Global Banking Monitor

Tuesday, May 7, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: world

World Bank approves $1 billion loan for Kenya’s development projects

The World Bank said on Tuesday it approved a $1 billion loan to Kenya to support its budget as East Africa's economic powerhouse confronts...

Thailand Needs to Generate More Revenue to Stimulate Spending, Advises World Bank

Thailand must bolster its revenue collection in the long term to meet growing public spending needs stemming from an aging population, according to the...

African Economies’ Debt Outlook Uncertain, Says World Bank Economist

The outlook for Africa's debt sustainability remains "cloudy" as low growth and high inflation challenge the stability of many economies across the continent, the...

Lebanon Receives $300 Million Funding Boost from the World Bank

The World Bank will dispatch $300 million in additional financing for the most vulnerable families in Lebanon, a country mired in what the lender...

World Bank Appeals for Grants and New Capital to Combat Global Crises

The World Bank will press for more grants and new capital from member countries, even as it leverages its balance sheet to scale up...

World Bank Raises Cambodia’s Growth Forecast for 2023 to 5.5%

The World Bank on Thursday raised its growth forecast for Cambodia to 5.5 per cent in 2023, up from its earlier projection of 5.2...

Lebanese Economy Continues to Decline, No Signs of Stabilization, Warns World Bank

The Lebanese economy is in a steep decline and is a long way from any path towards stabilisation, according to the World Bank. The collapse...

Lebanon’s Economic Recovery Hindered by Expanding Dollarized Cash Economy, Says World Bank

Crisis-hit Lebanon's economic recovery is hampered by a growing dollarised cash economy, which is predicted to be $9.9 billion in 2022, or almost half...

World Bank Cuts India’s Growth Projection for Current Fiscal Year to 6.3%

The World Bank on Tuesday lowered its forecast for India’s economic growth in the current fiscal year that started on April 1 to 6.3%...

World Bank Chief Raises Global Growth Forecast for 2023, Citing Improving Debt Outlook

World Bank Group President David Malpass said on Monday that the lender has revised its 2023 global growth outlook slightly upward to 2% from...

World Bank Urges Swift Changes to Debt Restructuring Processes to Tackle Rising Economic Uncertainty

The World Bank will push to resolve the mounting debt problems of poor countries and along with the International Monetary Fund will present concrete...

UAE Takes Part in Annual Spring Meetings of World Bank Group and IMF

The United Arab Emirates, represented by the Ministry of Finance (MoF), is participating in the 2023 Spring Meetings of the World Bank Group (WBG)...

World Bank may offer $50 billion more in loans over the next decade through reform

The World Bank’s ongoing reform could result in a $50 billion lending boost over the next decade, Treasury Secretary Janet Yellen told AFP ahead...

IMF Calls on China to Meet World Debt-Restructuring Standards

China, the biggest bilateral creditor to developing countries, needs to show it can operate within established international debt-relief processes for poor nations such as...

- A word from our sponsors -

spot_img

Follow us

HomeTagsWorld