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Astrobank bucks trend with new branch — will seek approval for dividend

Astrobank announced this week that it is opening a new branch in the Dali area in Nicosia, bucking the trend of shrinking branch networks, noting that this is an underserved location with no existing banking facilities. This decision was announced by Astrobnak CEO Aristides Vourakis, who noted that if this…
Ayia Napa Central Bank Piraeus Bank Minimum Requirements Own Funds Eligible Liabilities

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Law Firm Dentons Advises CEC Bank On Raising Over EUR162M Via Tap Issue Of MREL Eligible Bonds

Global law firm Dentons has advised CEC Bank on raising over EUR162 million through a tap of its February 2028 senior non-preferred MREL (Minimum Requirement for Own Funds and Eligible Liabilities) Eligible Notes, issued in February 2023.
Ecaterina Craciun Bank On Raising Over Subscriptions Department Law Firm Dentons Advises Advertising Sales Department Raising Over

Emirates News Agency - OFID €20 million loan to promote access to finance for local businesses in Albania

AUSTRIA, 31st October, 2023 (WAM) -- The OPEC Fund for International Development (OFID) is providing a €20 million loan to Raiffeisen Bank Albania (RBAL) for on-lending to micro, small and medium-sized enterprises (MSMEs), especially women-led businesses and companies that are supporting food security or green energy projects.The OPEC Fund’s first loan to a financial institution in Albania is extended in parallel with a €50 million loan by the European Bank for Reconstruction and Developme...
Tareq Alnassar Aleksandra Vukosavljevic European Bank Fund For International Development Raiffeisen Bank Albania International Development
Source: wam.ae

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