INDUSTRIAL AND COMMERCIAL BANK OF CHINA

The European Bank for Reconstruction and Development (EBRD) is supporting the production of a range of next generation all-electric and plug-in hybrid variants of one-ton commercial vehicles for the European market by arranging a 650 million-euro loan to Ford Otosan, US automaker Ford's joint venture with Turkey's Koç Holding, according to a statement from the bank on July 14.

Two of China's biggest banks plan to do business in Greece, the Bank of Greece, has announced. 

Specifically, the central bank informed the Development Ministry on October 31 about the establishment of branchs of a branch of Bank of China (Europe) Luxembourg. 

The branch is to be located at Mesogeion Avenue, 2, and has a launch date of November 1, the BoG said. 

The Industrial and Commercial Bank of China (ICBC) has provided a $3.6 billion loan package to the Turkish energy and transportation sector, Treasury and Finance Minister Berat Albayrak said on July 26.

The world's biggest lender, the Industrial and Commercial Bank of China (ICBC), is poised to receive a license to operate in Greece, with sources telling Kathimerini that negotiations are already at an advanced stage.

North Korea’s foreign minister said on Monday that President Donald Trump had declared war on North Korea and that Pyongyang reserves the right to take countermeasures, including shooting down U.S. bombers even if they are not in its air space.

 Bulgaria plans to launch a tender to sell its abandoned 2,000 megawatt nuclear power project Belene in early 2018, Energy Minister Temenuzhka Petkova said on Tuesday, quoted by REUTERS. 

The previous government cancelled the Belene project in 2012 after failing to find foreign investors and under pressure from Brussels and Washington to limit its energy dependence on Russia.

In a move to support innovation in Turkey's financial sector, the EBRD has said it is providing a syndicated loan of 120 million Turkish Liras (36 million-euro equivalent) to Hayat Varlık, the largest non-performing loans (NPL) and asset management company in the country, in a statement. 

The Bank of China (BOC) has received permission to operate a deposit bank in Turkey through the investment of $300 million, Turkey's banking watchdog said late Jan. 13, according to Anadolu Agency. 

In a statement, the country's Banking Regulation and Supervision Agency (BDDK) said BOC had brought the "required capital" and would apply to start operating shortly.      

Turkish construction and investment firm Rönesans Holding's healthcare unit is working with French fund Meridiam on public-private partnership (PPP) investments in Morocco and Senegal, the Rönesans board chairman told Reuters on Dec. 20, also giving details about the planned financing deals for the group's city hospital projects.