Sunday 28 December 2014
 
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European Bank for Reconstruction and Development

European Bank in $1.27bn Mena fund deal

European Bank for Reconstruction and Development shareholders agreed a 1 billion euro ($1.27 billion) special fund for the Mena region on Saturday ahead of full-scale expansion into the region, the EBRD said in a statement. The fund will b

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EBRD plans Arab expansion, Russia urges caution

The European Bank for Reconstruction and Development (EBRD) agreed on Saturday to begin the process of expanding lending into the Mena region, following a string of popular revolts in the Arab world. The expansion has been supported by the

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