Latest News for: Manila banks

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Philippines secures $500-million World Bank loan for safer schools

Manila Bulletin 20 Nov 2024
Updated World Bank projects documents reviewed by Manila Bulletin showed that the Philippines will borrow over $2.7 billion more, across seven new loans, for the remainder of the 2025 fiscal year.
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ADB Approves 200 Million USD Loan To Sri Lanka

MENA FN 20 Nov 2024
(MENAFN - IANS) Manila, Nov 20 (IANS) The Asian Development Bank (ADB) approved a policy-based loan of $200 million to help Sri Lanka strengthen its financial sector.On Tuesday, the ADB said that ... .
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ADB approves 200 mln USD loan to Sri Lanka

Xinhua 19 Nov 2024
MANILA, Nov ... The move included an improved early warning system to identify banks' weakening processes and introduce corrective actions, the Manila-based bank said.
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ADB approves 250 mln USD loan to Uzbekistan

Xinhua 19 Nov 2024
MANILA, Nov. 19 (Xinhua) -- The Asian Development Bank (ADB) on Tuesday said it has approved a policy-based loan of 250 million U.S ... ■. ADB approves 250 mln USD loan to Uzbekistan. .
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ADB, Tuvalu sign 16.53 mln USD grant to improve water, sanitation

Xinhua 19 Nov 2024
MANILA, Nov. 19 (Xinhua) -- The Asian Development Bank (ADB) and Tuvalu on Tuesday signed a grant agreement amounting to 16.53 million U.S ... ■. ADB, Tuvalu sign 16.53 mln USD grant to improve water, sanitation. .
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ADB approves 100 mln USD loan to spur climate action in Mongolia

Xinhua 18 Nov 2024
MANILA, Nov ... The program will help strengthen the institutional framework, investment planning, and budgeting system for climate action, the Manila-based bank said.
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ADB approves $100 million loan to spur climate action in Mongolia

Suryaa 18 Nov 2024
Manila, ... The program will help strengthen the institutional framework, investment planning, and budgeting system for climate action, the Manila-based bank said.
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Asialink secures $200-million loans from IFC, ADB

Manila Bulletin 17 Nov 2024
Homegrown non-bank Asialink Finance Corp ... The World Bank Group's private-sector arm will also manage client risks on behalf of AFC, via a cross-currency swap for a loan equivalent exposure (LEQ) amounting to a maximum of $7 million, it said.
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Jollibee Group's Shin named CFO of the Year

The Manila Times 17 Nov 2024
exemplifies the very qualities that this award seeks to celebrate-visionary financial stewardship, strategic growth and global impact," said Jun Palanca, ING Bank N.V. Manila branch country manager, during the awarding ceremony late on Friday ... ....
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ADB, Masdar sign 160 mln USD deal to build 2 solar power plants in Azerbaijan

China.dot.org 16 Nov 2024
Once completed, the solar power plants are expected to add 760 megawatts of clean energy capacity, offsetting about 725,000 tons of carbon dioxide emissions annually and tripling the country's solar energy capacity, the Manila-based bank said.
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Duterte’s bank waiver backtrack stirs doubts among lawmakers

The Philadelphia Inquirer 16 Nov 2024
MANILA, Philippines – Former President Rodrigo Duterte’s shifting stance on signing a bank waiver to disclose his alleged P2.4-billion ...
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ADB, Masdar Sign 160 Million USD Deal To Build Two Solar Power Plants In Azerbaijan

MENA FN 16 Nov 2024
(MENAFN - IANS) Manila, Nov 16 (IANS) The Asian Development Bank (ADB) and Abu Dhabi Future Energy PJSC (Masdar) on Saturday signed two loans, totaling $160 million, to build two of the largest ... .
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Amid slow project rollout, World Bank extends reduced loan for Metro Manila flood control

Manila Bulletin 15 Nov 2024
As Manila Bulletin earlier reported, the Department of Finance (DOF) back in August asked the World Bank to prolong the originally seven-year loan implementation period until Nov ... Had this World Bank ...
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Duterte vows to hang himself if bank accounts are really his

The Manila Times 14 Nov 2024
FORMER president Rodrigo Duterte vowed to hang himself if the bank accounts that were raised against him by former senator Antonio Trillanes IV were proven to be true ... To this, Duterte said he was willing to execute an affidavit to summon the banks.
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ADB approves more than 285 mln USD loan, grant to Nepal

China.dot.org 14 Nov 2024
MANILA, Nov. 14 (Xinhua) -- The Asian Development Bank (ADB) on Thursday said it has approved more than 285 million U.S. dollars in financing for two projects to make Nepal greener and help it address climate change risks and geophysical events.

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