Finance corporation

2022-05-17 | CSE: LYNX | Press release

The new auditor is already at work. Business development at pace Vancouver, British Columbia–(Newsfile Corp. – May 17, 2022) – Lynx Global Digital Finance Corporation (CSE: LYNX) (OTC Pink: CNONF) (FSE: 3CT0) (“Lynx” or the “Company”) announced his new listener. Lynx announces that it has received a Cease Trade Order (“CTO”) from the British Columbia […]

Finance corporation

Commonwealth signs MoU with International Islamic Trade Finance Corporation

The Commonwealth Secretariat (www.TheCommonwealth.org) and the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) have signed a Memorandum of Understanding to collaborate in key areas of development. The main areas of focus of the MoU include women’s economic empowerment, digital trade and e-commerce, private sector and small and medium enterprise development, climate change and environmental protection, […]

Finance corporation

UOB and Korea Housing Finance Corporation partner for ESG financing

Singapore-based lender United Overseas Bank (UOB) has signed a memorandum of understanding with Korea Housing Finance Corporation (KHFC) to collaborate on investment banking, environmental, social and governance (ESG) finance and cash. The Korean state-owned finance company aims to expand its presence in Southeast Asia, including Singapore, Indonesia, Malaysia, Vietnam and Thailand. The two companies will […]

Finance corporation

Africa Finance Corporation: Three steps for Africa to fight climate change

Lagos, Nigeria–(BUSINESS WIRE)–As hope for tackling global warming rests on progress made at the upcoming UN Climate Change Conference COP27 in Egypt, a new report by the Africa Finance Corporation (AFC), the leading provider of infrastructure solutions in Africa, sets out the continent’s position in balancing the needs for emissions reduction with critical development imperatives. […]

Finance corporation

Logan Ridge Finance Corporation Announces Refinancing

NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (“LRFC” or the “Company”) (Nasdaq: LRFC) today announced the successful refinancing of its entire legacy capital structure, a key milestone and strategic initiative for the Company. Specifically, on May 10, 2022, the Company amended its existing senior secured revolving credit facility agreement with […]

Finance corporation

International Islamic Trade Finance Corporation (ITFC) Wins Trade Finance Global International Award for “Best Islamic Financier of the Year” 2022

Trade Finance Global (TFG), the leading trade finance platform, has selected the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank Group, as the ‘Best Islamic Financier of the Year’ 2022. The award ceremony organized in collaboration with the Association of Bankers for Finance and Commerce took place on May […]

Finance corporation

Power Finance Corporation Announces Formation of Failing Subsidiaries (SPVs)

Power Finance Corporation announced that its wholly owned subsidiary, PFC Consulting, has incorporated three wholly owned subsidiaries (SPVs): Siot Transmission – For the creation of 400/200 kV, 2x 315 MVA S/S in Siot, Jammu & Kashmir Fatehgarh III Beawer Transmission – For the development of a transmission system for the evacuation […]

Finance corporation

The Manila-based 123 Finance Corporation predicts that rising oil inflation will lead to a huge increase in overseas migrant workers.

MANILA, Philippines, May 9, 2022 /PRNewswire/ — Manila-based at 123 Finance Corporation, a licensed securities finance company listed among the Philippines Finance companies, with a Certificate of Authority (CA) currently facilitate over 51% of Filipino Overseas Workers (OFW) in foreign countries such as hong kong and Saudi Arabia. Currently, one in three Filipinos uses the […]

Finance corporation

Power Finance Corporation Ltd relaxes for the fifth consecutive session

Power Finance Corporation Ltd quotes at Rs 112, down 1.06% on the day at 13:19 IST on the NSE. The stock has jumped 0.99% over the past year, compared to a 10.4% rise in NIFTY and a 0.57% surge in the Nifty Financial Services Index. Power Finance Corporation Ltd fell for a fifth […]

Finance corporation

• Investment companies International finance company

New York, May 03, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Brazil Data Center Market – Investment Analysis & Growth Opportunities 2022-2027” – https://www.reportlinker.com/p05915167/?utm_source =GNW The study includes demand and supply aspects of the market. REPORT KEY POINTS • Brazil has approximately 46 operational colocation data centers. Most colocation data centers […]

Finance corporation

• Investment firms International Finance Corporation (IFC) and Goldman Sachs are financing colocation providers such as ODATA and Elea Digital to develop data centers across the country.

ReportLinker This report examines the current Brazil data center market scenario and its market dynamics for 2022-2027. It covers a detailed overview of several growth catalysts, restraints, and market trends. New York, May 03, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Brazil Data Center Market – Investment Analysis & Growth Opportunities […]

Finance corporation

Housing Development Finance Corporation Consolidated Net Income Increases 20.72% in March 2022 Quarter

Sales fell by 1.94% to Rs 35,046.58 crore Housing Development Finance Corporation’s net profit increased by 20.72% to Rs 6,458.51 crore in the quarter ended March 2022 from Rs 5,350.02 crore in the previous quarter ended March 2021. Sales increased decreased by 1.94% to Rs 35,046.58 crore in the quarter ended March 2022 […]

Finance corporation

2022-04-21 | NDAQ:HRZN | Press release

FARMINGTON, Conn., April 21, 2022 /PRNewswire/ — Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”), a leading specialty finance company that provides capital in the form of secured loans to venture-backed companies in the areas of technology, life sciences, information and health services and sustainability industries, today announced the closing of a subprime lending facility to […]

Finance corporation

International Islamic Trade Finance Corporation, Saudi EXIM Bank and General Authority for Small and Medium Enterprises “Monshaat” sign MoU for Saudi SME Development Program

