The G20 has given hope to those wishing to see multilateral development banks increase their lending by stretching their capital further. If a breakthrough is made, ratings will be a crucial part of it.
The economies in the EBRD’s ambit may be enjoying a growth bounce-back after Covid-19 but economists are worried that the long-term scarring caused by the pandemic could leave EM behind
Interest rate hikes by Hungary and Czechia have set the tone for CEE central banks’ attitudes towards rising inflation amid signs that the US Federal Reserve is moving to tighten monetary policy
After initially falling behind the pace set by the European Investment Bank, the EBRD has this week accelerated its target to align with the Paris Agreement on climate change by the end of next year
The historic deal by the G7 for a 15% minimum global corporate tax rate may deliver little benefit to emerging markets, campaigners fear
A lack of reliable data is holding back the growth of sustainable finance, which may also be crimped by the European Union’s €800bn Next Generation EU programme that will flood the market with green bonds
European institutions are at risk of having to bail out countries in the Balkans that take out loans from China that come with strings attached but which often fail to deliver the promised infrastructure projects, experts have warned
After four decades of focus on lending to governments, the UN’s agricultural development fund is about to branch out into loans to the private sector
France’s central bank governor sounds the alarm over the risk facing European monetary sovereignty posed by digital payments infrastructure, particularly the one being set up in China
A mass resignation at the National Bank of Ukraine on Wednesday has threatened to put yet another roadblock on path to an IMF funding package, triggering concerns about Ukraine’s access to much-needed financing.
While far from over, the Covid-19 crisis has been going on long enough to start to evaluate the response to it by MDBs. According to experts, it has been hit and miss
The EBRD hopes to launch its push into sub-Saharan Africa next year, its managing director for the Southern and Eastern Mediterranean region said this week, as the ravages of Covid-19 in the region stymie hopes of a 2021 launch.
As EU sanctions on Belarus sovereign take effect this week, market players told GloblalCapital’s sister title GlobalMarkets that the measures may simply push the former Soviet state closer to Russia and further from the West.
Hungary, Poland and Romania are ranked in the top quarter of a new index of financial risk. Nomura says that countries should act now to reduce the risk of a crisis hitting within the next three years.
Sudan could see up to $50bn of its debt written off following agreement with bilateral lenders, multilaterals and commercial creditors, potentially turning an important corner in its return to the international fold
The arrival of a new president of the EBRD has not pointed to any change in the bank’s frosty relationship with Russia, which economists believe faces a depressing outlook for economic growth.
Investors shrugged off warnings from the US Federal Reserve over tighter monetary policy to lap up tightly priced issues by emerging European sovereigns this week.
Investment analytics firm Impact Cubed has launched a new ranking for ESG impact based on which countries are improving fastest — an important factor when considering the view that those that demonstrate ESG leadership will attract more investment.
The EBRD is speeding up its programmes to help countries embrace digitalisation that has the potential to help overcome the impacts of the pandemic on their economies
The debate over the idea of creating a unified European development bank missed an opportunity raised by the G20 to establish an insurance guarantee agency, one industry expert tells GlobalMarkets
A hedging company and the EC have teamed up to make swaps more affordable in frontier markets
Special Daily Edition
Virtual, Thursday, July 1, 2021
Special Daily Edition
Virtual, Friday, July 2, 2021
The European Union’s new green grammar book is multiplying the impact of climate finance. From funding to lending to innovation, the EU Taxonomy is helping embed climate throughout the European Investment Bank’s activities.
Amid exceptionally challenging global conditions, Egypt’s largest private sector bank revealed resilient performance in 2020, delivering top-line growth.
Covid brings unexpected
positives for Kazakhstan
The oil-rich nation took a blow from the global pandemic, but Kazakhstan is getting back on track
Capital markets and sustainability key pillars of Uzbekistan’s growth and development plan
Uzbekistan is committed to improving its productive capacity and institutional strength on the way to achieving sustainable economic development.
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