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Kyrgyz Republic collaborates with World Bank for energy reform initiatives
By Globe Banner | Jun 20, 2025
The Kyrgyz Republic is collaborating with the World Bank Group to advance reforms in energy development and sustainable growth.
Sun Life announces conversion results for preferred shares series
By Globe Banner | Jun 20, 2025
Sun Life Financial Inc. has announced the results of its conversion privilege for Class A Non-cumulative Rate Reset Preferred Shares Series 8R and Class A Non-cumulative Floating Rate Preferred Shares Series 9QR.
World Bank approves $500 million loan for reforms in Bangladesh
By Globe Banner | Jun 20, 2025
The World Bank has approved a $500 million financing package to enhance transparency and accountability in Bangladesh's public institutions, as well as to improve corporate governance and stability within the financial sector.
KfW IPEX-Bank finances new vessels for offshore wind service provider Cadeler
By Globe Banner | Jun 20, 2025
KfW IPEX-Bank, as part of a consortium of commercial banks, has financed two wind turbine installation vessels (WTIV) for the Danish company Cadeler.
Brennan Kennedy appointed chief actuary at Sun Life
By Globe Banner | Jun 19, 2025
Sun Life Financial Inc. has announced the appointment of Brennan Kennedy as Senior Vice-President and Chief Actuary, effective October 4, 2025.
World Bank calls for urgent reforms in resource-rich CEMAC region
By Globe Banner | Jun 19, 2025
The World Bank has released a new report highlighting the need for reforms in the CEMAC region to boost economic growth, create jobs, and reduce poverty.
World Bank urges changes in global debt reporting practices
By Globe Banner | Jun 19, 2025
More developing economies are increasingly relying on off-budget and complex borrowing arrangements due to a tighter financing environment, according to a new World Bank report on debt transparency.
Siemens lists energy business on India's National Stock Exchange
By Globe Banner | Jun 19, 2025
Siemens has successfully listed its energy business in India, marking a significant milestone with the listing of Siemens Energy India Limited on the National Stock Exchange of India.
Maile Carnegie announces retirement from ANZ after nine years
By Globe Banner | Jun 19, 2025
ANZ has announced that Maile Carnegie will retire from her role as Group Executive Australia Retail on July 1, 2025.
World Bank report examines Mauritania's economy amid challenges
By Globe Banner | Jun 19, 2025
NOUAKCHOTT, JUNE 19, 2025 - The World Bank Group has released the eighth edition of its Mauritania Economic Update.
World Bank approves $250 million financing for Morocco's social safety net reform
By Globe Banner | Jun 19, 2025
The World Bank has approved a $250 million financing package to aid Morocco's social protection reform.
Farzad Billimoria appointed head of private bank for UAE at Barclays
By Globe Banner | Jun 19, 2025
Barclays has announced the appointment of Farzad Billimoria as Head of Private Bank for the United Arab Emirates (UAE).
Gulf Cooperation Council forecasts medium-term economic growth
By Globe Banner | Jun 19, 2025
Economic growth in the Gulf Cooperation Council (GCC) is forecasted to rise in the medium term, with projections indicating a 3.2% increase in 2025 and a further rise to 4.50% in 2026.
World Bank urges Philippine private sector reform amid global uncertainties
By Globe Banner | Jun 19, 2025
Stimulating private sector growth and job creation is crucial for the Philippines to sustain inclusive growth amid global uncertainties, as highlighted by the World Bank in its latest report.
ANZ warns Australians about increased scam risks during EOFY
By Globe Banner | Jun 19, 2025
ANZ has issued a reminder to its customers to remain vigilant against scams during the end of the financial year (EOFY), a period when scammers often target Australians.
World Bank calls for radical changes in global debt reporting practices
By Globe Banner | Jun 19, 2025
More developing economies are increasingly resorting to off-budget and complex borrowing arrangements due to a tighter financing environment, complicating the assessment of public debt exposures.
World Bank urges Mauritania to diversify economy amid slowing growth
By Globe Banner | Jun 19, 2025
The World Bank's recent economic update on Mauritania reveals a slowdown in the country's growth rate, which decreased to 5.2% in 2024 from 6.4% in 2023.
FSB highlights vulnerabilities among non-bank commercial real estate investors
By Globe Banner | Jun 19, 2025
The Financial Stability Board (FSB) has released a report focusing on vulnerabilities in non-bank commercial real estate (CRE) investors.
Economic barometer reveals moderate growth but significant challenges for CEMAC
By Globe Banner | Jun 19, 2025
The latest CEMAC Economic Barometer report, released in the spring of 2025, outlines the economic status and challenges facing the Central African Economic and Monetary Community (CEMAC).
World Bank projects Lebanese economy growth amid fragile stabilization
By Globe Banner | Jun 19, 2025
Lebanon's economy is expected to grow by 4.7% in 2025, according to the World Bank's latest Lebanon Economic Monitor (LEM).