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, the Saudi Export and Import Bank (Saudi EXIM Bank) and the General Authority for Small and Medium companies (Monshaat) announced the signing of a Tripartite Memorandum of Understanding (MoU) to launch Saudi Arabia’s SME Development Program. Present at the […]

Finance corporation

Georgian Finance Minister discusses cooperation with International Finance Corporation and Asian Development Bank

Issues of cooperation between the International Finance Corporation and Georgia, and IFC’s decision to increase its portfolio for Georgia in support of the private sector in the country were discussed during a meeting between Lasha Khutsishvili, Georgian Minister of Finance, and Damien Shiels, the regional director of the IFC on Wednesday. The Georgian official told […]

Finance corporation

Lagos strikes $50m deal with International Finance Corporation

The Lagos State government has entered into a $50 million transport agreement with the International Finance Corporation (IFC) to develop two bus lanes between Abule-Egba-Command and lle Iwe-lle Epo. The project measures eight kilometers and is designed to alleviate the transportation challenges associated with the axis. Mr. Babajide Sanwo-Olu, the state governor, on Thursday revealed […]

Finance corporation

Logan Ridge Finance Corporation Hosts First Quarter 2022 Earnings Release and Conference Call

NEW YORK, April 12, 2022 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (“LRFC” or the “Company”) LRFC to publish its financial results for the first quarter ended March 31, 2022 on Thursday, May 12, 2022, after market close. The Company will host a conference call on Friday, May 13, 2022 at 9:00 a.m. ET to […]

Finance corporation

Portman Ridge Finance Corporation Schedules First Quarter 2022 Earnings Release and Conference Call

Portman Ridge Financial Corporation Call scheduled for 9 a.m. ET on Wednesday, May 11, 2022 NEW YORK, April 12, 2022 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) will release its financial results for the first quarter ended March 31, 2022 on Tuesday, May 10, 2022, after closing of the market. The […]

Finance corporation

RiverNorth Specialty Finance Corporation Announces Final Results of Tender Offer | Business

CHICAGO–(BUSINESS WIRE)–April 7, 2022– RiverNorth Specialty Finance Corporation (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its offer to buy back up to 5%, or 195,237 of its outstanding common shares. The buyout offer expired at 5:00 p.m. Eastern Time on April 6, 2022. Based on information provided by DST Systems, […]

Finance corporation

New Mountain Finance Corporation Plans First Quarter 2022 Earnings Release and Dividend Announcement

NEW YORK, April 04, 2022–(BUSINESS WIRE)–New Mountain Finance Corporation (Nasdaq: NMFC) (“NMFC” or “the Company”) announced today that it will release its financial results for the three months ended March 31, 2022 on Monday, 9 May 2022 after the US financial markets close. In addition, at that time, the Company will announce its second quarter […]

Finance corporation

Africa Finance Corporation increases its total assets by 16% to $8.56 billion

Africa Finance Corporation (AFC), despite the pandemic and commodity headwinds affecting its operating environment, grew its total assets by 16.3% to a record $8.56 billion. The Company also increased its annual profit by 26.6% to $209.7 million in 2021, crossing the $200 million mark for the first time in its 15-year history, from $165.5 million. […]

Finance corporation

Housing Development Finance Corporation Ltd soars 7.21%

Housing Development Finance Corporation Ltd quotes at Rs 2629, up 7.21% on the day at 12:49 PM IST on the NSE. The stock is up 7.49% over the past year, compared to a 22.39% surge in NIFTY and a 17.32% surge in Nifty Financial Services. Housing Development Finance Corporation Ltd won for a […]

Finance corporation

HDFC Bank HDFC Ltd Housing Development Finance Corporation Ltd BSE NSE Stock Price

HDFC Bank’s share price on BSE rose more than 13% to reach Rs 1712.45. The share price of Housing Development Finance Corporation Ltd or HDFC Ltd on BSE rose more than 15% to Rs 2818.55. Under the deal, HDFC Ltd shareholders will receive 42 shares of the bank for every 25 shares held. HDFC Bank’s […]

Finance corporation

Housing Development Finance Corporation Ltd jumps 7.06%, S&P BSE Finance Index gains 2.2%

Housing Development Finance Corporation Ltd added 18.21% in the past month, against 11.16% gain for the S&P BSE Finance Index and 10.31% for the SENSEX Housing Development Finance Corporation Ltd gained 7.06% today to trade at Rs 2624. The S&P BSE Finance Index was up 2.2% to settle at 8314.86. The index is […]

Finance corporation

The African Union endorses the African Diaspora Finance Corporation (ADFC)

On February 2-3, 2022, the 40th Session of the African Union Executive Council officially adopted the “Strategic, Business and Operational Framework for an African Diaspora Finance Corporation (ADFC)” as the framework for the legacy project of the African Union. African Union on Diaspora Investments. This came after endorsement by African finance ministers on December 17, […]

Finance corporation

Flowers named at the Mississippi Business Finance Corporation, Development Bank

A former state senator from DeSoto County has been confirmed as a new member of the Mississippi Business Finance Corporation and the Mississippi Development Bank. Merle Flowers of Olive Branch was confirmed Friday by the Mississippi Senate for a five-year term. He was recommended by State Treasurer David McRae. “Senator Flowers will be a valuable […]

Finance corporation

Willis Lease Finance Corporation signs landmark regional aircraft and engine contract

Willis Lease Finance Corp. COCONUT CREEK, Fla., March 29, 2022 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis Lease”) announced that it has entered into lease agreements with Transportes Aéreos Guatemaltecos (TAG Airlines) (“TAG”) for four ATR 72-500 aircraft. The five-year agreement provides for the overhaul and refurbishment of the aircraft, fitted with […]

