With the value of the EV battery market projected to reach $133.5bn by 2027, it was…
Topic: development banks
Development banks’ loan and investment activities in Russia, Kazakhstan, Azerbaijan and Central Asia
Mongolia joins ADB currency-linked bond wagon
Mongolia has raised $7m development capital through an ADB currency-linked bond issue for a sustainable milk…
China puts weight behind AIFC and Kazakh plans for regional financial hub
Kazakhstan’s ambitions to establish the Astana International Financial Centre’s (AIFC) as a banking and investment hub…
World Bank spells out dangers of Russia’s pivot towards the east
The economic transformations taking place in China and India are having subtle and indirect impacts on…
IFC signs up insurance giants to tackle Asian infrastructure needs
The IFC yesterday announced that it had teamed up with the Prudential’s Asian asset management business…
Swelling AIIB membership set to add to Beijing's international influence
About 25 African, European and South American countries are set to join the China-led Asian Infrastructure…
World Bank urges Russia to diversify
Russia needs to improve its investment climate, diversify its oil-dependent economy and boost productivity growth if…
ADB forecasts India to lead economic growth as China and SE Asia slip
ADB forecasts: Brisk consumer spending and the growth of its rural economy will help the Indian economy outperform…
AIIB membership set to rise by over 50%, President predicts
AIIB membership: The number of AIIB member states is likely to rise from 57 to almost 90…
Auchan opens first Tajik hypermarket in ‘revolution’ for food security
France’s international retail group Auchan yesterday opened the very first Tajik hypermarket – and the company’s first…
EBRD signs MoU with Silk Road Fund in boost to One Belt One Road initiative
The European Bank for Reconstruction and Development (EBRD) yesterday signed an MoU with Beijing’s Silk Road Fund in…
AIIB membership set to hit 100 by year end, predicts president
AIIB membership: The 57-strong Asian Infrastructure Investment Bank (AIIB) will have almost 100 member countries and regions…
Iran’s GDP set to rise 4-5% – IMF
Iran’s GDP could enjoy a growth rate of between 4 and 4.5% following an increase in…
Tajikistan looks to EBD to fund Nurek Hydro Power plant
Tajikistan is negotiating with Eurasian Development Bank (EDB) and several other financial institutions to raise the…
Development banks use Turkey’s BOTAS to pump $2bn into TANAP
BOTAS: The World Bank and the European Investment Bank (EIB) are planning to put $1bn apiece…
ADB lending hits record high
ADB lending hits record high: ADB lending surged to a record $27.17bn last year as efforts…
World Bank and AIIB sign first co-financing agreement
Jim Yong Kim and Jin Liqun, respectively presidents of the World Bank and AIIB, have signed their…
Chinese economy set to slow 6.7%, World Bank predicts
The World Bank expects the Chinese economy to slow to 6.7% in 2016, the bank said in…
World Bank predicts Central Asian stagnation and urges cooperation
Central Asian stagnation: The economies of Europe and Central Asia continue to face difficult headwinds in an…
Hong Kong getting ready for AIIB membership by end of year
Hong Kong will take a bigger role in the internationalisation of the yuan and multi-billion fund…
Kremlin officials get down to work on $20bn VEB bailout package
VEB bailout: Having announced earlier this week that it was to allocate $2bn to the troubled…
‘India’s star shines bright’, Lagarde tells Advancing Asia summit
With a young workforce and its continuing commitment to policy reform, India has not only emerged…
Almaty looking to borrow $8bn to fund Kazakh road construction programme
Kazakh road construction: Kazakhstan is looking to raise $8bn in loans to fund its 4,700km road construction…
AIIB appoints five vice presidents
The AIIB has appointed five vice presidents, its President Jin Liqun announced last week. The five…