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Banking & Financial Services

KfW Capital invests EUR 100 million into climate-tech venture capital funds

KfW Capital has announced the successful full investment of approximately EUR 100 million in seven venture capital funds as part of its Green Transition Facility.


Banking & Financial Services

KfW IPEX-Bank supports Stagecoach's growth and electrification plans

KfW IPEX-Bank is providing financial support to Stagecoach Group, aiding the company's refinancing efforts.


Banking & Financial Services

German SMEs face continued decline as confidence drops again

Confidence among German small and medium-sized enterprises (SMEs) continues to decline as the year comes to a close.


Banking & Financial Services

World Bank highlights challenges and prospects for China's economic growth

China's economy has shown resilience with a growth rate of 4.8 percent in the first three quarters of 2024, according to a World Bank report released on December 26, 2024.


Banking & Financial Services

Boxing Day sees Brits return to stores amid cost-of-living concerns

Boxing Day sales in the UK are expected to see significant consumer participation, with shoppers projected to spend an average of £236 each.


Banking & Financial Services

ING continues progress on €2 billion share buyback programme

ING has provided an update on its ongoing €2.0 billion share buyback programme, initially announced on October 31, 2024.


Banking & Financial Services

World Bank approves $450 million for Sindh flood recovery

ISLAMABAD, December 24, 2024—The World Bank has approved an additional $450 million for the Sindh Flood Emergency Housing Reconstruction Project.


Banking & Financial Services

World Bank allocates $12 million for earthquake recovery efforts in Vanuatu

The World Bank has expedited a grant of $12 million to aid Vanuatu in the aftermath of a severe earthquake that struck on December 17.


Banking & Financial Services

World Bank supports Uzbek solar project with $3.5M guarantee

The World Bank has approved $3.5 million in financing for Uzbekistan to support the development of renewable energy through a payment guarantee.


Banking & Financial Services

World Bank provides $900M loan for sustainability projects in Bangladesh

Bangladesh and the World Bank have signed two financing agreements totaling $900 million to enhance environmental sustainability, inclusive growth, and climate resilience in the country.


Banking & Financial Services

Overcoming psychological barriers in charitable giving

Philanthropy is undergoing significant changes, driven by societal shifts and an unprecedented wealth transfer.


Banking & Financial Services

Yuanta FHC wins national award for sustainability efforts

Yuanta Financial Holding Company (FHC) has been recognized with a National Sustainable Development Award by Taiwan's National Council for Sustainable Development, known as the Sustainability Council.


Banking & Financial Services

World Bank report addresses challenges in Central Africa's forestry sector

The World Bank has released the seventh edition of the CEMAC Economic Barometer, a report analyzing economic conditions in the Central African Economic and Monetary Community (CEMAC) region.


Banking & Financial Services

World Bank supports Amaravati's growth into an economic hub

The Government of India has sought assistance from the World Bank to develop Amaravati as a new economic hub and state capital for Andhra Pradesh.


Banking & Financial Services

Crystal Simeoni shares wisdom with African women economists at TAP-AAAWE webinar

Recently, the Think Africa Partnership (TAP) and the Association for the Advancement of African Women Economists (AAAWE) hosted a webinar titled "African Women in the Economics Profession."


Banking & Financial Services

World Bank approves $800M loan for Amaravati City development

The World Bank's Board of Executive Directors has approved an $800 million program to support the development of Amaravati City in Andhra Pradesh, India.


Banking & Financial Services

Yuanta FHC honored with national award for sustainability efforts

Yuanta Financial Holding Company (FHC) has been recognized with a National Sustainable Development Award by Taiwan's National Council for Sustainable Development, also known as the Sustainability Council.


Banking & Financial Services

ANZ withdraws resolution on CEO's long-term remuneration at AGM

ANZ has disclosed the direct and proxy votes received for each resolution ahead of its Annual General Meeting.


Banking & Financial Services

ANZ chairman addresses financial performance and non-financial risks at annual general meeting

Good morning ladies and gentlemen, Paul O’Sullivan, Chairman of ANZ, addressed the 2024 Annual General Meeting of ANZ Group Holdings Limited.