European Bank for Reconstruction and Development (EBRD)
Advancing sustainability post-COP29
The Central Bank of Azerbaijan is striving to assist the domestic and international transition to a greener economy, writes its governor, Taleh Kazimov
People: Kuwait’s sovereign wealth fund gets new managing director
Korean president nominates head of financial supervisor and EBRD gets new corporate strategy chief
People: Erdoğan fires deputy governor
IMF hires new finance director; new deputy governors at Nepal central bank; and more
Baltic central banks aim for joint commercial paper market
Estonian, Latvian and Lithuanian central banks to work with EBRD on creating short-term debt market
EBRD commits to 50% green investment policy
Three candidates from European finance ministries compete to become bank’s next president
People: EBRD appoints new chief economist
Slovakia and Sweden reappoint board members; Spain names new director-general of services
People: Albania appoints new deputy governor
Luljeta Minxhozi joins Bank of Albania; Netherlands Bank loses chief investment officer; Chile appoints first technology manager; and more
The IFF China Report 2018: The Belt and Road Initiative
China’s signature Belt and Road Initiative (BRI) now includes 71 countries, with trillions of dollars of investment allocated. Leading Chinese and international policymakers explain how BRI efforts are progressing. This section includes an inaugural…
A route to economic growth – The Belt and Road Initiative 2018 survey
To mark the fifth anniversary of the Belt and Road Initiative (BRI), the IFF – in collaboration with Central Banking – conducted its inaugural Belt and Road Survey of central banks from more than 25 countries and regions. The survey examines BRI…
Poland nominates Belka as EBRD president
Poland’s government proposes central bank governor Marek Belka as president of the EBRD and appoints his nominee to the central bank’s board
Hungarian ‘bad bank’ gets Brussels go-ahead
European Commission authorises Hungary’s ‘bad bank’ to begin purchasing distressed real estate assets; Hungarian government and EBRD to buy up part of Erste Group operations
Research shows CEE firms bribe bankers to get credit
Paper finds correlation between the prevalence of bribery in an economy and firms' bank debt ratios - suggesting firms bribe bank officials in order to secure loans
Former CNB governor fails in bid to become mayor
Former Czech National Bank governor Zdenek Tůma loses out in race to become Prague’s next mayor
CNB’s Tůma denies reports he will head EU systemic risk board
Governor Zdeněk Tůma parries claims in Czech daily that he would be the founding head of the European Systemic Risk Board
CNB’s Tůma ends term seven months early
Czech National Bank governor to step down in June to stagger terms of board members
World Bank unit launches $5 billion bad-debt fund
Debt and Asset Recovery Program (DARP) will debt and asset recovery in both middle income countries and in smaller, poorer developing countries
Bosnia eases reserve requirements
The Central Bank of Bosnia and Herzegovina on Thursday moved to relax its monetary stance in a bid to encourage banks to lend more.
Development banks pledge €24.5bn to east Europe
The World Bank, the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank on Friday agreed to lend up to €24.5 billion ($31 billion) to support banks in central and eastern Europe hit by the crisis.
EBRD gives gloomy outlook on eastern Europe
Growth is set to falter across most of central and eastern Europe next year, with two of the three Baltic states likely to contract, the European Bank for Reconstruction and Development (EBRD), said on Tuesday.
Multilateral agencies begin Georgia mission
Officials from multilateral agencies landed in Georgia on Monday to begin a 13-day needs-assessment mission.
Georgian violence prompts rate cut
The National Bank of Georgia has cut rates to combat the economic impact of the country's conflict with Russia.