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Banking & Financial Services

BMO lowers US dollar prime lending rate to 7.50 percent

BMO Financial Group has announced a reduction in its US dollar prime lending rate.


Banking & Financial Services

World Bank supports major road connectivity project in northwestern Honduras

The World Bank has approved a significant project aimed at improving road connectivity in northwestern Honduras.


Banking & Financial Services

KfW IPEX-Bank supports Neoen's Australian renewable energy expansion

KfW IPEX-Bank is playing a significant role in the expansion of Neoen's renewable energy portfolio in Australia.


Banking & Financial Services

World Bank approves $100M funding for Togo's digital transformation

The World Bank has approved a $100 million financing initiative to support Togo's digital transformation.


Banking & Financial Services

Morgan Stanley acquires eight senior living communities with Brightview partnership

Morgan Stanley Investment Management, through its Morgan Stanley Real Estate Investing (MSREI) arm, has announced a partnership with Brightview Senior Living to acquire eight senior housing communities.


Banking & Financial Services

FSB consults on tackling non-bank finance leverage risks

The Financial Stability Board (FSB) has released a consultation report addressing leverage in non-bank financial intermediation (NBFI).


Banking & Financial Services

Macquarie invests in Australian real estate manager IDA

Macquarie Real Estate Partners (MREP), managed by Macquarie Asset Management's Real Estate division, has announced an investment in IDA, a specialist Australian real estate private credit and investment manager.


Banking & Financial Services

World Bank approves $100M package for Zambia's climate resilience

The World Bank's Board of Executive Directors has sanctioned a new financial initiative aimed at bolstering Zambia's resilience against natural disasters.


Banking & Financial Services

Haiti's crisis persists as residents strive for progress with international aid

In the face of Haiti's enduring challenges, Roseline Jozil's resilience mirrors that of countless others striving for progress amidst adversity.


Banking & Financial Services

ANZ warns Australians about holiday season scams

As the holiday season approaches, ANZ is advising Australian shoppers to remain vigilant against potential scams.


Banking & Financial Services

Consumer confidence declines as major household purchase index falls

Consumer confidence saw a decline last week, dropping 1.6 points to reach 83.9 points.


Banking & Financial Services

ANZ supports new Melton Hospital with sustainable financing

ANZ has announced its support for the New Melton Hospital Project by providing sustainable loan financing aimed at transforming healthcare services in Melbourne's outer west.


Banking & Financial Services

Americans plan reduced spending amid rising living costs: BMO survey

The BMO Real Financial Progress Index indicates that rising living costs are leading many Americans to plan reduced spending in 2025.


Banking & Financial Services

World Bank advises Armenia on fairer taxes and efficient educational spending

A new report from the World Bank suggests that Armenia could achieve its revenue, education, and sustainable growth targets by making its tax system fairer and investing in educational quality.


Banking & Financial Services

World Bank approves $2 billion package for Ukraine's economic growth

The World Bank's Board of Executive Directors has approved a Development Policy Operation (DPO) for Ukraine, aiming to enhance the country's economic policy framework and financial stability.


Banking & Financial Services

Serbia's path to resilience: Adapting to climate change through strategic investments

Serbia faces a range of climate-related hazards, including floods, landslides, droughts, heat waves, wildfires, and earthquakes.


Banking & Financial Services

KfW opens applications for Urban Living Awards with EUR 40k prize pool

Applications are now open for the KfW Award Urban Living 2025, marking the second occasion that KfW Group is offering these awards.


Banking & Financial Services

FSB proposes new policies to address leverage in non-bank finance

The Financial Stability Board (FSB) has released a consultation report with nine policy recommendations aimed at addressing leverage risks in the non-bank financial intermediation (NBFI) sector.


Banking & Financial Services

World Bank funds hydropower project in Tajikistan with $350 million grant

The World Bank has approved a $350 million International Development Association grant to support the completion of the Rogun Hydropower Plant (HPP) Project in Tajikistan.


Banking & Financial Services

World Bank shares stories of resilience from four countries

The World Bank has released an immersive story that explores how various governments and communities are working towards a resilient future.