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The UK and Swiss governments and ten financial institutions have announced intentions to create a Task Force for Nature-related Financial Disclosures (TNFD) by joining an Informal Working Group that will lead to the creation of a TNFD in 2021.
AXA, BNP Paribas, DBS Bank, Rabobank, Standard Chartered, Storebrand, YES Bank, World Bank, Nature-related Financial Disclosures
World Bank, loan, MSME, India, MSMEs, coronavirus, pandemic, economic shutdown, liquidity, credit requirements, supply chain disruption
IFC and Citi have created an USD 800 million facility to support trade flows in developing countries and help businesses amid the pandemic.
IFC, Citi, facility, trade finance, emerging countries, World Bank, pandemic, COVID-19, cash flow, trade assets, trade volume, Global Trade Liquidity Program, IDA countries
banking, Paysend, fintech, UK, global, women empowerment, low-income countries, international money transfers, World Bank, digitisation
Ghana, digital, Digital Financial Services Policy, COVID-19, coronavirus, National Financial Inclusion and Development Strategy, NFIDS, DFS, payments , digital payments, Digital Payments Coordination Unit, World Bank, The National Financial Inclusion and Development Strategy, The Digital Financial Services Policy, partnership, Consultative Group to Assist the Poor, CGAP, The Cash-Lite Roadmap, Better Than Cash Alliance
The World Bank and IFC have approved a USD 14 billion financing package of fast to assist companies and countries dealing with the COVID-19 pandemic.
World Bank, IFC, International Finance Corporation, financial aid, financial support, World, COVID-19, coronavirus
The World Bank Group is making available up to USD 12 billion to assist countries coping with the health and economic impacts of the global COVID-19 outbreak.
The World Bank Group, World Bank, COVID-19, coronavirus, IDA, IBRD, IFC, International Finance Corporation, lending, low-interest loan
World Bank, Nigeria, identity project, digital identity, government, private sector
The World Bank has approved a USD 25 million loan to Sri Lanka to improve the transparency of core government and public financial management functions.
World Bank, Sri Lanka, public financial management, governement lending, public sector, Ministry of Finance, Asia, APAC, Bank for Reconstruction and Development, The Public Sector Efficiency Strengthening Project
If you want to expand your business in LATAM, you’ll need a focused and localised approach. Javier Vallaure from PPRO examines regional demographic and payment trends and what they mean for ecommerce retailers
PPRO, Javier Vallaure, LATAM, Latin America, payment, ecommerce, Peru, Argentina, Brazil, B2C commerce, World Bank Findex data, Worldpay Global Payments Report 2018, CMR Falabella, Uruguay, World Bank, payments trends
World Bank has selected Murex, provider of trading, risk and back-office solutions for treasury and capital markets as a platform to support its treasury activities.
World Bank, Murex, treasury, trading, bank, finance, liquidity
Tonga has revealed it is set to receive a USD 4.65 million grant from the World Bank to facilitate the country’s capacity for digital services delivery.
Tonga, digital identity, World Bank, national ID, civil registration, project management, ID number, cybersecurity, authentication, government
The International Monetary Fund (IMF) and the World Bank have teamed up to launch a private blockchain and a so-dubbed quasi-cryptocurrency.
IMF, World Bank, launch, cryptocurrency, blockchain, quasi crypto, Coin, crypto assets, smart contracts, money laundering, transparency
NEXT Biometrics has announced that it has been selected as supplier of Aadhaar-certified fingerprint readers for the POCRA project in India.
Next Biometrics, Aadhaar, POCRA, fingerprint, World Bank, authentication, government, bank accounts, payments , direct transfers
The World Bank has priced a public bond created and managed using blockchain in a USD 73.16 million deal designed to test how the technology might improve decades-old bond sales practices.
World Bank, blockchain, bonds, Australia, Commonwealth Bank of Australia, automation
International Finance Corporation, a member of the World Bank Group, has announced it will provide USD 55 million to BIND Banco Industrial.
World Bank, International Finance Corporation, BIND Banco, Argentina, SMEs, lending, financing , local market, financing projects, agribusiness, infrastructure, renewable energy, manufacturing, financial intermediaries
The World Bank has chosen the Commonwealth Bank of Australia to help organize a new Ethereum blockchain bond denominated in Australian dollars.
World Bank, Commonwealth Bank of Australia, Ethereum, blockchain