Articles with tag: finance ministry

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Sberbank may be able to write off USD 2 billion state loan - Reuters

22 Jul 2020 | Payments General

Sberbank may be allowed to write off USD 2 billion in a subordinated loan from Russia’s Central Bank as part of the state’s support for its largest bank during the COVID-19 crisis, according to Reuters.

loans, Covid-19, financial services, Russia, lockdown, Sberbank, Russia Central Bank, finance ministry

Arab Funds signs USD 300 mln financing agreement with Sudan

19 Mar 2019 | E-invoicing, SCF & E-procurement

The Sudan Finance Ministry has recently signed a USD 300 worth of loan deal with Arab Funds to support trade finance and the balance of payments.

Arab Funds, Sudan, Sudan Finance Ministry, trade finance, balance of payments, financing agreement, Arab Monetary Fund

Deutsche Bank confirms merger talks with Commerzbank

18 Mar 2019 | Payments General

Germany-based Deutsche Bank has announced agreeing to begin government-backed merger talks with Commerzbank after turnaround efforts failed.

Deutsche Bank, Commerzbank, bank merger, mergers and acquisition, merger, Germany, Europe, Finance Ministry