Shorouk Express BAKU, Azerbaijan, March 6. The European Investment Bank (EIB) and Spanish bank CBNK have launched a 150 million euro initiative to support women entrepreneurs in Spain’s pharmacy sector, Trend reports. Signed during the EIB Group Forum in Luxembourg, this is the EIB’s first intermediated loan within the EU exclusively targeting women-led businesses. The…
Shorouk Express The government is keen to ensure that Generali, which last month agreed to combine its asset management business with that of France-based Natixis, keeps its appetite for Italian sovereign debt at a time when Rome needs to borrow nearly €1 billion a day. The Trieste-based conglomerate is the government’s largest private-sector creditor. Rome…
Shorouk Express BAKU, Azerbaijan, January 28. Azerbaijan and Japan have engaged in talks regarding future collaboration in the insurance sector, the Azerbaijan Insurers Association (AIA) told Trend. The discussions, which were organized with the support of the AIA, took place in Tokyo as part of a visit by a delegation of Azerbaijani insurance leaders, covering…
Shorouk Express BAKU, Azerbaijan, January 27. The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 35 million euros to Montenegro’s Crnogorski Elektrodistributivni Sistem (CEDIS) to modernize the country’s energy sector, Trend reports. This financing will help implement a new SCADA system, an advanced distribution management system (ADMS), and install…
