Selena gets EBRD loan to expand its construction chemical business in Kazakhstan

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Incentive grants are available as a complement to EBRD financing and are payable after the installation and commissioning of the eligible resource efficiency technology. Grants can sponsor up to 15 per cent of the cost of a specific technology. Technical support. FINTECC provides organisations in Kazakhstan with a range of technical support.

In December of 2014 the European Bank for Reconstruction and Development (EBRD) upped its support for Kazakhstan’s private sector through a KZT10 billion five-year loan to Bank CenterCredit scheduled for on-lending to micro, small and medium-sized enterprises.

With a representative office in Istanbul, the Bank will expand its established trade finance, syndicated loans and correspondent banking businesses across the region. A representative office in Turkey will also facilitate the penetration of other Scotiabank business lines,

sPower Gets $434M in Financing for Its Beacon Solar Projects The financing "allows us to reduce our cost of capital and frees up resources to pursue additional projects," SPower CEO Ryan Creamer said in the statement. "The transaction demonstrates the finance community’s interest in renewables." The loan will support 25 solar assets. SPower owns or


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Islamic finance is gaining prominence as a channel for China to expand its economic influence abroad as banks strengthen ties with Muslim-majority countries and Chinese companies start to tap offshore pools of Islamic funds. With a Muslim population of about 20 million, China has little reason to develop Islamic banking at home.

“All the Black Sea ports are going through bad times in terms of cruise ships, but even under these circumstances, the port of Constanta has maintained its position as destination number one in the Black Sea.” The Constanta port authority plans to expand its passenger terminal when business returns, explained Tilvilichi.

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Bangladesh is getting into business process outsourcing. released an update and expansion of the OECD-WTO Trade in Value Added. Kazakhstan to identify inefficient regulations that are hindering.. EBRD has broadened its reach to invest in Southern and Eastern.. loans to build infrastructure.

BTA, Kazakhstan’s third largest bank and the one with the highest level of NPLs in the country, underwent its second debt restructuring at the end of 2012 and is being merged with Kazkommertsbank in 2014. Economic growth will be moderate in 2014.