The Inter-American Development Bank (IDB) has approved a loan for El Salvador for a total amount of 100 million dollars (92.3 million euros) to support the growth of micro, small and medium-sized companies in the country, in line with strengthening its productive fabric.
As explained by the bank in…
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Brussels disburses 1 billion euros in aid to Ukraine
The economic vice-president of the European Commission, Valdis Dombrovskis, announced on Monday that "this payment of 1,000 million euros is the first part of our macro-financial assistance package of 9,000 million euros to help Ukraine…
CAF approves seven loans for the economic recovery of Latin America
CAF approved the disbursement of 1,650 million dollars corresponding to seven loans destined to support the economic development of Latin America and the Caribbean, with Argentina, Brazil, Paraguay, Peru and Trinidad and Tobago as…
IDB grants loan to Chile for energy transition
The Inter-American Development Bank (IDB) approved a $300 million loan to support the energy transition process in Chile, according to a statement.
This is the second and last operation of a policy reform support program in the Andean…
Goldman Sachs granted a loan to Coinbase
Cryptocurrency exchange Coinbase recently revealed that it secured special bitcoin-backed funding from Goldman Sachs.
The objective of this transaction was generated to strengthen the ties between the world of digital assets and…
IMF will provide economic support to Panama
The International Monetary Fund (IMF) has approved a precautionary and liquidity line of $ 2.7 billion in favor of Panama to face the Covid-19 pandemic and act as insurance in case of extreme external impacts, as reported by the agency…
Panama will receive a loan from the World Bank
The World Bank approved the granting of a 300 million dollar loan to Panama to support the government's response to the health crisis and economic recovery.
The game will support the country's initiatives to invest in better health and…
Bank of Russia grants first payment in cryptocurrencies
Russia's Expobank made history this week after granting the first cryptocurrency-backed bank loan.
This exchange and payment promise was made through the waves token. According to manager Tanzila Yandieva, this transaction "is a precedent…
IDB approves loan to support Bolivia
The Inter-American Development Bank (IDB) approved a $ 130 million loan to support the short-term financial sustainability of micro, small and medium-sized enterprises in Bolivia, in the context of the crisis caused by the pandemic and its…
Argentina promises debt restructuring with bonds
Just 48 hours after the health crisis was decreed, Prime Minister Elyes Fakhfakh announced a package of measures worth 800 million euros to alleviate this situation, all backed by the International Monetary Fund.
This international…
Adidas prepares a credit line of 3,000 million euros
German clothing and sports equipment manufacturer Adidas is finalizing the details of a € 3 billion credit line in which a majority of KfW, the German ICO, will participate, the company said in a statement.
Specifically, the German public…
Argentina will receive 300 million dollars
The World Bank will grant Argentina a total of $ 300 million between 2020 and 2021 for the coronavirus crisis.
This has been confirmed by the Government of Alberto Fernández after a videoconference meeting with the bank's vice president,…