Parliament, on Tuesday, approved a US$360 million loan facility from the International Development Association (IDA) of the World Bank Group to ...

Spain has partnered with the World Bank to help poorer countries free up money to spend on development and conservation via ...

Slovenia has announced a 30% increase in its contribution to the World Bank's International Development Association (IDA), reinforcing its commitment to supporting the world's poorest countries. The ...

State Bank of India came into being via government order on July 1, 1955. The Bank has been a poster boy for the surge of the India success story ...

Treating Afreximbank and the Trade and Development Bank as commercial creditors would reduce their capacity to finance ...

Bengaluru: The World Bank approved a $426 million (Rs 3,700 crore) loan for the ‘Karnataka Water Security and Resilience Programme' to help revive the city's 183 lakes. These lakes act as natural ...

By Samuel Kweku KUMAH, Donatus KUUZUME & Eugene Nii Ayaa TETTEH In the global race toward net-zero, Ghana is not merely keeping pace—it’s attempting to redefine the rules. Confronted with the dual ...

Johannesburg, Jun 23 (AP) The World Bank granted South Africa a USD 1.5 billion loan to upgrade transportation infrastructure and help it transition toward a low-carbon economy, the country's National ...

This has plunged many banks into a severe liquidity crisis. Unable to recover loans, they are now struggling to return depositors' funds. Among the country's 61 banks, at least 16 are in precarious ...

This report calls for a radical shift toward debt transparency as critical to debt sustainability, urging legislative reforms ...

According to the Federal Reserve Bank of New York, about 1 in 4 people with student loan accounts were more than 90 days behind on payments at the end of March.

With nearly a quarter of all outstanding loans turned non-performing, banks, already in liquidity crunch, will have to keep aside more funds for provisioning, which will limit fresh credit to ...