AFOA Canada launches new certification program aimed at
New program will be created in collaboration with TD Bank Group and the Canada Infrastructure Bank OTTAWA, Nov. 10, 2022 (GLOBE NEWSWIRE) -- AFOA Canada...
Source: globenewswire.com
Page 20 - Project Financing News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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COP27 latest: African leaders say they need cash not cheap loans
Ramaphosa called on multilateral development banks to change their approach to climate finance.
Source: moneyweb.co.za
Default of Legoland project financing feared to jolt financial markets
As uncertainties stemming from a default in project financing (PF) for the construction of a Legoland amusement park in Gangwon Province add to woes in the domestic bond market, Korea's top financial regulator said it will inject 1.6 trillion won ($1.1 billion) into the debt market, while ensuring additional liquidity to cover short-term loans.
Source: koreatimes.co.kr
PwC selects former Treasury exec as chief economist
The appointment will provide a “rare skill set and deep experience” to help clients, says chief executive.
Source: accountantsdaily.com.au
Growing project financing risk
As the real estate boom has receded, fears are growing that project financing loans in real estate might go sour en masse. According to the Bank of Korea, the amount of project financing loans for real estate at banks and non-banking financial institutions reached 112.2 trillion won ($78.6 billion) as of June this year. This figure represents an annual growth rate of 14.9 percent since 2014. Banks reported a moderate increase of 6.9 trillion won, whereas non-banking financial companies posted a rise of more than 70 trillion won.
Source: koreatimes.co.kr