• Azerbaijan, Switzerland agree on joint program to tackle economic results of COVID-19 02 Jun 2020 11:51 2 June 2020 14:28 (UTC+04:00) 306 By Ayya Lmahamad The Swiss State Secretariat for Economic Affairs (SECO) has approved a $1.6 million-program to be implemented jointly with Azerbaijan’s Ministry of Economy and the World Bank  in the area of taxation, the …
  • Kotak Mahindra Bank shares rally 8 per cent 02 Jun 2020 11:49 Shares of Kotak Mahindra Bank on Tuesday gained 8 per cent as promoter Uday Kotak will offload 2.83 per cent stake in the lender to comply with an RBI mandate. The RBI has mandated that Kotak reduce his personal holding in Kotak Mahindra Bank to 26 per …
  • Africa’s Biodiversity Webinar series – World Environment Day and World Oceans Day 02 Jun 2020 11:19 What: Africa’s Biodiversity Webinar series – World Environment Day and World Oceans Day Webinar 1: Investing in Africa’s biodiversity for a resilient and sustainable future Webinar 2: Protect 30% of the Blue Planet by 2030. Who:    African Development Bank …
  • World: Any future COVID-19 vaccines must be sold at cost and accessible to all 02 Jun 2020 11:00 Governments must attach strings as they pledge billions to pay for vaccines in developing countries Tuesday, June 2, 2020 — Geneva, 2 June 2020—Médecins Sans Frontières/Doctors Without Borders (MSF) urged leaders to demand pharmaceutical corporations …
  • Bank Nizwa ranks as world’s top Islamic financial institutions 02 Jun 2020 09:54 Establishing itself as one of the leading Islamic banking institutions globally, Bank Nizwa was recently awarded the prestigious title of the Best Islamic Financial Institution in 2020 in Oman by Global Finance.    Recognising excellence across the Islamic …
  • Over 770,000 youths lose their jobs in three months 02 Jun 2020 09:16 Tuesday, June 2, 2020 9:00 By CONSTANT MUNDA A file photo of jobseekers in Nairobi. FILE PHOTO | NMG  Some 771, 439 youths lost their jobs in the three months to March and before the imposition of coronavirus disease restrictions that have led to further …
  • President Aliyev hails cooperation with Asian Development Bank 02 Jun 2020 08:57 2 June 2020 11:47 (UTC+04:00) 754 By Akbar Mammadov President Ilham Aliyev has praised the cooperation between Azerbaijan and the Asian Development Bank, reminding that the bank has provided loans and securities worth $3 billion to the country, which have …
  • ComBank awarded its 20th ‘Best Bank in Sri Lanka’ title by Global Finance 02 Jun 2020 08:49 The Commercial Bank of Ceylon has been declared Sri Lanka’s Best Bank in 2020 by the US-based Global Finance magazine, an accolade the Bank wins for the 20th time in the 27 years that Global Finance has presented awards to the world’s best banks. Global …
  • UAE: Israel Should Not Annex West Bank Territory 02 Jun 2020 08:15 Photo Credit: Wikipedia / محمد الفلسطيني - File:‘London 11’ Friends of Syria Meeting Dr. Anwar bin Mohammed Gargash, UAE Minister of State of Foreign Affairs A senior United Arab Emirates official tweeted on Monday that Israel should not move to annex …
  • Current Economic Situation Due to COVID-19 Is Good Opportunity for Developing Decentralized Finance Services, Fintech Entrepneur Felix Mago Says 02 Jun 2020 07:23 Businesses throughout the world are looking for ways to cope with the adverse effects of the COVID-19 outbreak. Governments across the globe have enforced lockdowns and recommended that people observe safe distancing measures to avoid the further spread of …
  • FTSE 100 crosses 6,000! Would I invest in bank shares like Lloyds or HSBC in June? 02 Jun 2020 07:20 The Covid-19 pandemic and all the unknowns facing the economy have inflicted great pain on FTSE 100 banking shares. Today I’m looking at the share prices of Lloyds Banking Group (LSE: LLOY) and HSBC Holdings (LSE: HSBA) to discuss what investors may …
  • IFC supports Uzbekistan's exports and imports 02 Jun 2020 06:16 TASHKENT (TCA) — The International Finance Corporation (IFC), a member of the World Bank Group, says it is extending a $10 million trade finance-guarantee facility to Ipoteka Bank to support Uzbekistan’s exporters and importers and help protect the country …
