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   Loan aims to bolster tourism industry in Antigua and Barbuda (Miami Herald) image



Antigua and Barbuda is seeking a $30 million loan from the Caribbean Development Bank to weather the global financial crisis. Government spokesman Winston Henry says officials are finalizing plans to secure the funds for infrastructure development and job creation.

Source:Loan aims to bolster tourism industry in Antigua and Barbuda (Miami Herald)


John Mason, chief investment officer for ING Bank, was named a director at the Federal Home Loan Bank of Pittsburgh.

Source:Mason named a director of Federal Home Loan Bank of Pittsburgh (Pittsburgh Tribune-Review)


Spartan Infotech has partnered with Dimensions Financial Software Consultancy Services (Dimensions Financials), India to bring Core / Islamic Banking and vertical IT Solutions to the Middle East market comprising of Bahrain, Saudi Arabia and Qatar.

Source:Spartan Infotech launches Core Banking, Islamic Banking and Vertical IT Solutions for Logistics, Fleet Management and … (AME Info)


Foundation raises $5.5-million after appeal for donations

Source:Wikipedia pulls in flood of cash from users (The Globe and Mail)


LONDON, Dec 30 (Reuters) – The European Bank of Reconstruction and Development (EBRD) said on Tuesday it had teamed up with the IFC to provide a $200 million loan package to Georgia’s largest bank to help it deal with the impact of the credit crunch and the country’s war with Russia in August.

Source:EBRD joins IFC for $200 mln Bank of Georgia loan (The Forex Market)

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