from the Export Import (Exim) Bank of India visited Sri Lanka from December 7-9, 2021 to review the progress of the integrated water ... -
US EXIM Bank issues Ironbark Zinc (ASX: IBG) with preliminary financing approval
Strong points US EXIM issued a Preliminary Project Letter (PPL) to Ironbark offering up to US $ 657 million in debt financing to underpin the development ... -
Digital citizens are at the heart of the neo-banking model
The crucial skills that will help create the bank of the future are those focused on creating digital, customer-centric core banking offerings. This was the word ... -
The China-Laos railway now connects the cities of Kunming and Vientiane
Photo: Pan Longzhu / Xinhua The China-Laos railway connecting Kunming and Vientiane officially opened yesterday. The opening coincided with the 60th anniversary of the establishment of ... -
Ironbark Zinc Ltd Reaches Funding Milestone for Citronen Zinc Project After Positive BFS
Ironbark Zinc Ltd’s (ASX: IBG) Citronen Zinc Project in Greenland became the world’s first stand-alone project application to qualify for 402 (A) Preferred Support status under ... -
Webinar on the future of banking
On the theme ‘The Megatrends Reshaping Africa’s Banking Sector’, the 2021 Future of Banking webinar welcomes financial leaders from across the continent to discuss the rapidly ... -
China’s debt trap strategy: Uganda set to lose only international airport to Beijing, World News
Uganda could soon join the list of countries victims of the famous technique of the Chinese debt trap. The country’s only international airport, Entebbe International Airport, ... -
Ghana: finally, Bost takes delivery of pipes from the United States
Tema – After 12 years of delay, Bulk Oil Storage and Transportation Company Limited (BOST) on Tuesday accepted a batch of pipes from the United States ... -
BOST Takes Delivery of US Tema-Akosombo Pipelines After 12-Year Setback | Economic news
After a twelve-year delay, Ghana, through Bulk Oil Storage and Transportation Company Limited (BOST), has taken delivery of 12-inch pipelines from the United States of America, ... -
In a word . . . Wisdom
Women and bikes are not what you expected anymore. (May be?) A recent 1937 report elicited a plaintive response from your humble scribe: âThe more things ... -
Hope for Mambilla project as Sunrise Power waives $ 500 million penalty for Nigeria
Sunrise Power Transmission Company of Nigeria Ltd (SPTCL) has agreed to waive the $ 500 million penalty charges incurred by the federal government for several breaches ... -
Representatives approve $ 16.230 billion, external loan of € 1.020 billion, grant of $ 125 million
The House of Representatives on Tuesday approved $ 16,230,077,718 and ⬠1.020 billion for the 2018-2020 external borrowing plan, as requested by President Muhammadu Buhari. The ... -
Banque du Sud-Est fined Tk 10 lakh for overinvestment in shares
The Bangladesh Bank fined South East Bank 10 lakhs for overinvestment in shares of a single company in violation of the Banking Companies Act. The bank ... -
Exim Bank of Hungary finances water and agricultural projects in Rwanda
Exim Bank of Hungary has announced its intention to finance water supply and agriculture projects in Rwanda. Hungarian Foreign Minister Péter Szijjártó made the announcement and ... -
Selina Hossain and Fatema Abedin to receive the 2021 Humayun Ahmed Lit Prize
The awards will be presented to the winners at the award ceremony to be held on November 12 at the Sahitya Bisharad Hall of Bangla Academy ... -
IT Park will offer 15,000 job opportunities
Islamabad: The IT park will provide employment opportunities for around 15,000 IT experts, students and industry-related professionals after its completion. The foundation stone for Park was ... -
Bangladesh signs $ 1.13 billion deal with China for Dhaka-Ashulia highway
The 24-kilometer highway will be constructed from Shahjalal International Airport to the Dhaka Export Processing Zone near the Nabinagar-Chandra Highway via Abdullahpur, Ashulia and Baipail. China ... -
Nigeria: Aliyu – Nigeria underutilizes its 13,000 MW due to transmission and distribution problems
The Minister of Energy, Mr. Abubakar Aliyu, lamented that due to challenges related to distribution and transport, the country has continued to under-utilize its 13,000 MW ... -
Completion of 700 MW Zuguru plant by December, FG orders subcontractors
Posted 24 October 2021 The federal government has asked the contractors managing the 700 megawatt Zungeru hydroelectric project to ensure completion of the facility by December ... -
FG wants Zungru power project to be completed by December
The Federal Government (FG) has tasked the contractors who run the Zungeru power project to guarantee its completion by the December 2021 deadline. He assured that ... -