Finance corporation

Willis Lease Finance Corporation signs historic regional contract

COCONUT CREEK, Fla., March 29, 2022 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis Lease”) announced that it has entered into lease agreements with Transportes Aéreos Guatemaltecos (TAG Airlines) (“TAG”) for four ATR 72-500 aircraft. The five-year agreement provides for the overhaul and refurbishment of the aircraft, fitted with new Pratt & Whitney […]

Finance corporation

Africa Finance Corporation changes name on its 15th anniversary

The financial institution Africa Finance Corporation (AFC) has changed its name to mark its 15th anniversary, with a new logo and a slogan that reads: “Instrumental infrastructure”. Instrumental Africa”. In a March 28 statement, the AFC said the new logo embodied the organization’s mission to advance Africa’s global standing. “At the heart of our approach, […]

Finance corporation

With the price of Housing Development Finance Corporation Limited (NSE:HDFC) down 4.6% this week, insiders may find some comfort after selling ₹4.9 billion worth of shares earlier this year.

Insiders appear to have made the most of their holdings by selling ₹4.9 billion worth of Housing Development Finance Corporation Limited (NSE:HDFC) stock at an average selling price of ₹3,378 over the past year. After the share price fell 4.6% last week, the company’s market value fell by ₹199 billion, but insiders were able to […]

Finance corporation

Congress should support a ‘fix’ for the Development Finance Corporation

Great power competition with China and Russia is being played out in multilateral institutions and, increasingly, in developing countries seeking investment in energy, infrastructure and digital connectivity to improve lives. of their citizens. Many of these investment requirements will either be met by China (and sometimes Russia) or “someone else”. The United States and our […]

Finance corporation

Portman Ridge Finance Corporation Resumes Share Buyback

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) announced today that it has entered into a new Rule 10b5 equity trading plan- 1 to facilitate the repurchase of its common stock pursuant to its recently reauthorized $10 million stock repurchase program. Redemptions may be made in the […]

Finance corporation

HDFC Share Price: Buy Housing Development Finance Corporation, Target Price Rs 2510: Chandan Taparia

Chandan Taparia of Motilal Oswal has a call to buy on Housing Development Finance Corporation with a target price of Rs 2510. The current market price of Housing Development Finance Corporation is Rs 2408.95. The time period given by the analyst is Intra Day when the price of Housing Development Finance Corporation Ltd. can achieve […]

Finance corporation

The International Finance Corporation will finance a 600 MW solar park in India

International Finance Corporation (IFC), a World Bank institution that focuses on private sector financing and TUSCO Ltd, a joint venture of THDCIL and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) have signed an advisory mandate with IFC. Under this mandate, IFC will support TUSCO in the development of 600 MW solar farms in […]

Finance corporation

The International Islamic Trade Finance Corporation’s financing portfolio with Egypt is $13.8 billion

International Islamic Trade Finance Corporation logo – Facebook photo CAIRO – March 14, 2022: Planning and Economic Development Minister Hala al-Said said on Monday that the International Islamic Trade Finance Corporation has financed Egypt to the tune of $13.8 billion so far. now. The minister’s statement came during her speech at the third meeting […]

Finance corporation

Power Finance Corporation pays ₹887cr as interim dividend to government for FY21-22

The Power Finance Corporation (PFC) said on Friday that the company had paid ₹887 crores to the government as interim dividend for the financial year 2021-22. According to a press release, the Maharatna Company said: “This is in addition to ₹333 crores and ₹370 crore paid as first and second interim dividend respectively to Government […]

Finance corporation

Horizon Technology Finance Corporation Sets Prices for Public Offering of Common Stock

FARMINGTON, Conn., March 10, 2022 /PRNewswire/ — Horizon Technology Finance Corporation (Nasdaq: HRZN) (the “Company” or “Horizon”) announced today that it has priced an underwritten public offering of 2,500,000 common shares at a public price of $14.35 per share for aggregate gross proceeds of approximately $35,875,000, before deduction of underwriting commissions and discounts and estimated […]

Finance corporation

Africa: International Finance Corporation launches $75 million Africa Fragility Initiative to promote growth and jobs in Africa

The International Finance Corporation (IFC), a member of the World Bank Group, has launched the Africa Fragility Initiative (AFI), a five-year, $74 million program to support responsible growth and job creation led by the private sector in 32 affected African countries. by fragility and conflict. At the heart of IFC’s strategy to strengthen some of […]

Finance corporation

Horizon Technology Finance Corporation Announces Common Share Offering

FARMINGTON, Conn., March 9, 2022 /PRNewswire/ — Horizon Technology Finance Corporation (Nasdaq: HRZN) (the “Company” or “Horizon”) today announced a proposed primary offering of 2,500,000 shares of common stock. In connection with the proposed offer, the Company intends to grant the underwriters of the offer a 30-day option to purchase up to 375,000 additional common […]

Finance corporation

POWER FINANCE CORPORATION Share Price: Sell Power Finance Corporation, Target Price Rs 101: ICICI Direct

ICICI Direct has sold Power Finance Corporation with a target price of Rs 101. The current market price of Power Finance Corporation is Rs 107.25. The time period given by the analyst is Intra Day when the price of Power Finance Corporation Ltd. can achieve the set goal. Power Finance Corporation Ltd., incorporated in 1986, […]

Finance corporation

Willis Lease Finance Corporation announces that Charles F.

