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Banking & Financial Services

World Bank approves $200 million program for wastewater management in Peru

The World Bank has approved a $200 million, 10-year program to help Peru improve wastewater management and promote circular economy strategies in the water sector.


Banking & Financial Services

NCUA bars five former credit union employees from working at federally insured institutions

The National Credit Union Administration (NCUA) announced on September 30, 2025, that it has issued five prohibition orders against former credit union employees.


Banking & Financial Services

NCUA announces over $3.4 million in grants for low-income-designated credit unions

The National Credit Union Administration (NCUA) has announced that more than $3.4 million in funding will be available to low-income-designated (LID) credit unions through the Community Development Revolving Loan Fund (CDRLF) for 2025.


Banking & Financial Services

UOB launches instant cross-border card rewards redemption for Singapore customers traveling to Johor

UOB has introduced a new feature allowing Singapore credit card customers to redeem UNI$ rewards points instantly at eligible merchants in Johor, Malaysia.


Banking & Financial Services

Fubon Group donates NT$20 million for Hualien typhoon recovery

In response to the damage caused by Typhoon Ragasa in Hualien's Guangfu Township, Fubon Group and Fubon Financial Holding Co., Ltd. (Fubon FHC) have announced a joint donation of NT$20 million to support disaster relief and reconstruction efforts...


Banking & Financial Services

Founder of Binance on Financial Times report: 'YZiLabs was not spun out of Binance'

Changpeng "CZ" Zhao, founder of Binance, has addressed what he claims to be misrepresentations by the Financial Times regarding YZiLabs' status and his legal case.


Banking & Financial Services

Lisa Miller & Associates reports Florida Attorney General lawsuit against roofing company after 131 complaints

Lisa Miller & Associates has released a comprehensive update on property insurance developments, highlighting several key issues including a lawsuit by the Florida Attorney General against a roofing company, hurricane rebuilding advice, the...


Banking & Financial Services

Ten European banks join new distributed ledger initiative led by SWIAT

Ten European financial institutions have joined forces to launch the Regulated Layer One (RL1) initiative, which aims to establish a common distributed ledger under open and credible governance for regulated market participants.


Banking & Financial Services

World Bank launches $137 million project for natural resource management in Zambia

The World Bank has approved the second phase of the Transforming Landscapes for Resilience and Development (TRALARD II) project in Zambia.


Banking & Financial Services

Morocco sees major rise in preschool enrollment amid push for universal early education

Preschool enrollment in Morocco has seen a significant increase since 2018, following the government’s commitment to provide universal access for children aged 4 to 5 by 2028.


Banking & Financial Services

World Bank approves $500 million plan to modernize Indonesian power grid

The World Bank has approved a $500 million program aimed at transforming Indonesia’s electricity distribution system in the Java, Madura, and Bali regions.


Banking & Financial Services

World Bank approves $430 million loan for disaster resilience in Guatemala

The World Bank’s Executive Board has approved a $430 million project to help Guatemala improve its resilience against natural disasters and extreme climate events.


Banking & Financial Services

Türkiye expands building renovation program after World Bank project exceeds efficiency targets

Energy efficiency upgrades in Türkiye’s public buildings are showing measurable benefits, according to the World Bank-funded Türkiye Energy Efficiency in Public Buildings project.


Banking & Financial Services

World Bank details accountability measures for $41 billion PEACE Project in Ukraine

Since the start of Russia's invasion of Ukraine in February 2022, the World Bank has worked with international partners to provide financial support for the Ukrainian government.


Banking & Financial Services

World Bank calls for people-centered reforms amid rising poverty rates in Pakistan

The World Bank has released a new report titled “Reclaiming Momentum Towards Prosperity: Pakistan’s Poverty, Equity and Resilience Assessment,” offering a comprehensive look at poverty and welfare trends in Pakistan since the early 2000s.


Banking & Financial Services

World Bank launches $100 million program to boost inclusive digital access in Zambia

The World Bank Group has approved the Digital Zambia Acceleration Project (DZAP), a new initiative designed to expand internet access and promote the use of digital services in Zambia.


Banking & Financial Services

World Bank Group accelerates $4 billion support for Argentina's economic reforms

The World Bank Group has announced an acceleration of its support for Argentina, with plans to provide up to $4 billion in the coming months.


Banking & Financial Services

World Bank report notes decline in poverty but highlights job creation issues in Tajikistan

Tajikistan has made significant progress in reducing poverty over the past decade, according to a new report from the World Bank.


Banking & Financial Services

World Bank report finds varied trends in global port performance from 2020 to 2024

Port performance worldwide experienced a decline from 2020 to 2024, according to the latest Container Port Performance Index (CPPI) report released by the World Bank Group and S&P Global Market Intelligence.


Banking & Financial Services

World Bank urges better resource management for higher living standards in Republic of Congo

The Congolese economy recorded a real GDP growth rate of 2.6% in 2024, resulting in a moderate rise in per capita income for the first time since 2016.