16 Jan Development bank EBRD pushes up financing, braces for profit hit
LONDON, Jan 17 (Reuters) – The European Bank for
Reconstruction and Development provided a record amount of
financing last year but is bracing for a drop in profits
following sharp falls in currencies like Turkey’s lira and
Russia’s rouble.
Reconstruction and Development provided a record amount of
financing last year but is bracing for a drop in profits
following sharp falls in currencies like Turkey’s lira and
Russia’s rouble.
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