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Banking & Financial Services

KfW IPEX-Bank finances two eco-friendly vessels for Langh Ship

KfW IPEX-Bank has announced a EUR 35 million financing venture with Finnish shipping company Langh Ship for two new eco-friendly container feeder vessels.


Banking & Financial Services

Contactless payments hit record 94.6% of UK in-store transactions in 2024

New data from Barclays reveals that contactless payments have set a new record for in-store transactions in the UK, accounting for 94.6% of eligible transactions in 2024.


Banking & Financial Services

Siemens donates €200,000 for earthquake relief in Myanmar and Thailand

Siemens AG in collaboration with Siemens Healthineers AG has announced a donation of €200,000 to aid victims of the recent earthquake in Myanmar and Thailand.


Banking & Financial Services

ING reports progress in €2.0 billion share buyback programme

ING completed another week of its €2.0 billion share buyback programme, originally announced on October 31, 2024.


Banking & Financial Services

Rwanda’s GDP growth driven by strong private consumption and investment

Rwanda's economy saw significant growth in 2024, with a real GDP increase of 8.9%, surpassing the prior year's 8.2%.


Banking & Financial Services

World Bank commits $500 million for job creation in Türkiye earthquake zones

The World Bank Board has announced the approval of a $500 million funding initiative aimed at creating jobs and supporting businesses in areas of Türkiye affected by the February 2023 earthquakes.


Banking & Financial Services

Consumer confidence up 1.1 points, driven by current financial optimism

Consumer confidence saw a slight increase last week, rising by 1.1 points to 85.3 according to recent data.


Banking & Financial Services

Fubon merges with Jih Sun Securities to expand asset management capabilities

Fubon Asset Management has successfully merged with Jih Sun Securities Investment Trust, marking a significant step in its goal to become "The First-class Asset Management Company in Asia."


Banking & Financial Services

Barclays appoints Jason Short to lead West Coast financial sponsor client coverage

Barclays has announced the appointment of Jason Short as a Managing Director in its Financial Sponsors Group (FSG), a move aimed at strengthening its agreements with financial sponsor clients on the West Coast.


Banking & Financial Services

Peruvian author Gabriela Wiener reads at lit.COLOGNE 2025 in Cologne

DEG recently hosted Gabriela Wiener, a Peruvian author and journalist, at a reading event during the lit.


Banking & Financial Services

World Bank supports public works project to aid South Sudan farming communities

Since gaining independence in 2011, South Sudan has faced numerous challenges due to community-based conflicts, persistent flooding, and macroeconomic issues.


Banking & Financial Services

KfW Entrepreneurs’ Award 2025 opens for applications in Germany

The KfW Entrepreneurs’ Award 2025 application process has commenced, with opportunities available for young companies and start-ups.


Banking & Financial Services

World Bank boosts Mali and Chad flood relief with $100 million funding

The World Bank has announced an approval for additional financing from the International Development Association amounting to $100 million, aimed at assisting Mali and Chad in mitigating the impacts of the 2024 floods.


Banking & Financial Services

E*TRADE releases monthly sector rotation study results

E*TRADE from Morgan Stanley has released the findings from its monthly sector rotation study.


Banking & Financial Services

Zambia explores solar solutions to boost electricity access by 2030

Access to electricity in Zambia has increased from 30% in 2017 to nearly 50% currently.


Banking & Financial Services

NCUA issues prohibition orders to six former credit union employees

The National Credit Union Administration (NCUA) has issued four consent orders and two prohibition notices in March 2025.


Banking & Financial Services

World Bank supports Philippines' energy transition and water management development

The World Bank has approved a financial operation to assist the Philippines in advancing its energy transition and climate resilience efforts.


Banking & Financial Services

World Bank approves $1.08 billion to support Nigeria's education and nutrition sectors

The World Bank has given the green light to three significant operations designed to bolster education, nutrition, and community resilience in Nigeria, with a combined concessional financing total of $1.08 billion.


Banking & Financial Services

Liberia's forest sector initiative strengthens community governance and promotes sustainable management

Deforestation remains a critical global issue, with 10 million hectares of forests lost every year and an additional 70 million hectares due to fires.


Banking & Financial Services

World Bank calls for inclusive education to address global learning barriers

Inclusive education is the focus of a recent initiative aimed at ensuring equal access to education for all students, regardless of their diverse educational needs.