  • Poor countries face a debt crisis 'unlike anything we have seen' 02 Jun 2020 05:47 Dozens of countries that borrowed from private investors have debt payments coming due as their economies have crashed because of the coronavirus. From Angola to Jamaica to Ecuador to Zambia, the world's poor countries have had their finances shredded …
  • Coronavirus Live News Updates 02 Jun 2020 05:35 A new projection finds the virus costing the U.S. economy $7.9 trillion. Poor countries face debt crises. The Congressional Budget Office projected on Monday that the pandemic would inflict a devastating long-term blow on the United States economy, costing …
  • Budget increases by 14 percent amid fall in domestic revenue 02 Jun 2020 04:45 Post Views: 3 Capital budget gets the bigger share this time MB Subba The annual budget for the fiscal year (FY) 2020-21 has reversed the trend of increasing share of current expenditure vis-à-vis the capital expenditure. The finance minister presented a …
  • $188m accord reached with World Bank for environment protection 02 Jun 2020 04:30 ISLAMABAD: Pakistan on Monday signed a $188 million agreement with the World Bank for environmental protection through forest regeneration and biodiversity conservation programmes and boosting the country’s climate-resilience through enhanced disaster risk …
  • Western Union Makes an Offer to Buy MoneyGram 02 Jun 2020 04:09 (Bloomberg) -- Western Union Co. is seeking to acquire MoneyGram International Inc. in a transaction that would bring together two of the largest U.S. providers of money-transfer services, according to a person familiar with the matter. Western Union has …
  • The recent interest rate cuts by the State Bank of Việt Nam (SBV) have little impact on the Vietnamese stock market. 02 Jun 2020 03:44   Customers at Vietcombank Securities Co. The stock market may not enjoy a boost from lower lending rates as the rate cut hardly has any impact on the cash flow. — VNS Photo Mai Hương HÀ NỘI — The recent interest rate cuts by the State Bank of Việt Nam ( …
  • Pinto endured lonely weeks co-running JPMorgan as world lurched 02 Jun 2020 03:25 By Michelle F. Davis Daniel Pinto checked into a hotel in midtown Manhattan around 2 a.m. on a Friday in early March, hoping to get a little rest after an epically hard day. Things were about to get much worse. His slog that day had begun in London with a …
  • 225 VIPs urge world powers to adopt $2.5 trillion COVID plan 02 Jun 2020 03:21 UNITED NATIONS (AP) — More than 225 current and former global VIPs urged the world’s 20 major economic powers on Monday to hold an urgent meeting to agree to a $2.5 trillion plan to tackle COVID-19 and launch an economic recovery from the pandemic, …
  • 'Sustaining livelihoods and enforcing steps against virus growing challenge' 02 Jun 2020 03:14 Islamabad:The coronavirus pandemic has brought new social, economic and political challenges for Pakistan like many other countries, so it has become increasingly challenging to sustain the livelihoods of millions of people while putting in place effective …
  • World Bank offers US$2.5 million to Grenada's COVID-19 fight 02 Jun 2020 03:11 Grenada will strengthen its response to the COVID-19 pandemic with US$2.5 million from the World Bank.    The funds will be used to increase testing capacity, equip health facilities, strengthen isolation capacity, and bolster surveillance activities.     …
  • West Bank poverty may double over pandemic 02 Jun 2020 02:55 RAMALLAH, Palestinian Territories: Poverty in the occupied West Bank may double as Palestinians are hit by the coronavirus, the World Bank warned Monday, just weeks before Israel aims to kick-start plans to annex parts of the territory. The United Nations …
  • Why the world must learn to say #BlackLivesMatter – SAFTU 02 Jun 2020 00:17 Federation says saying this is not just about opposing police brutality, it is also about structure of society Why the World Must Learn to Say #BlackLivesMatter 31 May 2020 The South African Federation of Trade Unions (SAFTU) is utterly disgusted by the …
