The funds will be channelled through Bank of Palestine, The National Bank, Quds Bank, CairoAmman Bank and Palestine Investment Bank to expand access to credit through local financial intermediaries.
According to the Authority, UnitedCapital may eventually operate under up to four licence categories, including investment banking and collective investment scheme management ... banking licence.
A range of Bulgarian businesses will be eligible for around €340 million in financing under a new agreement between the European Investment Bank (EIB) Group and Allianz Bank Bulgaria.
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The Asian Infrastructure Investment Bank (AIIB) and Standard Chartered have signed a USD100 million agreement under AIIB's trade facilitation initiative to support infrastructure-related trade flows into emerging and frontier markets.