Countries & Regions

Microfinance in Croatia:

January 3, 2012 - 1:37pm from MicroCapital
Alternatifbank A.S. (ABank), a private commercial bank in Turkey, has entered into a loan agreement with German development finance institution Deutsche Investitions-und Entwicklungsgesellschaft GmbH (DEG) and the European Fund for Southeast Europe (EFSE), a microfinance investment fund incorporated in Luxembourg, to receive EUR 30 million (USD 38.7 million) to boost credit availability for micro-, small and medium-sized enterprises (MSMEs) in Turkey [1]. Under the agreement, DEG will ...
June 30, 2011 - 5:09pm from MicroCapital
The European Investment Fund (EIF), a public-private partnership (PPP) that supports financial institutions in Europe that serve small and medium-sized enterprises (SMEs), has agreed to loan EUR 5 million (USD 7.2 million) to Šiauliu Bankas, a Lithuanian bank that provides finance to micro-, small and medium-sized enterprises (MSMEs). The deal was signed under the European Progress Microfinance Facility (EPMF), a microfinance initiative established with funding from the European ...
June 29, 2011 - 2:33pm from Global development: Poverty matters blog | guardian.co.uk
Some 70% of households in eastern Europe and central Asia said they had to cut back spending on basic foods and healthcare because of the global economic crisis, according to a report published on Wednesday.The