Mexico’s attempt to solve the country’s housing shortage by constructing millions of new homes far from city centers has crippled the nation’s homebuilders and fueled record foreclosures. For Antonio Diaz, a former investment banker with Banco Santander SA, it’s an opportunity.
The International Finance Corporation will help finance a commercial complex in Dar es Salaam, its first deal to help finance Chinese investment in Africa, the Financial Times reported today on its Web site.
The International Finance Corporation, the World Bank’s private-sector lending arm, will lend 70 million euros ($87.7 million) to the Serbian unit of Societe Generale SA to finance agricultural development.
The International Finance Corporation, the World Bank’s investment arm, approved a 22.5 million-euro ($30 million) loan to the Romanian unit of Turkiye Garanti Bankasi AS to finance small- and medium-sized business managed by women, the IFC said in a statement today.
The International Finance Corporation (IFC), the World Bank’s private sector lending arm, will lend 45 million euros ($56.3 million) to MK Group d.o.o., a Serbian foodmaker, to modernize and expand production.
Atlantic Grupa, a Croatian foodmaker and retailer, said it’s negotiating with the European Bank for Reconstruction and Development and the International Finance Corporation for a loan to refinance long-term debt.