Page 11 - Support Facility News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ADB Signs $65 Million Loan to Sustain Fiji Airways’ Services in the Pacific News Release | 12 March 2021 MANILA, PHILIPPINES (12 March 2021) — The Asian Development Bank (ADB) has signed a $65 million COVID-19 Liquidity Support Facility for Fiji’s Air Pacific Limited, which operates as Fiji Airways and (through its wholly-owned subsidiary) Fiji Link, to help fund the company through the international travel downturn caused by the coronavirus disease (COVID-19) pandemic and to support its return to profitable operation. The financing comprises a $40 million loan from ADB and a further $2...

Fiji Airways signs US$65 million Liquidity Support Loan Facility with ADB Fiji Airways signs US$65 million Liquidity Support Loan Facility with ADB [Image: Supplied] Fiji Airways today signed a US$65 million Liquidity Support Loan Facility with the Asian Development Bank. The Support Facility is to help the airline cover operating costs and meet financial obligations while the travel demand remains non-existent due to the pandemic-induced border closures. The financing comprises a $40 million loan from ADB and a further $25 million loan from the Leading Asia’s Private Infrastructure Fund, w...

03/05/2021 | Press release | Distributed by Public on 03/05/2021 04:46 Ukraine: EIB and Ukreximbank enhance access to local currency funding for SMEs thanks to EU support €20 million is being made available in local currency to enhance access to affordable finance for SMEs in Ukraine. The operation is backed by the European Union and comes under the Team Europe initiative aiming to provide a sustainable response to the coronavirus crisis. The European Investment Bank (EIB) has signed an agreement with the State Export-Import Bank of Ukraine (Ukreximbank) to increase the funding limit of the...

EIB to provide additional EUR 20 mln to Ukreximbank to lend to SME 2 min read The European Investment Bank (EIB) will provide additional financing, namely a EUR 20 million loan, to be on-lent to local private businesses with a focus on small and medium-sized enterprises (SMEs), expanding the increase the funding limit to EUR 280 million. "The European Investment Bank (EIB) has signed an agreement with the State Export-Import Bank of Ukraine (Ukreximbank) to increase the funding limit of the Deep and Comprehensive Free Trade Area (DCFTA) Support Facility project to EUR 280 million," th...

Content provided by Last updated: 22/12 - 13:50 The Boards of Directors of the African Development Bank (www.AfDB.org) and the African Development Fund (ADF) have approved a grant of UA 16 million to the African Legal Support Facility (ALSF) to strengthen legal expertise and negotiating capacities of transition states in Africa. The funds, from the ADF’s Transition Support Facility, will provide additional funding and operational flexibility through which the Bank can assist eligible Regional Members Countries (RMCs) facing...