We are delighted of our role in establishing PMIC in 2016 with the financial support from UK's Department of International Development and now to be further strengthening it through this subordinated loan
for on-lending to microfinance institutions and microfinance banks.
8 million internal subordinated loan
with the airport, equates to approximately 4.
Uutechnic Group Oyj (HEL: UUTEC) announced on Tuesday the repayment of a subordinated loan
, totalling EUR1.
EBRD is providing a subordinated loan
of up to $100m to Commercial International Bank (CIB) to strengthen CIB's capital base and support the growth of the bank's lending in Egypt.
The subordinated loan
was subject to a prohibition on prepayment until April 2016 and, at the time of repayment, accrued interest at 10.
It received another 200 billion rouble subordinated loan
from the central bank last year.
Bank of Georgia Holdings PLC, the holding company of JSC Bank of Georgia, on Thursday announced that it has received a USD65m subordinated loan
facility from IFC Capitalization Fund.
This action will take place over a period of two and a half years (until the end of April 2016) and will, through the tool of Subordinated Loan
, strengthen capital requirements for the construction of about 350 SMEs , based on an average amount of the subordinated loan
of 40,000 dinars per project, likely to generate 6,600 direct job positions.
On 16 April, Union National Bank (UNB) fully repaid the outstanding amount of the Tier 2 Subordinated loan
of AED 1.
Summary: DUBAI - National Bank of Fujairah, or NBF, announced that it has repaid its Dh643 million subordinated loan
to the UAE Ministry of Finance in full and ahead of its original maturity date of 2016, having received all necessary approvals from the country's Central Bank and Ministry of Finance.
STB said the cash payments and the additional regulatory capital requirements arising from the enlarged STB balance sheet will be funded from its existing resources, as well as a capital injection of up to pounds 5 million from parent firm Arbuthnot Banking Group in the form of a subordinated loan
AUB also said it would also borrow a subordinated loan
worth $165m from IFC.