The FINANCIAL -- The World Bank Board of Executive Directors approved on April 9 a US$130 million loan for the Brazil Federal District Multisector Management Project, which will support public sector management and accountability reforms and increase the access, quality and efficiency of education, health and public transport services, especially for the low income population.

The FINANCIAL -- Ensuring funds for social spending and countercyclical measures to help Peru face the impacts of the international financial crisis is one of the main objectives of the US$330 million loan approved today by the World Bank ’s Board of Executive Directors.

The FINANCIAL -- Global Finance, international financial magazine, awarded UkrSibbank the “2009 Best Emerging Markets Bank in Central and Eastern Europe (Ukraine)”.

The FINANCIAL -- The Bank of England’s Monetary Policy Committee on April 9 voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%.

The FINANCIAL -- BayernLB, Deutsche Bank, JP Morgan and Royal Bank of Scotland have acted as joint lead managers in placing a EUR 500 million bond for Lanxess Finance B.V. under a guaranty by Lanxess AG.