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CHINA EXIM BANK
Sri Lanka seeks Chinese loans in Yuan instead of USD for infra projectAnura Kumara Dissanayake, the President of Sri Lanka, secured cabinet approval to borrow $500 million from China's Exim Bank. The loan will...- Indian company to manage Sri Lanka's China-funded airportSri Lanka plans to transfer management of its Chinese-built Mattala Rajapaksa International Airport to Indian and Russian companies to miti...
- Sri Lanka says it has deal with China EXIM bank covering $4.2 billion of debtSri Lanka has reached an agreement with the Export-Import Bank of China to cover $4.2 billion of its outstanding debt. The country is facin...
- China promises Sri Lanka deal on debt treatment in coming monthsEXIM Bank of China has told Sri Lanka that it will not seek immediate repayment of debt for 2022 and 2023, and expedite negotiations on "me...
- Laos-China Railway: Key symbol of cross-border BRI infraFrom the very beginning the Lao authorities had a dilemma whether to go with the project or not - first it was due to a dilemma regarding a...
- Self-reliance in select sectors can lead to import substitution of USD 186 bn: StudyThe study has also included sectors such as auto components, and iron and steel where, though there is overall trade surplus for the countr...
- Exim Bank posts Rs 124 crore profit for FY20Non-funded portfolio grew by around 13 per cent to Rs 15,869 crore in the year from Rs 14,096 crore in 2018-19.
- Exim Bank hits global bond market with $1 billion issueEXIM Bank confirmed that it is in the market but did not divulge specific details about the issue.
- Vietnam's growing concern with Chinese loansChinese ODA loans carry interest rates of 3% per year, higher than that of Japan (0.4 - 1.2%), South Korea (0 - 2%), or India (1.75%).
- China’s plan to build houses in Sri Lanka hits a hurdleWhile China wanted to build houses made of concrete in the conflict-ravaged area, the locals want homes made of bricks in the traditional f...
- China's high-speed train maker to get $ 30 billion for export pushChina, which recently increased the speed of its bullet train to 350 kms, has the world's longest high-speed rail network with 22,000 kms c...
- Exim bank plans to scale up presence with more branchesThe Export Import Bank of India is looking to open branch offices in Ivory Coast, Sri Lanka, Nepal and China, after recently setting up a c...
- Rupee a 'strong brand', exports steady: Exim Bank on Yuan impact"It is still early to say anything on the impact of yuan devaluation on Indian exports. But there is no need to panic at the moment," Chair...
- Exim Bank, BRICS member development banks ink MoU with New Development BankThis MoU is aimed at sharing of knowledge, information and best practices; capacity building of personnel, including project development sk...
- China approves reforms of three policy banksLast year, China's economy, however, grew at its slowest pace since 1990. It has cut its growth target for 2015 to 7 per cent, which would ...
- China President Xi's India Visit: Chinese lenders ink pacts with SBI, ICICI and Axis Bank"State Bank of India and The Export Import Bank of China signed a framework agreement for a Line of Credit of $ 1.8 billion," SBI said.
- Government writes to RBI, seeks higher borrowing limit for Exim BankThe commerce secretary has asked for differential treatment from commercial banks and sought a higher borrowing limit for Exim Bank.
- Centre urged to raise support for EXIM bank to at least Rs 1500 cr from Rs 700 crThe EXIM Bank of India has lent about $12 billion in the past two decades, much lower compared with the EXIM banks in other counties.
- Exim Bank identifies 15 African countries for good investmentMany Indian companies keen to take advantage of the opportunities in Africa were holding back because of a lack of information on African e...
- R-Power set to get $625m loan from US Exim BankAnil Ambani firm Reliance Power is likely to get a loan of $625 million (Rs 2,800 crore) from US Exim Bank.
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