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Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
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Two groups of finance ministers and one of experts set out how multiplying climate investment would create millions of jobs and save lives
World Bank online dashboard helps countries evaluate targets
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China Construction Bank has appointed respected senior banker Tian Guoli as chairman and executive director, effective Monday, the lender has said in a Hong Kong stock exchange filing. -
Turkey’s fourth largest private bank Yapi Kredi signed a $1.36bn syndicated loan with 37 banks on Monday.
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Tata Motors has enlisted six banks for a $850m refinancing exercise that will consolidate two earlier borrowings.
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Yanggu Xiangguang Copper has rolled out a $100m syndicated loan with one lender leading the deal.
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Banks that committed to a $250m loan for Saka Energi Indonesia, the upstream oil and gas arm of Indonesian state-owned Perusahaan Gas Negara, can expect to be scaled back after $285m of pledges came in by the end of general syndication.
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Indian state-owned company Power Finance Corp (PFC) has sent a request for proposals for a loan of up to $300m, seven months after a failed attempt to raise $100m-equivalent from a 10 year deal.
