HANOI, Vietnam – International Finance Corporation (IFC), a member of the World Bank Group, signed a memorandum of understanding (MoU)…
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The World Bank (International Bank for Reconstruction and Development or IBRD) has issued two tranches of catastrophe-linked bonds (CAT bonds)…
Two infrastructure projects in Bangladesh have received USD507m from the World Bank. The two projects will help develop the much-needed…
The World Bank has trimmed its growth for Indonesia from 5.3 percent to 5.2 percent this year, citing global uncertainty…
The World Bank said that a number of factors, including policy uncertainty, will hit global trade growth this year, following…
Mongolia’s economy has been hit hard by a sharp decline in commodity prices and a slump in foreign direct investment…
MANILA, PHILIPPINES – The World Bank (WB) cited the financial consumer regulatory environment in the domestic banking system in its…
Chinese President Xi Jinping said the China-backed Asian Infrastructure Investment Bank (AIIB) is an open initiative and all countries are…