Development Bank of Turkey (TKB) adopts a new strategy to finance SMEs
The Law establishing the Bank, TKB only permits loans to be made to joint stock companies. In order to reach SMEs TKB has decided to implement apex lending as a new financial instrument. Since TKB does not have a branch network in February 2008, it has signed an apex lending agreement with Garanti Bank a […]
President of Indonesia expresses his full support to the Islamic Solidarity Fund for Development (ISFD)
A delegation comprised of H.E. Bahruddin Yousef Habibi Former President of Indonesia, H.E. Dr. Abdulrahman Swar Al-Dahab Former President of Sudan member of the Advisory Panel and H.E. Dr. Ahmed Mohamed Ali, President of the IDB. Have visited the President of Indonesia in a bid to mobilize resources for the newly established Islamic Solidarity Fund […]
ALIDE TURNS 40: Challenges and prospects for Latin American and Carribean Development Banks
ALIDE TURNS 40: Challenges and prospects for Latin American and Carribean Development Banks ALIDE President, Dr. Nicola Angelucci, in making the keynote address during the celebration of the 40th anniversary of the Latin American Association of Development Financing Institutions (ALIDE) on January 24, 2008, noted that a group of 37 banks and development financing and promotion […]
ADFIMI elects new Secretary General and new Chairman
The Association of Development Finance Institutions in the Member Countries of Islamic Development Bank elected new Chairman and New Secretary General. As Chairman was elected Br. Mehmet Emin Ozcan, Member of the Board, Turkiye Cumhuriyeti Ziraat Bankasi A.S.; and like Secretary General was elected Mr. Nuri Birtek.
The African Development Bank Group (ADB):AFREXIMBANK AND EXIM-INDIA SIGN COOPERATION AGREEMENT IN SHANGHAI
The President of African Export-Import Bank (Afreximbank) Mr. Jean-Louis Ekra and the Chairman of Export-Import Bank of India (Exim India) Mr. T.C Venkat Subramanian signed a Memorandum of Cooperation between both institutions at Eton Hotel, Shanghai on 16 May, 2007. This event marked a formal concre¬tization of what had been a very fruitful relationship between […]
ENHANCING ADB-AFRICAN DFIs COLLABORATION
In the framework of its Annual Meetings, the ADB Private Sector Department convened a consultation with managers of DFIs to discuss a number of proposals on the enhancement of collaboration between the African Development Bank (ADB) and the African DFIs, at the Shanghai International Convention Center on May 14, 2007. The proposals included the following: […]
33rd OGA: GEOFFREY QHENA, ELECTED NEW CHAIRMAN OF THE ASSOCIATION
The Association of African Development Finance Institutions (AADFI) held its 33rd Ordinary General Assembly in Shanghai, People’s Republic of China on 14 May, 2007. The Opening ceremony, the working sessions and the closing ceremony were held at the International Convention Center, Shanghai, People’s Republic of China. Opening statement was made by Mrs Neo Sowazi, 1st […]
Annual Meetings of the African Development Bank Group
Annual Meetings of the African Development Bank Group Statement by Omar Kabbaj, President of the African Development Bank, at the Opening Session of the Annual Meetings of the African Development Bank Group Kampala, Uganda 25 May 2004 INTRODUCTION Your Excellency President Yoweri Kaguta Museveni, Honorable Gerald Ssendaula, Chairman of the Boards of Governors, Honorable Governors […]
2004 Annual Meeting of Board of Governors; Inter-American Development Bank
LIMA, PERU AB-2296 CII/AB-907 29 March 2004 STATEMENT BY MR. ENRIQUE V. IGLESIAS, PRESIDENT OF THE INTER-AMERICAN DEVELOPMENT BANK AND CHAIRMAN OF THE BOARD OF EXECUTIVE DIRECTORS OF THE INTER-AMERICAN INVESTMENT CORPORATION, AT THE INAUGURAL SESSION OF THE ANNUAL MEETING OF THE BOARDS OF GOVERNORS Let me begin by conveying my sincere gratitude to the […]
ALIDE’s 35th ANNIVERSARY: Speech by Dr. Enqique Iglesias, President of IDB
SPEECH BY DR. ENRIQUE IGLESIAS, PRESIDENT OF THE IDB, AT ALIDE HEADQUARTERS On January 20, 2003, during the celebration of ALIDE’s thirty-fifth anniversary, Dr. Enrique Iglesias, President of the Inter-American Development Bank (IDB), gave a keynote speech on the region’s situation and prospects and the new role of the development banking system. Dr. Iglesias pointed […]