International Finance Corporation

With total short positions of just 46.3 million euros, or 60.4 million of 5.08 billion shares between the four Greek systemic banks (i.e.

Kathimerini understands Greek banks have made a pledge to the European Central Bank's Single Supervisory Mechanism that they will cut their nonperforming exposures (NPEs) to 17-22 percent of their portfolios by 2021, compared to today's highs of 43-54 percent.

 IFC, a member of the World Bank Group, has said it expanded operations in Europe and Central Asia with investment commitments that reached $2.9 billion, driving the diversification of the region's economies, promoting access to finance for small businesses and tackling climate change, with Turkey receiving the largest commitment with $1.1 billion in the region.

BEIJING (Reuters) - Chinese President Xi Jinping offered another $60 billion in financing for Africa on Monday and said Chinese companies will be encouraged to invest no less than $10 billion over the next three years, but he also warned against "vanity projects".

The International Monetary Fund is due to published its Article IV Report on the course of the Greek economy on Tuesday. This will include the much anticipated Debt Sustainability Analysis, which was carefully examined at a meeting last Friday, with the board confirming the medium-term sustainability of the Greek debt as well as the need for the government to remain committed to reforms.

The International Finance Corporation (IFC) has invested $75 million in a bond issued by Turkish private lender Garanti Bank to boost loans for women entrepreneurs' href='/search/women entrepreneurs'>women entrepreneurs in Turkey, it announced on June 13.

According to an EBRD press release, the financial package includes a EUR 60 million loan from the EBRD and a EUR 104 million loan from the International Finance Corporation (IFC) - whose financing includes a EUR 60 million A loan from IFCs own account and a loan of EUR 44 million from IFCs Managed Co-Lending Portfolio Program (MCPP).

The phones at Korres SA's headquarters in the northern Athens suburb of Metamorphosi often ring with requests from foreign hedge funds seeking an appointment. Some of those funds are looking into the possibility of a direct investment.

The International Finance Corporation (IFC), a member of the World Bank Group, has said it is helping finance a new tram line in Antalya, Turkey’s fifth-largest urban center, as part of an effort to help municipal authorities improve public transport and build a sustainable city.

Eurobank, Greece’s third largest lender, said on Thursday it will sell a 1,5 billion Euro pool of non-performing loans to Swedish hedge fund Intrum, as part of efforts to reduce its load of sour debt and meet targets agreed with regulators.