Komenda Sugar Factory will rebound in February 2022
President of Ghana, Nana Addo Dankwa Akufo-Addo ⢠The sugar processing company was built from a facility of the Indian bank Exim ⢠It was closed ... -
Ghana: 1D1F – President Akufo-Addo inspects the works of a central oil mill 95% complete
The President of the Republic, Nana Addo Dankwa Akufo-Addo, inspected the works of Central Oil Mills Limited, an all-Ghanaian agribusiness company located in Jukwa Mfuom / ... -
Reading: PM Express discusses Komenda sugar factory and the role of politics
The Komenda sugar factory, built from an Indian Exim Bank facility by the former Mahama government, has not operated since it came on stream in 2016. ... -
“The 2020 elections were one of the worst we have had since 1992” – Mahama
The National Democratic Congress (NDC) flag bearer for the 2020 elections, John Dramani Mahama, has dealt a blow to the Election Commission of Ghana over the ... -
The Fiji Times »Fiji owes ADB $ 924 million
Fiji owes $ 924 million to the Asian Development Bank, the economy ministry’s 2020-2021 annual debt report revealed this week. The report said Fiji had an ... -
Tanzania: court asks Arusha Rpc to arrest three bank debtors
The High Court of Tanzania (Commercial Division) in Dar es Salaam asked the Commander of the Arusha Regional Police (PRC), Justin Masejo, to arrest three debtors ... -
Residents of Chittagong City to Benefit from Long-awaited Sewage System
Congestion left commuters wading ankle-deep in water to reach their destinations as private vehicles and public transport found themselves stranded on roads from the Muradpur area ... -
Government launches process to fill independent director positions in PSBs and FIs
The government has initiated the process of filling approximately 100 vacant independent director positions in public sector banks and financial institutions to meet regulatory standards for ... -
Exim Bank targets 8-10% loan growth in FY2022, CEO Harsha Bangari says
Export-Import Bank of India (Exim) Bank is forecasting 8-10% growth in its loan portfolio in the current fiscal year, a senior bank official said on Thursday. ... -
Construction of the 220 kV Koshi-1 corridor set completed – myRepublica
KATMANDU, October 7: The construction of Package 1 of the 220 kV transmission line in the Koshi Corridor is completed. As part of the construction of ... -
Moody’s raises rating outlook to stable for 18 companies, banks, including RIL, SBI
New Delhi: Moody’s Investors Service on Wednesday raised the rating outlook for 18 Indian companies and banks, including Reliance Industries, Infosys, SBI and Axis Bank, from ... -
Let’s change the discourse on Africa in the United States, ”says African Development Bank president to African diplomats in Washington
African Development Bank President Dr Akinwumi A. Adesina said a concerted effort to change the discourse on Africa in the United States is needed to attract ... -
The story of the rebirth of Darko Farms under the government 1D1F program
As part of the government’s industrial transformation program, implemented by the Ministry of Trade and Industry, Darko Farms Company has been identified as one of the ... -
Banks offering loans to farmers and farms
In Bangladesh, agriculture is the largest employment sector, accounting for 14.2% of the country’s GDP in 2017 and employing around 42.7% of the labor force. The ... -
One District, One Factory initiative revitalizes Darko Farms
President Akufo-Addo visited the premises of Darko Farms, the oldest and largest private poultry farm in Ghana. The president visited the facility, whose operations were reorganized ... -
Transparency needed in currency allocations | Editorial
At the root of the unpleasant exchange between businessman Inshan Ishmael and Prime Minister Dr Keith Rowley is the very serious problem of the distribution of ... -
Exim Bank appoints ex-chief of Mida Azman Mahmud as chairman | Money
Datuk Azman Mahmud speaks during a press conference at the Malaysia Nikkei Business Forum 2017 at the Mandarin Oriental Hotel in Kuala Lumpur on November 30, ... -
Exim Bank Ghana: background, objectives and products, branches, CEOs, latest updates ▷ Ghana news
Banks are an integral part of the financial system. They provide checking accounts, savings accounts, credit cards, loans, mortgages, and other financial services. Banks also act ... -
The government approves the continuation of the NEIA program, an injection of Rs 1,650 cr over 5 years
The Union Cabinet on Wednesday approved the continuation of the National Export Insurance Account (NEIA) program and the injection of a subsidy of Rs 1,650 crore ... -
Barita subsidiary buys Eden Gardens property for $ 470 million | Business
