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The volume of Chinese lending to Africa has slowed dramatically in recent years--especially during the Covid-19 pandemic--but Beijing continues to play an important role in providing the continent with finance. [...]

There is a term in dating circles known as 'breadcrumbing'. It basically happens when one partner 'leads on' another by giving small morsels of attention to keep the other hooked [...]

There was a 13% increase in syndicated credits in 1997 translating to $390.4 billion. Competition among banks resulted in improved terms for new credits and credit restructuring for borrowers thereby increasing the activity of the latter in the international market. Although members of the Organization for Economic Cooperation and Development accounted for 85% of the borrowing, there was a notable increase in the participation of emerging economies in the syndicated credits market., A total of $390.4 billion of syndicated credits was raised during 1997, up by 13 per cent over the $345.2 billion arranged in 1996. Despite expectations to the contrary, the [...]

The international bonds market still posted gains in 1997 despite the economic turmoil in South East Asia during the latter half of the year. The gains of the first three quarters of 1997 was enough to offset the effect of the Asian economic crisis that pulled down the market in the last quarter of 1997. International bond issues posted a record high of $831.6 billion with international straight bonds amounting to $545.5 billion., Introduction Issues of international bonds reached another historical high of $831.6 billion in 1997, despite the turmoil occasioned by the financial crises in South East Asia, which set in late [...]

The jump in the level of total arrangements of new borrowing facilities that occurred in the third quarter of 1995 has persisted in subsequent quarters . Also, arrangements of euro-commercial [...]

In contrast to the increases in activity seen elsewhere in the international capital markets, arrangements of international syndicated credits have remained near the record-high level recorded in January-September 1995. Looking [...]

After a difficult period in 1990, which witnessed a significant contraction in overall borrowing activity for die first time in a decade, the international capital markets appear to be firmly [...]

Recent trends After a difficult Period in 1990, which witnessed a significant contration in overall borrowing activity for the first time in a decade, the international capital markets appear to [...]

Foreign banks' lending to Russia America and the European Union extended sanctions on Russia this week. Russia has suffered capital flight, worsening business conditions and an 8% drop in the [...]

Medium-term borrowing facilities had a poor performance in 1997 with the exception of the euro medium-term note (EMTN). Overall, the 1997 performance of borrowing facilities is just $2.3 billion ahead of 1996 figures as the increase in EMTN was offset by the poor showing of other borrowing facilities. The euro-commercial paper issues decreased by $31 billion to $49 billion with members of the Organization for Economic Cooperation and Development subscribing to a majority of the issues., A slight increase occurred in the issuance of medium-term borrowing facilities, as a rise in euro medium-term note (EMTN) programmes was offset by a decline in all other categories of [...]

Official development assistance (ODA) from Development Assistance Committee (DAC) countries rose 5.6% in real terms to 56.4 billion US dollars, but was unchanged as a percentage of GNP at 0.24%, [...]

The EU approved a Eur 5,350 million ($4,600 million) aid package for South and East Mediterranean countries on 15 November, despite continuing violence in the Middle East. The approval came [...]

The latest set of figures published by the Basle-based Bank for International Settlements (BIS) for the end of 1999 shows the volatility of capital flows in and out of the [...]

By the standard measure of debt-to-GDP, the debt burden is no lighter than it was a decade ago: The world's poor countries still owe the rich ones $2.5 trillion. Especially [...]

At any given time countries both owe debts and have them owing to them. Foreignowed debt is a bigger crisis trigger than domestic debt, though figures relating to the latter [...]

For many less developed countries (LDCs), initiating a process of economic development is impossible without some form of external help. Some have looked to foreign direct investment (FDI) (see pages […]

Lending by US banks to developing countries grew faster in 1996 than that by their European and Japanese counterparts. US bank loans earmarked for the Third world grew by 10.4% to $114.9 bil during the first half of 1996, outstripping the 6% loan growth rate recorded by European banks and the 0.7% rate recorded by Japanese banks. In aggregate terms, however, European banks far exceed US banks in terms of the money they have lent Third world borrowers, having contracted $495.3 bil in loans to developing nations., Indicating a return to prominence on the world financial stage, U.S. banks are growing faster than their European and Japanese counterparts in lending to developing countries. U.S. bank loans to [...]

Japanese banks in the middle 1990s have once more began looking overseas for business through the extension of loans. Although the activity is not expected to match the magnitude and extent achieved during the period of economic prosperity during the 1980s, it has shown substantial momentum and grown by 10% annually. The Japanese government is fully supporting overseas lending to help its efforts to devalue the yen., The banks' decision to resume overseas lending will increase international liquidity and help depress the yen After a long period of retrenchment, Japanese banks are returning to the arena of [...]

Overseas lending is increasing among US banks, particularly regional institutions, the 10 largest of which have raised their lending activity in emerging markets by 21% to almost $9.5 billion, according to a Brown Brothers Harriman & Co report. However, bank officials are quick to point out that their emerging-market exposure, while rising, is largely in short-term, private-sector loans, a situation that is unlikely to encourage the huge losses banks suffered in the 1980s when many developing countries defaulted on their medium- and long-term debts. BankAmerica Corp and Citicorp have reported the largest emerging-market exposure., Superregional banks, which bailed out of overseas lending a decade ago, have plunged back in. The 10 largest regionals last year increased their loans and securities investments in emerging markets [...]

The EIB has announced the following loans Denmark: Ecu 20 m to Novo Nordisk for a new pharmaceutical research centre near Copenhagen. France: Ecu 57.3 m in a global loan [...]

Japan has announced an $850 million loan towards the construction of an oil export pipeline in Basra. The loan is part of $1,500 million in aid for Iraq that was [...]

The IMF has approved a $77 million, three-to-five-year loan to Beirut as part of its commitments under the Paris III agreement in late January. The loan, which is the second [...]

South Korea: $200m; Canada: $150m. Symbolic gesture: China: $24.2m; Slovakia: $290,000; Egypt and Bulgaria-technical support; Sri Lanka-100 tonnes of tea; Vietnam-1,467 tonnes of rice worth [...]

$300m credit facility and offered gas/electricity supplies as well as allowing Iraqi oil exports through its [...]

$1bn, divided equally between export credits and soft loans from Saudi Development Fund. Riyadh may allow rescheduling of Baghdad's $24bn debt owing to the [...]

$5bn, of which $1.5bn in grants for 2004 and $3.5bn yen loans from 2005. After Washington, Tokyo is the second-biggest donor. Yasuo Fukuda, Chief Cabinet Secretary, said: 'Stability in the [...]