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February
The Export-Import Bank of China has joined a lending syndicate for India’s Bharat Forge.
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Japan’s export credit agencies and private financial institutions are funding an ICICI bank loan to support green projects in India.
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In a matter of hours, Italian export credit agency Sace will underwrite a fourth loan to India’s Reliance Industries.
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OPIC and Afghan Growth Finance (AGF) enter new agreement to expand small business lending in Afghanistan.
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Bangladesh Railway obtains Indian export credit agency financing for the purchase of 10 locomotives.
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January
The latest round of Chinese state support for India’s Reliance Group adds to China’s dominance of this intra-Asian trade link.
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HSBC arranges buyer credit for Pakistan state utility firm, Central Power Generation Company to purchase a gas turbine combined power plant at Guddu.
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German development agency DEG is lending $50 million to the mobile communications and finance sectors in South Asia.
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The government of Bangladesh has announced that it will borrow $2 billion from the International Islamic Trade Finance Corporation (ITFC).
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India’s export credit agency has approved funding for Bhilwara’s first overseas hydro electric project in Nepal.
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Reliance Power has closed $2.2 billion in loans towards its 3960 MW Sasan ultra mega power project with the backing of US and Chinese export credit agencies.
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A financing package for Indian telecoms company Idea Cellular is one of the last deals to sign under the Finnish export credit agency’s temporary transfer scheme.
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Two-step loan with Japanese export credit agencies and ICICI Bank helps India’s Nabha Power obtain credit for Punjab power plant.
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While the US and Europe struggle, the Asia-Pacific region has prospered, propping up global prices for commodities across the spectrum from metals and minerals to food and cooking oils. Graeme Burton examines the scene.