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Shareholders of the European Bank for Reconstruction and Development approve the bank's expansion in Iraq and Africa
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[rtl]Baghdad / NINA /- The European Bank for Reconstruction and Development announced, today, Thursday, the shareholders' approval of the bank's expansion in Iraq and Africa.
And he said in a statement: There is a study of a proposal to increase the capital by between three and five billion euros.
He added: A detailed proposal on increasing the paid-up capital will be prepared by the end of this year, pledging more support for war-torn Ukraine.
Last March, the European Bank for Reconstruction and Development announced the allocation of $1.6 billion over the next two years to support reconstruction and recovery in areas hit by the earthquake in Turkey three months ago./End 3 To receive more news, subscribe to our Telegram[/rtl]
And he said in a statement: There is a study of a proposal to increase the capital by between three and five billion euros.
He added: A detailed proposal on increasing the paid-up capital will be prepared by the end of this year, pledging more support for war-torn Ukraine.
Last March, the European Bank for Reconstruction and Development announced the allocation of $1.6 billion over the next two years to support reconstruction and recovery in areas hit by the earthquake in Turkey three months ago./End 3 To receive more news, subscribe to our Telegram[/rtl]
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