Tuesday 24 December 2024
 
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Dutch bank

Dutch bank funding Uganda renewable energy project

Dutch development bank FMO has arranged a $14.7 million senior loan for the financing of the Tororo solar PV project in Uganda. The plant will be developed and owned by Building Energy, multinational company operating as a global

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ABN Amro plans massive job cuts

Nationalised Dutch bank ABN AMRO is shedding 2,350 jobs - some nine per cent of its workforce - as the state readies it for a return to private hands. The bank said it expected 1,500 redundancies and 850 positions to be lost through natura

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ABN profit surges to $1.5 billion

Dutch state-owned bank ABN AMRO, which is being readied for a stock market listing in 2014, said its operating profit surged seven-fold in 2010, thanks mainly to lower loan losses. The Dutch state nationalised the local ABN and Fortis

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DFSA signs MoU with Dutch bank

The Dubai Financial Services Authority (DFSA) has entered into a memorandum of understanding (MoU) with the De Nederlandsche Bank (DNB) regarding cooperation and exchange of regulatory information.  The DNB is the Netherland’s pruden

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