COCONUT CREEK, Fla., March 07, 2022 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis Lease”) announced today that Austin C. Willis, son of Charles F. Willis, has been named the new Chief Executive Officer (“CEO”) of Willis Lease, effective April 1, 2022. Charles F. Willis, Founder and Chief Executive Officer of Willis Lease, […]

Finance corporation

Willis Lease Finance Corporation Announces Charles F. Willis as Executive Chairman and Austin C. Willis as Chief Executive Officer

Willis Lease Finance Corp. The WLFC story continues COCONUT CREEK, Fla., March 07, 2022 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis Lease”) announced today that Austin C. Willis, son of Charles F. Willis, has been named the new Chief Executive Officer (“CEO”) of Willis Lease, effective April 1, 2022. Charles F. Willis, […]

Finance corporation

Sri Lanka – The International Finance Corporation will boost investments…

(MENAFN- Colombo Gazette) The International Finance Corporation must increase its investments in Sri Lanka, with a focus on supporting job creation in the private sector, paving the way for strong investment to help drive the country’s recovery and future growth . The comments from IFC’s Regional Vice President for Asia and the Pacific, Alfonso Garcia […]

Finance corporation

International Finance Corporation to boost investment in Sri Lanka

The International Finance Corporation must increase its investments in Sri Lanka, with a focus on supporting job creation in the private sector, paving the way for strong investment to help drive the country’s recovery and future growth . The comments from IFC’s Regional Vice President for Asia and the Pacific, Alfonso Garcia Mora, came at […]

Finance corporation

Chailease: Announcement for Chailease International Finance Corporation regarding correction of derivatives closed on January 31, 2022

Close Provided by: Chailease Holding Company Limited SEQ_NO 4 announcement date 2022/03/04 Announcement time 10:20:01 Topic Announcement for Chailease International Finance Corporation concerning correction of derivatives ended January 31, 2022 Date of events 2022/03/04 What item it responds to paragraph 51 Declaration 1.Date of occurrence of the […]

Finance corporation

city ​​plans for an international financial company | Business

The process of economic globalization and the gradual removal of economic barriers between countries have favored the formation or expansion of numerous financial and monetary unions with increasingly large transactions. Therefore, many countries have prioritized the formation of highly competitive financial systems, which are also an opportunity to attract foreign investment capital as well as […]

Finance corporation

Logan Ridge Finance Corporation Hosts Fourth Quarter and Fiscal Year 2021 Earnings Release and Conference Call

NEW YORK, March 03, 2022 (GLOBE NEWSWIRE) — Logan Ridge Financial Corporation (“LRFC” or the “Company”) (Nasdaq: LRFC) to report its financial results for the fourth quarter and year ended December 31, 2021 to Monday, March 14, 2022, after market close. The Company will hold a conference call on Wednesday, March 16, 2022 at 9:00 […]

Finance corporation

Portman Ridge Finance Corporation Hosts Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

Portman Ridge Financial Corporation Call scheduled for 9:00 a.m. EST on Friday, March 11, 2022 NEW YORK, March 03, 2022 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) will release its financial results for the fourth quarter and year ended December 31, 2021 on Thursday, March 10, 2022 , after scholarship. The […]

Finance corporation

Logan Ridge Finance Corporation Schedules Fourth Quarter

NEW YORK, March 03, 2022 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (“LRFC” or the “Company”) (Nasdaq: LRFC) will release its financial results for the fourth quarter and fiscal year ended December 31, 2021 on Monday. March 14, 2022, after market close. The Company will host a conference call on Wednesday, March 16, 2022 at […]

Finance corporation

Logan Ridge Finance Corporation plans fourth quarter

NEW YORK, March 03, 2022 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (“LRFC” or the “Company”) (Nasdaq: LRFC) will release its financial results for the fourth quarter and fiscal year ended December 31, 2021 on Monday. March 14, 2022, after market close. The Company will host a conference call on Wednesday, March 16, 2022 at […]

Finance corporation

The Industrial Finance Corporation of Mauritius (IFCM) will act as a catalyst to stimulate industrial development and accelerate long-term economic growth, says Minister of Finance

Download logo The Industrial Finance Corporation of Mauritius (IFCM) Ltd (formerly Investment Support Program Ltd), was launched today in the presence of the Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy; the Minister of Industrial Development, SMEs and Cooperatives, Mr. Soomilduth Bholah; the Chairman of IFCM Ltd, Mr. Jairaj Sonoo; and other personalities […]

Finance corporation

IBF Financial: On behalf of the subsidiary, International Bills Finance Corporation, to announce the appointment of the Chief Information Security Officer.

Close Provided by: IBF Financial Holdings Co., Ltd. SEQ_NO 1 announcement date 2022/02/24 Announcement time 17:30:14 Topic On behalf of the subsidiary, International Bills Finance Corporation, to announce the appointment of Chief Information Security Officer. Date of events 2022/02/24 What item it responds to paragraph 8 Declaration […]

Finance corporation

HDFC share price: Buy Housing Development Finance Corporation, price target Rs 2600: Edelweiss

Edelweiss has a call to buy on Housing Development Finance Corporation with a target price of Rs 2600. The current market price of Housing Development Finance Corporation Ltd. is Rs 2454.05. The time period given by the analyst is Intra Day when the price of Housing Development Finance Corporation Ltd. can achieve the set goal. […]

Finance corporation

International Islamic Trade Finance Corporation signs $1.2 billion annual plan for 2022 for the Islamic Republic of Pakistan

House ” General” International Islamic Trade Finance Corporation signs $1.2 billion annual plan for 2022 for the Islamic Republic of Pakistan Posted by: February 22, 2022 The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) signs the Annual Plan for 2022 in favor of the Government of Pakistan, to provide integrated trade solutions to support the […]

