World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group, which is part of the United Nations system.

The World Bank's official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of Capital investment.

World Bank Group

The World Bank is not to be confused with the World Bank Group, an extended family of five international organizations:

International Bank for Reconstruction and Development (IBRD)

International Development Association (IDA)

International Finance Corporation (IFC)

Multilateral Investment Guarantee Agency (MIGA)

International Centre for Settlement of Investment Disputes (ICSID)

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/World_Bank

Latest News for: World bank bonds

Edit

New campaign to raise awareness on world’s first sovereign blue bond

Nation 14 Jan 2019

Valued at US $15 million over 10 years with guarantees from the World Bank and the Global Environment Facility, the bond is to support the Seychelles’ transition to sustainable fisheries ... Seychelles was assisted in developing the Blue Bond by the World Bank by reaching out to the three investors -- Calvert Impact Capital, Nuveen and Prudential....

Edit

World Bank nearly doubles Philippine natural disaster risk insurance

Xinhua 14 Jan 2019

14 (Xinhua) -- The World Bank has renewed an insurance program to help the Philippines ... The World Bank said it is also supporting the Philippines in preparing a sovereign catastrophe bond to complement the existing insurance program by providing cover for more extreme events....

Edit

World Bank doubles Philippines' natural disaster risk insurance to $390 million

Manila Standard Today 14 Jan 2019

The World Bank nearly doubled the Philippines’ natural disaster risk insurance in 2017 with a new $390 million in coverage that became effective Dec ... The World Bank is also supporting the Philippines in preparing a sovereign catastrophe bond to complement the existing insurance program by providing cover for more extreme events....

Edit

WB doubles PH disaster insurance

The Daily Tribune 14 Jan 2019

Washington — The World Bank has renewed an insurance program to help the Philippines better respond to losses from climate and disaster risks ... The World Bank is also supporting the Philippines in preparing a sovereign catastrophe bond to complement the existing insurance program by providing cover for more extreme events....

Edit

All eyes on Kganyago’s decision on interest rates

Independent online (SA) 13 Jan 2019

The MPC meeting comes after a gloomy World Bank report was released this week, forecasting ... Growth in the US is expected to slow to 2.5 percent this year from 2.9 percent in 2018, while China is expected to grow at 6.2 percent this year compared, with 6.5 percent last year, the World Bank said....

Edit

World stocks nurse a New Year's hangover as growth worries persist

Petroleum World 03 Jan 2019

World shares started 2019 on a downbeat note, oil prices and bond yields slid, and the Japanese yen strengthened on Wednesday as data from China to France confirmed the picture of a global economic slowdown ... to the European Central Bank's bond-buying programme, which ended on Dec....

Edit

Blockchain will finally make itself useful this year

A Bit of News 02 Jan 2019

Banks and companies are gradually applying ... So far these efforts have proved the effectiveness of blockchain for uses like securities settlement or one-off transactions like the A$110 million (RM319.03 million) bond the World Bank issued through a distributed ledger in August....

Edit

Marjorie Daugherty Mullins

Kingsport Times-News 02 Jan 2019

Marjorie Daugherty Mullins. • Today at 10.20 AM. ABINGDON, VA - Marjorie Daugherty Mullins, age 93, passed away Saturday, December 29, 2018, at Parkwest Medical Center in Knoxville, Tenn ... and Lillie Smith Dougherty ... She worked at the World War II Bond Booth, Dominion National Bank, Bristol, Va. 1945-46. On August 21, 1946, she was married to Bert C....

Edit

Breakingviews – Blockchain will finally make itself useful

A Bit of News 31 Dec 2018

So far these efforts have proved the effectiveness of blockchain for uses like securities settlement or one-off transactions like the A$110 million bond the World Bank issued through a distributed ledger in August ... Reuters Breakingviews is the world’s leading source of agenda-setting financial insight....

Edit

Hilary Duff shares sweet picture of nine-week-old daughter Banks as she calls her a 'handful'

This is Money 29 Dec 2018

She welcomed her daughter Banks to the world just nine weeks ago ... Banks is seen laying down on her back, wearing a striped yellow knitted onesie with a hood, which is slightly too large for her tiny frame ... Hilary welcomed Banks to the world with DJ Matthew Koma - her boyfriend since January 2017 ... Duff gave birth to her daughter Banks in October....

Edit

Opinion: Changes in China's Bank Capital Will Profoundly Change Green Finance

Caixin Online 29 Dec 2018

China could move unilaterally on capital concessions for green loans and this would affect other countries because its banks are among the largest in the world and it is home to the world's second largest green bond market. There is no better example of how capital rules influence the behaviour of banks than the Australian housing market....

Edit

Vietnam Finds New Ways to Spend, and Pile up Debt

Voa News 27 Dec 2018

... economies in the world ... This comes at a time of increasing fears around the world that too much debt might trigger the next global recession -- from the government bonds held by Italy’s banks, to the borrowing spree of China’s local governments, to the increased U.S....

Edit

Cryptocurrency may surpass the value of other assets in 2019

A Bit of News 25 Dec 2018

... bonds and mortgage-backed securities ... The Bank of Japan (BOJ) and the European Central Bank (ECB) also slowed bond purchases in 2018. Further as per Bloomberg Economics statement, in October 2018 the world’s largest central banks collectively began to reduce bond holdings....