  • RED BANK: BASIE PLANS DRIVE-IN CONCERT 01 Jun 2020 23:36 Jersey shore favorites Southside Johnny and the Asbury Jukes will play for an audience watching from parked vehicles. (Video by Basie Center. Click to enlarge.) Darkened by the COVID-19 pandemic, Red Bank’s Count Basie Center for the Arts is taking its act …
  • Former PMs among world leaders callin... 01 Jun 2020 23:26 A group of current and former world leaders, including ex-prime ministers Gordon Brown, Tony Blair and Sir John Major, is calling for an urgent G20 summit on coronavirus to be convened. A joint letter from 225 past and present world leaders, economists and …
  • Hedge Funds Aren’t Crazy About HDFC Bank Limited (HDB) Anymore 01 Jun 2020 22:53 In this article we will check out the progression of hedge fund sentiment towards HDFC Bank Limited (NYSE:HDB) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a …
  • SARB on Climate Change: Covid-19 in immediate focus, but climate crisis looms on Reserve Bank radar 01 Jun 2020 22:38 A general view of the Reserve bank on April 15, 2020 in Tshwane, South Africa. (Photo: Gallo Images/Alet Pretorius) The Covid-19 pandemic is keeping policymakers awake at night. But the challenges raised by the climate crisis are not going away even as …
  • Latest world headlines on Floyd death — Family-ordered autopsy: Floyd died of asphyxia 01 Jun 2020 20:52 Ismael Kamara stand in front of a poster with names from people died after police violence the demonstrators say, as he attends a rally to commemorate George Floyd and against racism and police violence today in front of the Brandenburg Gate in Berlin, …
  • Piraeus Bank S.A. (BPIRY) CEO Christos Megalou on Q1 2020 Results - Earnings Call Transcript 01 Jun 2020 20:48 Start Time: 11:00 January 1, 0000 11:43 AM ET Piraeus Bank S.A. (OTCPK:BPIRY) Q1 2020 Earnings Conference Call June 01, 2020, 11:00 AM ET Company Participants Christos Megalou - CEO Theodore Gnardellis - CFO Conference Call Participants Jonas Floriani - …
  • Rich world’s jobs crisis jolts money flows to millions 01 Jun 2020 20:40 Carlos Sosa, a Salvadoran waiter in New York, used to send up to $500 a month back home to his mother to help pay for her medical bills and food. But now, after the coronavirus hit and he lost his job in early March, Sosa has burnt through his savings and …
  • Changing of the guard at Bank of Canada adds to COVID-19 uncertainty: Don Pittis 01 Jun 2020 20:23 In a time of ultimate economic uncertainty caused by COVID-19 and the lockdown to fight it, this week's shuffle at the top of Canada's central bank will only add to the confusion. That's not to say that newly appointed Gov. Tiff Macklem, who …
  • World Bank to provide $188 million to Pakistan to address environmental degradation, climate change 01 Jun 2020 19:39 ISLAMABAD: The World Bank on Monday pledged to provide $188 million to Pakistan to address the risks relating to environmental degradation, deforestation and climate change in the country. The global lender said it would provide funding and technical …
  • What Would Muhammad Ali Say About George Floyd, Ahmaud Arbery And Uneven Response From The Sports World? 01 Jun 2020 19:34 NEW YORK - NOVEMBER 13: (EXCLUSIVE ACCESS - PREMIUM RATES APPLY) Muhammad Ali onstage during the ... [+] Michael J. Fox Foundation's 2010 Benefit 'A Funny Thing Happened on the Way to Cure Parkinson's' at The Waldorf=Astoria on November 13, …
  • Pinnick: Age-grade teams may now earn 100% of World Cup appearance cash 01 Jun 2020 19:03 NIGERIA’S age-grade football teams will soon know whether they will be able to go home with the entire cash pot from their appearance at FIFA World Cup tournaments, according to President of the Nigeria Football Federation, Mr. Amaju Melvin Pinnick. …
  • Artificial Intelligence Technologies That Are Reshaping the World Right Now 01 Jun 2020 18:55 The MarketWatch News Department was not involved in the creation of this content. Jun 01, 2020 (AB Digital via COMTEX) -- According to Moore’s Law, the technological solutions we have right now double in power and efficiency every two years – which means …
  • Is Independent Bank Corp (INDB) A Good Stock To Buy? 01 Jun 2020 17:42 We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, near the height of the coronavirus market …