Finance corporation

Volumes soar at the counter of the Housing Development Finance Corporation Ltd

Housing Development Finance Corporation Ltd recorded volume of 71.34 lakh shares at 10:51 a.m. IST on BSE, a 58.8x increase from the two-week average daily volume of 1.21 lakh d actions Gland Pharma Ltd, Westlife Development Ltd, Restaurant Brands Asia Ltd, Mphasis Ltd are among the other stocks to see increased volumes on […]

Finance corporation

LIC offloads 2% in Power Finance Corporation

Life Insurance Corporation (LIC) of India sold 5.35 crore shares or 2.028% stake of Power Finance Corporation (PFCL) between November 1, 2017 and February 17, 2022. After the transaction, LIC reduced its stake in PFCL to 5.069%, down from 7.097% previously. The deal was executed as a market sale. PFCL’s consolidated […]

Finance corporation

Clean Energy Finance Corporation creates $200 million fund for the private sector

The creation of Virescent follows the early success of CEFC’s Innovation Fund, which has invested $150 million in 21 companies and three cleantech accelerator and incubator programs over the past five years. To date, every dollar of investment from the CEFC Innovation Fund has leveraged an additional $3.07 in private sector investment. Its portfolio companies […]

Finance corporation

Autonomous net profit of Tourism Finance Corporation of India declines by 16.71% in December 2021 quarter

Sales fell by 13.06% to Rs 61.79 crore Net profit of Tourism Finance Corporation of India decreased by 16.71% to Rs 20.04 crore in the quarter ended December 2021 from Rs 24.06 crore in the previous quarter ended December 2020. decreased by 13.06% to Rs 61.79 crore in the quarter ended December 2021 […]

Finance corporation

New Mountain Finance Corporation Announces Leadership Appointments

All NEW MOUNTAIN FINANCE CORPORATION news Analyst recommendations for NEW MOUNTAIN FINANCE CORPORATION Sales 2021 269M – – Net income 2021 182M – – Net debt 2021 – – – PER 2021 ratio 7.71x 2021 performance 8.72% Capitalization 1,333 million 1,333 million – capi. […]

Finance corporation

Power Finance Corporation Q3FY22 Consolidated PAT slips QoQ to Rs. 3,580.26 crores

Power Finance Corporation Limited has released its consolidated financial results for the period ended December 31, 2021. Financial Results (Q3 FY2022) – QoQ Comparison The company reported total revenue of Rs. 19,215 crores during the period ended December 31, 2021 compared to Rs. 19,282.60 crores during the period ended September 30, 2021. The company posted […]

Finance corporation

Indian Railway Finance Corporation Autonomous Net Profit Increases 52.27% in December 2021 Quarter

Sales increase by 29.59% to Rs 5,095.96 crore Net profit of Indian Railway Finance Corporation increased by 52.27% to Rs 1593.91 crore in the quarter ended December 2021 from Rs 1046.74 crore in the previous quarter ended December 2020. Sales increased by 29.59% to reach Rs 5095.96 crore during the quarter ended December […]

Finance corporation

JJ Finance Corporation Autonomous Net Income Increases 75.00% in December 2021 Quarter

Sales increase by 16.67% to Rs 0.14 crore Net profit of JJ Finance Corporation increased by 75.00% to Rs 0.07 crore in the quarter ended December 2021 from Rs 0.04 crore in the previous quarter ended December 2020. Sales increased by 16.67% to Rs 0.14 crore in the quarter ended December 2021 compared […]

Finance corporation

Clean Energy Finance Corporation offers $300 million to encourage wood construction

Recent adoption of cross-laminated timber has been modest. Industrial group Forest & Wood Products Australia says local industry has only used 12,000 cubic meters of CLT in the past 12 months – partly due to COVID-related lockdowns and slower project rollouts – but planned projects such as TrueGreen Positive Impact’s 49-storey Sydney Tower and Hines’ […]

Finance corporation

Vastu Housing Finance Corporation Autonomous Net Profit Increases 163.79% in December 2021 Quarter

Sales increase by 63.20% to Rs 116.18 crore Net profit of Vastu Housing Finance Corporation increased by 163.79% to Rs 41.60 crore in the quarter ended December 2021 from Rs 15.77 crore in the previous quarter ended December 2020. Sales increased by 63.20% to Rs 116.18 crore during the quarter ended December 2021 […]

Finance corporation

International Finance Corporation grants $15 million loan to GTBank

By ANTHONY KITIMO The International Finance Corporation (IFC) announced that it had provided a $15 million loan to Guaranty Trust Bank (Kenya) Ltd to lend to local businesses in the country, making it the third bank to secure such a facility in the country. Kenya since the beginning of this year. Earlier this month, I&M […]

Finance corporation

Rock Island County Housing Finance Corporation receives $7 million for new development and housing program

ROCK ISLAND CO., Ill. (KWQC) – Rock Island Housing Finance Corporation has received $7 million in funding for a new multi-family housing development and homeownership pilot program to serve Rock County residents Island. “We are grateful for the funding provided to us by the Illinois Housing Development Authority to continue our mission of creating and […]

Finance corporation

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Specialty Finance Corporation Announce Preferred Dividends

CHICAGO, January 21, 2022–(BUSINESS WIRE)–RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Specialty Finance Corporation are each pleased to announce the declaration of preferred dividends for the first quarter of 2022, as detailed below. Date of departure Registration Date Payment date February 1, 2022 February 2, 2022 February 15, 2022 Fund name Preferred Share Series NYSE […]

Finance corporation

X-Elio’s Blue Grass Solar Project Obtains Loan from Clean Energy Finance Corporation

“We have risen to the financial challenge of supporting early development, while providing substantial investment and jobs to regional Australia. We have also supported the industry during difficult economic times such as COVID-19, while building market confidence and attracting private sector capital. The financing, together with funding from ING and Sumitomo Mitsui Banking Corporation, brought […]