Eden Gardens, the small Kingston hotel, the unique venue and home for a suite of businesses owned and operated by entrepreneur and researcher Dr Henry Lowe, ... -
AG’s Report 2019 Series 2: EXIM Bank Should Balance Financial Achievements With Mandated Targets
KUALA LUMPUR (September 28): Export-Import Bank of Malaysia Bhd (EXIM Bank) has generally achieved its set targets through achievement of set targets, but they need to ... -
PAC asks finance ministry officials about delayed projects | New times
Taxpayers incur costs on projects for which the government has obtained loans but have not started or their execution has suffered significant delays. Parliament’s public accounts ... -
Double track railway from Bogura to Sirajganj under LoC soon
A new direct rail link from Bogura to Shahid M. Mansur Ali station, Sirajganj, will be developed under a Line of Credit (LoC) from India in ... -
Double track railway from Bogra to Sirajganj under LoC soon
A new direct rail link from Bogura to Shahid M. Mansur Ali station, Sirajganj, will be developed under a Line of Credit (LoC) from India in ... -
Concerns over Zimbabwe’s mortgage resources
BY BRIAN CHITEMBA ZIMBABWE’s economy remains under threat of exploitation as the government continues to mortgage natural resources to secure loans, according to Veronica Zano, head ... -
Spending of trade finance giants to explode || Societe Generale, China Exim Bank, BNP Paribas
The trade finance market has seen continuous growth over the past few years and is expected to grow further during the forecast period (2021-2026). The assessment ... -
Bank loans through agent banking amount to 15.63% of deposits in the end of June quarter
An archive photo shows the headquarters of the Bank of Bangladesh in Motijheel in the capital. Banks’ loan disbursements through their bank branches accounted for 15.63% ... -
NBCC wins contract for Rs 968 cr in Maldives to build 2,000 apartments
Outlook September 24, 2021 7:49 PM IST NBCC wins contract for Rs 968 cr in Maldives to build 2,000 apartments perspectivesinde.com 1970-01-01T05: 30: 00 + 0530 ... -
Despite COVID-19 and other issues, we are ahead of export target: Minister of Commerce
Ministry of Commerce and Industry Despite COVID-19 and other issues, we are ahead of export target: Minister of CommerceUnion Minister Piyush Goyal interacts with bankers and ... -
Nigeria: Uncertainty as Lagos Airport Terminal Project Shuts Down and Contractor Gives Up Work
There is uncertainty over the completion date of the new state-of-the-art terminal at Murtala Muhammed International Airport (MMIA), Lagos, reports the Daily Trust. The project funded ... -
How much money does Serbia owe China? The figure could rise to 15 billion euros
Serbia’s debt to China currently stands at 1.2 billion euros according to official data, but experts have warned that this figure could increase with the planning ... -
Senate begins work on Buhari’s external loan application
The Senate began legislative work at President Buhari’s request for approval of multinational fund projects under the federal government’s 2018-2021 external borrowing plan. Recall that President ... -
Nigeria’s debt to W’Bank stands at $ 11.51 billion
Of Isaac anumihe, Abuja Among President Muhammadu Buhari’s request for a new $ 4 billion loan and the controversies that followed, the latest files have shown ... -
NASS plots against new FG loans
Of Fred Itua, Abuja Indications have emerged that some lawmakers are on the verge of going to war with the federal government over plans to borrow ... -
Issuers invited to speed up the listing of perpetual bonds
EF Report | Posted: Sept. 19, 2021, 10:11 a.m. The securities regulator has asked issuers to speed up the process of listing perpetual bonds on the ... -
The presidency lists the projects to be financed with a new loan of 4.9 billion dollars
The Muhammadu Buhari administration said the new external loans of $ 4.9 billion would finance 15 projects in six geopolitical zones. Garba Shehu, the president’s senior ... -
Commercial Finance Market Size Growth Forecast 2020 to 2025
A commercial finance market research study analyzes and offers comprehensive research ideas on the old and recent size of the trade finance market. With the estimated ... -
New loans of $ 4.9 billion: Buhari and Osinbajo areas get the highest project allocations
Posted September 18, 2021 ⢠The North-West and the South-West are ahead of the other regions with four megaprojects ⢠Six areas listed as beneficiaries of ... -
Methods Sought to Alleviate Airline Liquidity Tight
Finance Minister Arkhom Termpittayapaisith urged the Bureau of Fiscal Policy and the Bank of Thailand to jointly explore ways to relax some of the criteria for ...