Frankfurt / AP Deutsche Bank says it has completed a buyback of euro-denominated bonds aimed at demonstrating its financial strength after violent swings in the bank’s share price. The bank said investors had offered to sell only 1.75 billion euros ($1.92 billion) worth of bonds under the bank’s bid to repurchase 3 billion euros of them. Of that, Deutsche Bank ...

Jeddah / Emirates Business The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, signed a US$75 million Syndicated Murabaha Financing agreement on Sunday, with the Government of Senegal, with Suneor (the major player in the Senegalese groundnut sector) as Executing Agency. . The signing ceremony took place at the headquarters of the ITFC ...

Colombo / AFP The Asian Development Bank on Tuesday announced over $2.0 billion in loans and equity to Sri Lanka, which is in negotiations with the International Monetary Fund for a bailout. ADB president Takehiko Nakao said the money would be used to finance expressways, railways, power generation and education. It covers 2016 through 2018 and compares with $1.5 billion ...