Finance corporation

Power Finance Corporation and REC cut lending rates on all types of loans

State-owned Non-Banking Financial Companies (NBFCs), Power Finance Corporation and REC Ltd have further reduced their lending rates for all types of loans by 40 basis points, according to an official statement. Union Energy Minister RK Singh expressed satisfaction with the two companies’ continued efforts to reduce tariffs and remain competitive, the energy ministry said in […]

Finance corporation

Power Finance Corporation and REC cut loan rates

Power Finance Corporation and REC cut their lending rates New Delhi: Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) further reduced their lending rates for all types of loans, by 40 basis points (bps). The two state-run non-bank financial corporations have managed to cut lending rates due to their low cost of borrowing. PFC […]

Finance corporation

Portman Ridge Finance Corporation will present at the Sidoti Virtual Small Cap Conference

NEW YORK, January 18, 2022 (GLOBE NEWSWIRE) — Portman Ridge Financial Corporation (Nasdaq: PTMN) (the “Company”) will participate in the Sidoti Small Cap Virtual Conference taking place on January 19-20, 2022. Ted Goldthorpe, Chairman and Chief Executive Officer, and Patrick Schaffer, CIO, will present and host one-on-one virtual meetings with investors during the conference. The […]

Finance corporation

Portman Ridge Finance Corporation will present at Sidoti

NEW YORK, Jan. 18, 2022 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) will be participating in the Sidoti Virtual Small Cap Conference to be held January 19-20, 2022. Ted Goldthorpe, Chairman and CEO, and Patrick Schafer, CIO, will present and host one-on-one virtual meetings with investors during the conference. The presentation […]

Finance corporation

Positive earnings growth has not been enough for shareholders of the Tourism Finance Corporation of India (NSE: TFCILTD) to earn a favorable return over the past three years

India Tourism Finance Corporation Limited (NSE: TFCILTD) Shareholders should be pleased to see the stock price rise 19% over the past month. But that doesn’t change the fact that returns over the past three years have been less than pleasing. In fact, the stock price has fallen 51% over the past three years, well below […]

Finance corporation

Indian Railway Finance Corporation raises $500 million through greenback issuance

Indian Railway Finance Corporation (IRFC), the finance arm of Indian Railways, has issued $500 million of denominated, senior, unsecured green notes under its $7 billion global medium-term note program . The greenbacks will have a term of ten years and a coupon rate of 3.57%. The Notes are listed on India International Exchange (IFSC) Limited […]

Finance corporation

4 common misconceptions and solutions for data-driven marketing

Marketers today have a wealth of information at their fingertips. We can find out where our prospects are coming from, what interests them and what influences their buying process. However, quantity does not always equal quality. With how marketing campaigns have become so reliant on data-driven strategies, we wanted to offer some tips and tricks […]

Finance corporation

International Islamic Trade Finance Corporation (ITFC) topped Bloomberg 2021 Global Islamic Finance Rankings as # 1 Bookrunner and Lead Organizer

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) topped the Bloomberg 2021 Islamic Financing League rankings as a global leader as Bookrunner and Chief Mandate Organizer (MLA ). The 2021 World Islamic Funding League tables released by Bloomberg showed the ITFC to be the top bookrunner and the top MLA before international and regional banks. […]

Finance corporation

International Islamic Trade Finance Corporation (ITFC) Tops the 2021 Bloomberg World League of Islamic Finance Rankings as Mandated Lead Bookrunner and Arranger

January 13, 2022 • • International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) has emerged at the top of the Bloomberg 2021 Islamic Financing League Tables as the world leader as Bookrunner and Mandated Lead Arranger (MLA). The Global Islamic Finance League 2021 charts published by Bloomberg showed that ITFC is the best bookrunner and MLA […]

Finance corporation

RiverNorth Specialty Finance Corporation Announces Final Results of Tender Offer | News

CHICAGO–(BUSINESS WIRE)–January 6, 2022– RiverNorth Specialty Finance Corporation (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its offer to buy back up to 5%, or 205,523 of its outstanding common shares. The buyout offer expired at 5:00 p.m. Eastern Time on January 5, 2022. Based on information provided by DST Systems, […]

Finance corporation

RiverNorth Specialty Finance Corporation Announces Final Tender Offer Results

CHICAGO, January 06, 2022– (BUSINESS WIRE) – RiverNorth Specialty Finance Corporation (the “Fund” (NYSE: RSF), a closed-end fund, has announced the final results of its tender offer for up to 5%, or 205,523 of its common shares outstanding) shares. The tender offer expired at 5:00 p.m. Eastern Time on January 5, 2022. Based on information […]

Finance corporation

RiverNorth Specialty Finance Corporation Announces Final Results of Tender Offer

CHICAGO–(BUSINESS WIRE)–RiverNorth Specialty Finance Corporation (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its offer to purchase up to 5%, or 205,523 of its outstanding common shares . The buyout offer expired at 5:00 p.m. Eastern Time on January 5, 2022. Based on information provided by DST Systems, Inc., the tender […]

Finance corporation

Housing Development Finance Corporation Ltd remains supported

Housing Development Finance Corporation Ltd is quoted at Rs 2,622, up 1.37% on the day at 12:54 am IST on the NSE. The stock is up 1.69% in the past year compared to a jump of 24.31% by NIFTY and a jump of 16.14% by the Nifty Financial Services index. Housing Development Finance Corporation Ltd […]

Finance corporation

Emirates News Agency – Tabreed and International Finance Corporation enter partnership for India expansion

