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Multilaterals pump billions into European banks

02 March 2010

The EBRD, the European Investment Bank Group, and the World Bank under a joint IFI Action Plan have supplied over Eu19 billion to support banks in central and Eastern Europe during 2009.

Read more: [IFI Action Plan EBRD EIB World Bank] [systemic banking support Europe 2009 financial crisis]

The EBRD, the European Investment Bank Group, and the World Bank Group have supplied over Eu19 billion to banks in central and Eastern Europe during 2009 as part of their joint IFI funding plan.

In February 2009 the institutions launched a joint IFI Action Plan in support of banking systems and lending to the real economy in central...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

During the past year’s ‘flight to quality’, companies have turned to experienced leaders in global trade.

Matthew Frohling, Citi - ‘Supplier Finance’ growth in the SME markets - April 2010