Tagged: development finance

September 30, 2023 @ 11:01 am By Michael Wong  |  

The Saudi Fund for Development (SFD) has agreed to contribute $10 million to the Special Fund Window for Less Developed Members (SFW) of the Asian Infrastructure Investment Bank (AIIB), according to an announcement. The agreement was signed by Sultan Abdulraham Al-Marshad, CEO of SFD, and… Read More

September 23, 2023 @ 1:11 pm By Omar Faridi  |  

The Northern Ireland Housing Executive (NIHE) has reportedly invested more than £32m into building more than 400 new social homes in the north east of the country last year, the team at UK’s Blend Network has noted. Blend Network, a development finance lender, says it’s… Read More

September 16, 2023 @ 4:48 pm By Michael Wong  |  

The International Finance Corporation (IFC), a member of the World Bank Group, is allocating a $10 million loan to Uzbekistan’s Ipak Yuli Bank in a bid to bolster the bank’s lending initiatives directed at small and medium enterprises (SMEs), especially those owned by women. The… Read More

September 14, 2023 @ 6:54 am By Michael Wong  |  

The OPEC Fund for International Development (OPEC Fund) has sanctioned financing exceeding $150 million for initiatives across Africa, Asia, Latin America, and the Caribbean. These funds will target modern infrastructure development in sectors like health, education, agriculture, water, and sanitation, and also extend financial assistance… Read More

August 30, 2023 @ 2:27 pm By Michael Wong  |  

World Bank Group member International Finance Corporation (IFC) has committed a record $11 billion to 108 projects in Asia and the Pacific this year to alleviate poverty and increase prosperity amid challenges such as climate change, gender inequality, food and energy insecurity, and higher inflation…. Read More

August 4, 2023 @ 11:29 am By Omar Faridi  |  

Specialist finance provider Assetz Capital is pleased to announce a recent agreement for a development exit loan in the town of Frome, Somerset. The lender will be “providing financing to support the ground-up development of an impressive scheme comprising 7 townhouses, 2 detached houses, and… Read More

August 15, 2022 @ 4:19 pm By Omar Faridi  |  

AutoLend is one of Blend Network’s most “popular” features. As explained by UK’s Blend Network, a specialist development finance lender, Autolend is used by many of their investors “to ensure they don’t miss the chance to lend on [their] loans.” Melissa Turnbull from Blend Network’s… Read More

May 17, 2022 @ 8:57 am By Omar Faridi  |  

Following a £10 million equity funding round late last year and a period of “rapid expansion” at Blend Network, the team is now expanding their UK local and regional footprint “with the opening of a number of satellite offices across the UK regions.” In March,… Read More

April 11, 2022 @ 8:19 am By Omar Faridi  |  

UK’s Blend Network has reportedly acquired a £120 million funding line from a group of family offices, which the firm said it would use to scale its existing loan book. Yann Murciano, CEO at Blend Network, a specialist development finance lender, explained that obtaining the… Read More

March 9, 2022 @ 7:13 am By Omar Faridi  |  

Blend Network recently released its first annual Predictions in Development Finance report. Set out in this report is an analysis of “the challenges and obstacles, but also the opportunities within the market,” the team at Blend Network noted in a blog psst. The development finance… Read More

February 13, 2022 @ 3:02 pm By Omar Faridi  |  

At specialist development finance lender, Blend Network, the team prides itself on being by their client’s side, assisting them with borrowing funds for their initiatives. Even at the heights of the COVID-19 crisis, the team reports that they continued lending and deploying capital into projects… Read More

February 6, 2022 @ 11:55 pm By Omar Faridi  |  

Digital transformation has worked its way through the bedrock of many industries, from Netflix’s transformation of cable and blockbuster video to Uber’s considerable influence over the ways we access transportation services. Meanwhile, the property market has remained “relatively immune” to such changes. However, Roxana Mohammadian-Molina,… Read More

February 14, 2021 @ 9:10 am By Omar Faridi  |  

Aaron Cummings, Portfolio Manager at LendInvest, a leading UK based Fintech firm focused on the property finance sector, recently commented on his role, which is to deliver on development loans. Cummings also offered insights regarding what good portfolio management is all about. Cummings, who reportedly… Read More