DUBAI, 20th December, 2021 (WAM) — The National Central Cooling Company (Tabreed) has entered into a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to invest approximately $400 million in India on next five years. Under the partnership agreement, Tabreed India, currently a wholly-owned subsidiary of Tabreed, will […]

Finance corporation

Activities of the International Finance Corporation in the United Arab Emirates, region discussed

Mohamed Bin Hadi Al Hussaini, Makhtar Diop and other officials at the meeting. Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, met with Makhtar Diop, Managing Director of the International Finance Corporation (IFC) and his accompanying delegation on Wednesday. The meeting, held on the sidelines of Expo 2020 Dubai, aimed to discuss […]

Finance corporation

Ex-dividend date from New Mountain Finance Corporation (NMFC) scheduled for December 15, 2021

NOTew Mountain Finance Corporation (NMFC) will begin trading ex-dividend on December 15, 2021. A cash dividend of $ 0.3 per share is expected to be paid on December 30, 2021. Shareholders who purchased NMFC prior to the ex-dividend date are eligible for payment of the dividend in cash. This is the 6th quarter for which […]

Finance corporation

The International Islamic Trade Finance Corporation launches four-part documentary series on the groundnut sector in Senegal

December 13, 2021 • • The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) will publish a series of four (4) short documentaries that present the depth of ITFC’s interventions in the groundnut sector in Senegal. Called The ITFC Peanut Project: Complete Cycle, the documentary will be broadcast on Africanews from 16e to 31st December 2021 […]

Finance corporation

Kentucky Agricultural Finance Corporation Approves $ 1,925,115 in Loans

FRANKFURT, Ky. – The Kentucky Agricultural Finance Corporation (KAFC) approved $ 1,925,115 for 10 agricultural loans for projects across the Commonwealth at its monthly board meeting. Agricultural Infrastructure Loan Program (AILP) Two agricultural infrastructure loans totaling $ 300,000 have been approved. The loan recipients were in Hopkins ($ 150,000) and Webster ($ 150,000) counties. KAFC […]

Finance corporation

HDFC share price: Buy Housing Development Finance Corporation, target price Rs 3030: Chandan Taparia

Chandan Taparia from Motilal Oswal appealed to the housing development finance company with a price target of Rs 3,030. The current market price of the housing development finance company is Rs 2,771. The period given by the analyst is Intra Day when the price of Housing Development Finance Corporation Ltd. can achieve the defined goal. […]

Finance corporation

Tourism Finance Corporation approves award of MNT worth Rs40cr; Stock up to 1.5%

“Prevent unauthorized transactions in your demat / trading account Update your mobile phone number / e-mail id with your broker / depositary participant. Receive information about your transactions directly from the exchanges on your mobile / e -Email at the end of the day and alerts on your registered mobile for all debits and other […]

Finance corporation

Tourism Finance Corporation of India Raises Rs 400 Million Through Market-Linked Debentures

The Tourism Finance Corporation of India Limited (TFCI) on Wednesday raised resources through market-linked debentures (MLDs). The issue size has been set at INR 250 million with a green shoe option. The show was well received by the market and was underwritten for 400 million INR, including a green shoe of 150 million INR. Debentures […]

Finance corporation

Armenian Finance Minister and International Finance Corporation delegation discuss wide range of cooperation issues

Armenian Finance Minister and International Finance Corporation delegation discuss wide range of cooperation issues 7:03 p.m., December 1, 2021 YEREVAN, DECEMBER 1, ARMENPRESS. Armenian Finance Minister Tigran Khachatryan received International Finance Corporation Regional Director Ivana Fernandes Duarte, Armenia Office Director Arman Barkhudaryan and Armenia Economic Growth Program Director Arsen Nazaryan on December 1. As ARMENPRESS […]

Finance corporation

Indian tourism finance company: Tourism finance company jumps 4% as company considers NCD show

NEW DELHI: Shares of gained up to 4% at the start of trading on Wednesday as the company said it would consider issuing non-convertible bonds on a private placement basis on November 22. The script peaked at Rs 69.15 from the previous close of Rs 66.75 on BSE. During the July-September quarter, Tourism Finance Corporation […]

Finance corporation

Tourism Finance Corporation of India Autonomous Net Profit Declines 1.32% in September 2021 Quarter

Sales drop 5.53% to Rs 61.20 crore Tourism Finance Corporation of India’s net profit declined 1.32% to Rs 21.65 crore in the quarter ended September 2021 from Rs 21.94 crore in the previous quarter ended September 2020. Sales increased Down 5.53% to Rs 61.20 crore in the quarter ended September 2021 from Rs 64.78 crore […]

Finance corporation

Portman Ridge Finance Corporation (PTMN) Ex-dividend date scheduled for November 12, 2021

POrtman Ridge Finance Corporation (PTMN) will begin ex-dividend trading on November 12, 2021. A cash dividend payment of $0.62 per share is expected to be paid on November 30, 2021. Shareholders who purchased PTMN prior to the ex date -dividend are eligible for payment of the dividend in cash. This represents an increase of 933.33% […]

Finance corporation

Power Finance Corporation net profit increases by 17% to Rs 5,023 cr in Q2

State-owned Power Finance Corporation on Thursday posted a 17% increase in its consolidated net profit to Rs 5,023.42 crore in the September quarter, mainly on the back of higher revenue. PFC’s consolidated net profit was Rs 4,289.74 crore in the quarter ended September 30, 2020, according to a BSE filing. The company’s total revenue rose […]

Finance corporation

Power Finance Corporation Autonomous Net Income Increases 32.31% in September 2021 Quarter