  • Is Mercantile Bank Corp. (MBWM) A Good Stock To Buy? 01 Jun 2020 17:15 In this article we will check out the progression of hedge fund sentiment towards Mercantile Bank Corp. (NASDAQ:MBWM) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a …
  • Have UK bank stocks like Lloyds and RBS become uninvestable? 01 Jun 2020 16:59 The world changed for UK banks after the great financial crisis (GFC) of 2008–09. The taxpayer bailouts of Lloyds (LSE: LLOY) and Royal Bank of Scotland (LSE: RBS), and regulatory changes to guard against it happening again, meant investors had to reassess …
  • World Bank strengthens Grenada’s COVID-19 response with US$2.5 million 01 Jun 2020 16:50 WASHINGTON, June 1, 2020 — Grenada will strengthen its response to the COVID-19 pandemic with US$2.5 million from the World Bank. The funds will be used to increase testing capacity, equip health facilities, strengthen isolation capacity, and bolster …
  • U.S. Stocks are Outpacing the Rest of the World 01 Jun 2020 16:50 U.S. stocks have staged a furious rebound since late March, leaving global markets behind. Optimism about state and business reopenings and the potential development of a coronavirus vaccine has lifted the S&P 500 36% from its March low, cutting its …
  • World: 3 things you need to know about adaptation and resilience 01 Jun 2020 16:49 One of the most powerful cyclones to hit the coast of Africa devastated the city of Beira, Mozambique, in March 2019. Cyclone Idai brought damaging winds, torrential rain, and claimed hundreds of lives. Flooding would have been even more severe but for …
  • India must move towards a central bank-controlled digital currency 01 Jun 2020 16:14 Even as policy-makers across the globe are focussed on containment of the Covid-19 pandemic, China is quietly bringing about a revolutionary change to the currency and payment system; one that India may have to follow soon. It’s central bank-backed digital …
  • “Stop this culture of frivolous allegations” former World Bank Treasurer Arunma Oteh defends African Development Bank President 01 Jun 2020 16:12 Former World Bank Treasurer Arunma Oteh has gone into bat for her former colleague Akunwumi Adesina the under pressure president of the African Development Bank. Oteh – now an academic scholar at the University of Oxford- spoke to Kenneth Igbomor of CNBC …
  • The Secret, Absurd World of Coronavirus Mask Traders and Middlemen Trying To Get Rich Off Government Money 01 Jun 2020 14:56 The U.S. Response to COVID-19 ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. It was 10 p.m. on a Tuesday, and I was watching footage of secret stockpiles of N95 …
  • Leading Bank Increases ROI with Marketing Mix Optimization Solutions | Quantzig’s Success Story Offers Detailed Insights 01 Jun 2020 14:55 LONDON--(BUSINESS WIRE)--Jun 1, 2020-- Quantzig is one of the world’s foremost providers of advanced data analytics solutions with business units spread globally. Our advanced marketing analytics solutions and domain expertise empowers us to look for …
  • World Bank: Poverty rates to double as occupation suffocates Palestine 01 Jun 2020 14:48 With Israel’s planned annexation of the West Bank, in contravention of international law, only weeks away, the World Bank and the United Nations have issued stark warnings concerning the Palestinian economy, blighted by the longest occupation in modern …
  • World equities edge higher despite U.S.-China tensions 01 Jun 2020 14:41 NEW YORK (Reuters) - World stocks hovered near three-month highs and safe-haven government bonds inched lower as signs that Europe’s economic downturn has bottomed boosted risk appetite, despite worries over violent protests in the United States and unease …
  • World: Scaling up social protection can build resilience to COVID-19 01 Jun 2020 14:41 BANGKOK – The Asia-Pacific region can benefit from scaling-up investment in social protection to reduce the impact of the COVID-19 crisis, maintain social cohesion and reduce overall vulnerabilities. Those were some of the insights from a webinar organized …
  • Nigeria’s Access Bank injects $9m into Rwandan subsidiary 01 Jun 2020 14:22 By JAMES ANYANZWA More by this Author Nigeria’s largest retail bank, Access Bank Plc, has more than doubled its investment in its Rwandan subsidiary after acquiring Kenya’s Transnational Bank four months ago. Access Bank, with more than 36 million …
