Georgia’s TBC Bank marked a year of its debut international business expansion into Uzbekistan with major partnerships from institutional investors, with further international markets now potentially in the bank’s sights.
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Qatar National Bank Group has signed a €1.75bn term loan from a syndicate of banks, while Fitch Ratings has put the country’s banking sector on negative watch, with the increased amount of overseas debt taken on by the banks a significant factor.
BNP Paribas hires 100 bankers for carbon transition group
From an airport upgrade in Bulgaria, to a high-speed railway in Serbia, the latest wave of transport projects in Central and Eastern Europe aim to help the region move towards carbon neutrality.
Carbon price floor inches closer on German coalition
This year, the CEEMEA syndicated loans market remains slower than usual, with levels of activity comparable to 2020, and ESG KPIs nearly a prerequisite.
Cédric Derras, the new head of CIB for MEA, will support a mix of European and GCC clients, as the bank works to strengthen its international network.
Loic Morel and Dr Sherif El Sayed Ayoub both joined the Corporation in 2019.
Emerging market economies face an unprecedented wall of debt, as the World Bank warned that the largest and broadest surge in credit has brought the amount outstanding to a record high.