Sales increase by 5.33% to Rs 9,722.93 crore Power Finance Corporation’s net profit increased by 32.31% to Rs 2,758.65 crore in the quarter ended September 2021 from Rs 2,085.05 crore in the previous quarter ended September 2020. Sales increased by 5.33% to Rs 9722.93 crore in the quarter ended September 2021 from Rs 9231.00 crore […]

Finance corporation

Africa Finance Corporation incorporates all West African countries as members

NIAMEY, Niger, November 08, 2021–(BUSINESS WIRE)–Africa Finance Corporation (AFC) is delighted to welcome the Republic of Niger as its 33rd member state, bringing our membership of African countries to 60%. “It is a pleasure for me to welcome the Republic of Niger as a member of AFC,” said Samaila Zubairu, President and CEO of AFC. […]

Finance corporation

IFC International Finance Corporation set to increase its annual allocation for India to $3 billion

IFC is expected to increase its annual allocation for India to $3 billion. New Delhi: The International Finance Corporation (IFC) – a member of the World Bank Group – is expected to increase its annual allocation to India to $3 billion (about Rs 22,500 crore) from the current $2 billion. Alfonso Garcia Mora, IFC Regional […]

Finance corporation

Power Finance Corporation Ltd up for third consecutive session

Power Finance Corporation Ltd quotes at Rs 137.5, up 1.33% on the day at 12:54 PM IST on the NSE. The stock is up 50.85% in the past year, compared to a 49.98% jump in NIFTY and a 52.62% jump in the Nifty Financial Services Index. Power Finance Corporation Ltd won for a third straight […]

Finance corporation

Logan Ridge Finance Corporation Schedules Third Quarter

NEW YORK, Nov. 01, 2021 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (Nasdaq: LRFC) (the “Company”) will release its financial results for the third quarter ended September 30, 2021 on Wednesday, November 10, 2021, after the close of Marlet. The Company will host a conference call on Thursday, November 11, 2021 at 9:00 a.m. Eastern […]

Finance corporation

Housing Development Finance Corporation Consolidated Net Income Increases 14.31% in September 2021 Quarter

Sales increase by 13.23% to Rs 38,590.84 crore Housing Development Finance Corporation net profit increased by 14.31% to Rs 5,258.01 crore in the quarter ended September 2021 from Rs 4,599.68 crore in the previous quarter ended September 2020. Sales increased increased by 13.23% to Rs 38,590.84 crore in the quarter ended September 2021 from Rs […]

Finance corporation

Indian Railway Finance Corporation Autonomous Net Profit Increases 50.90% in September 2021 Quarter

Sales increase by 26.28% to Rs 4690.02 crore Net profit of Indian Railway Finance Corporation increased by 50.90% to Rs 1501.48 crore in the quarter ended September 2021 from Rs 995.03 crore in the previous quarter ended September 2020. Sales increased by 26.28% to Rs 4690.02 crore during the quarter ended September 2021 against Rs […]

Finance corporation

National Finance Corporation CEO discusses Ecuador with BMUN – The Ticker

The CEO of the National Finance Corporation, Ecuador’s largest public bank, Eduardo Salgado Manzano, discussed the country’s government, financial sector and economy in front of members of the Baruch Model United Nations during his event on 22 October. During the event, he explained how the Ecuadorian economy before the COVID-19 pandemic was heavily dependent on […]

Finance corporation

HDFC share price: Buy Housing Development Finance Corporation, target price Rs 2990: Kotak Securities

Kotak Securities Limited has a call to buy on Housing Development Finance Corporation with a target price of Rs 2990. The current market price of Housing Development Finance Corporation Ltd. is Rs 2900.5. The time period given by the analyst is Intra Day when the price of Housing Development Finance Corporation Ltd. can achieve the […]

Finance corporation

Logan Ridge Finance Corporation Receives “BBB-” Investment

NEW YORK, Oct. 27, 2021 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (Nasdaq: LRFC) (the “Company” or “Logan Ridge”), a business development company, today announced that it has is assigned a credit rating of “BBB-” by Egan-Jones Rating Company (“Egan-Jones”). In addition, Logan Ridge announced that it has priced a $50 million private placement of […]

Finance corporation

Willis Lease Finance Corporation named Force Partner

COCONUT CREEK, Fla., Oct. 26, 2021 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis”), a leading commercial jet engine lessor, is pleased to announce that it joins the Hilton Grand Vacations 2021 Green Berets at the Golden Bear Charity Golf Tournament as a partner force sponsor. Proceeds from the tournament will exclusively benefit […]

Finance corporation

Willis Lease Finance Corporation Named Partner Force Sponsor for Green Beret Foundation Charity Event

COCONUT CREEK, Fla., Oct. 26, 2021 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis”), a leading commercial jet engine lessor, is pleased to announce that it joins the Hilton Grand Vacations 2021 Green Berets at the Golden Bear Charity Golf Tournament as a partner force sponsor. Proceeds from the tournament will exclusively benefit […]

Finance corporation

Housing Development Finance Corporation Ltd wins for the fifth session

Housing Development Finance Corporation Ltd quotes at Rs 2826, up 0.61% on the day at 12:49 IST on the NSE. The stock is up 39.11% over the past year, compared to a 56.16% gain in NIFTY and a 62.21% gain in Nifty Financial Services. Housing Development Finance Corporation Ltd is in place for […]

Finance corporation

Power Finance Corporation Ltd soars 1.14%, rises for third consecutive session

Power Finance Corporation Ltd quotes at Rs 150.65, up 1.14% on the day at 12:54 PM IST on the NSE. The stock is up 72.66% over the past year, compared to a 56.03% gain in NIFTY and a 62.01% gain in the Nifty Financial Services Index. Power Finance Corporation Ltd rose for a […]