  • Laurentian Bank: A 40% Dividend Cut Isn't The End Of The World 01 Jun 2020 14:20 Introduction After being positively surprised by the financial results of National Bank (OTCPK:NTIOF) (OTC:NTIFF) last week, I also wanted to check the much smaller Laurentian Bank (OTCPK:LRCDF). While other Canadian banks kept their dividends unchanged, …
  • UAE calls on Israel to back off over move to annex West Bank 01 Jun 2020 13:59 A senior United Arab Emirates (UAE) official said on Monday that any unilateral move by Israel to annex parts of the occupied West Bank would be a serious setback for any resolution to the Israeli-Palestinian conflict. "Continued Israeli talk of …
  • What's happening around the world on Monday 01 Jun 2020 13:30 Several hard-hit countries are beginning to ease restrictions put in place to tackle the novel coronavirus, which has infected more than 6.1 million people worldwide.  According to a tally maintained by Johns Hopkins University of coronavirus cases and …
  • World Bank: Poverty Rates in West Bank Might Double Due to COVID-19 01 Jun 2020 13:20 The World Bank has warned about the devastating economic ramifications of the new coronavirus in the occupied Palestinian territories. In a report on Monday, the World Bank warned that poverty in the occupied West Bank may double as Palestinians are facing …
  • West Bank poverty may double over pandemic as annexation looms 01 Jun 2020 13:01 Poverty in the occupied West Bank may double as Palestinians are hit by the coronavirus, the World Bank warned Monday, just weeks before Israel aims to kick-start plans to annex parts of the territory. The United Nations has meanwhile warned that such a …
  • World Bank: Palestinian economy could contract by 11% due to COVID-19 01 Jun 2020 12:52
  • Diana Ross Moves Top Of The World UK Tour to Summer 2021 01 Jun 2020 12:50 Monday, 01 June 2020 Written by Sophie Williams Diana Ross has rescheduled the UK leg of her Top Of The World Tour. Due to the ongoing coronavirus pandemic, the legendary vocalist will now head to arenas in Glasgow, Leeds, Manchester, Liverpool, London and …
  • The mobile app helping the blind to identify and use bank notes 01 Jun 2020 12:23 Moses Gitari . [email protected] When Moses Gitari mysteriously lost his sight at the age of 17, he struggled to adjust to life in darkness as a visually impaired person. Unable to see, Gitari quickly learned how challenging life could become. Some of the …
  • Sensex gains 879 pts as lockdown measures ease, Nifty PSU Bank jumps 7.6% 01 Jun 2020 12:00 The bulls continued their upward march on Monday, buoyed by the phased re-opening of the economy post an over two-month lockdown to contain the spread of Covid-19 pandemic. Buying was witnessed across-the-board with PSU bank stocks leading the pack. The S…
  • Global Finance 2020: Zenith Bank emerges best bank in Nigeria 01 Jun 2020 11:47 Zenith Bank Plc has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020. The awards, published in the May 2020 edition of the Global Finance Magazine, was based on the performances of the …
  • 6-Day War Created Both the “West Bank” and the Notion of a Palestinian State 01 Jun 2020 11:24 Photo Credit: WikiCommons The area east of the Armistice Lines struck between Israel and Jordan in 1949 is commonly referred to as the “West Bank.” It only got that moniker after Israel took the area in June 1967. Timeline to Naming the “West Bank” After …
  • Zenith Bank emerges World’s Best Bank in Global Finance Magazine Awards 2020 01 Jun 2020 11:21 Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020. The result of the awards, published in the May 2020 edition of the Global …
  • World Bank approves $15M loan to upskill healthcare sector 01 Jun 2020 11:06 The World Bank on Friday approved $15 million to equip medical professionals with skills to ensure quality of care for better health outcomes, it said in a statement. The budget released by the bank’s International Development Association (IDA) will help …
  • DA seeks $200-M funding from World Bank for development of fishing industry. 01 Jun 2020 10:56 Metro Manila (CNN Philippines, June 1) — The Department of Agriculture (DA) is aiming to secure a $200-million loan from the World Bank for a key project that would help protect and develop the country’s fishing industry. Agriculture Secretary William Dar …
  • Rich world's jobs crisis jolts money flows to millions 01 Jun 2020 10:42 Carlos Sosa, a Salvadoran waiter in New York, used to send up to $500 a month back home to his mother to help pay for her medical bills and food. But now, after the coronavirus hit and he lost his job in early March, Sosa has burnt through his savings and …
  • West Bank poverty may double over pandemic: World Bank 01 Jun 2020 10:29 Poverty in the occupied West Bank may double as Palestinians are hammered by the economic fallout of the coronavirus pandemic, the World Bank warned on Monday.  The Palestinian territories have seen low infection rates after authorities acted quickly to …
  • World stocks rebound after Trump avoids reigniting trade war 01 Jun 2020 09:56 Joe Mcdonald, Ap Business Writer Updated 2:37 am PDT, Monday, June 1, 2020 A woman wearing a face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, June 1, 2020. Asian stock markets have rebounded …
  • Ecosystem restoration project gets World Bank support 01 Jun 2020 09:37 Climat­e change advise­r, bank’s countr­y direct­or will sign $188m projec­t pact today PHOTO: AFP   The World Bank has agreed to join hands with Pakistan to support the country’s disaster resilience and ecosystem restoration initiatives through more …
  • Palestinian economy could shrink up to 11% due to coronavirus, World Bank says 01 Jun 2020 09:02 JERUSALEM, June 1 (Reuters) - The coronavirus crisis could cause an already constrained Palestinian economy to shrink by as much as 11% in the coming year, the World Bank said on Monday. In a report, the bank also cautioned that the Palestinian Authority, …
  • IDBI Bank shares rally 20 per cent on robust March quarter earnings 01 Jun 2020 08:53 IDBI Bank shares on Monday zoomed 20 per cent to its highest trading permissible limit for the day after the company posted a profit of Rs 135 crore in the quarter ended March. The lender reported a profit after 13 straight quarters of net losses. At the …
  • Kingdom's GDP growth to narrow -1% to -2.9%, World Bank says 01 Jun 2020 08:50 The World Bank expects further recoil on Cambodia’s gross domestic product (GDP) growth to between minus one per cent and minus 2.9 per cent for 2020 as its main growth drivers – tourism, manufacturing exports and construction – take a beating due to Covid …
  • Zenith Bank is Nigeria’s best, says Global Finance 01 Jun 2020 08:49  By Collins Nweze   ZENITH Bank Plc has been awarded the Best Bank in Nigeria, the Global Finance Magazine World’s Best Banks Awards 2020 has announced. The award, which was published in this month’s edition of the magazine, was based on the performances …
  • World Bank donates $15 million in aid 01 Jun 2020 08:47 The World Bank on Friday approved $15 million for a medical training system to help Cambodia equip doctors with more skills before they start work. The budget, which was granted by the International Development Association (IDA), is intended to improve …
  • “Unilateral West Bank land grab” 01 Jun 2020 08:19 Photo Credit: Google Map of Judea and Samaria {Originally posted to the Elder of Ziyon website} Alan Solow, a member of the Executive Committee of Israel Policy Forum and former Chairman of the Conference of Presidents of Major American Jewish …
  • POST AGM: WEMA Bank extends loan to support schools and small businesses - Nairametrics 01 Jun 2020 07:44 Despite the uncertainties in the economy, Coronation Merchant Bank remains optimistic that there are yet investment opportunities in Nigeria’s economy. This was disclosed by a team of analysts at the Coronation Breakfast Session, tagged “Discovering the …
  • The best of humanity for a new world order 01 Jun 2020 07:02 Books talk. Writing talks back. It is a happy conversation in that tentative space called isolation. Once reading is gently separated from immediate necessity or functional utility, it acquires a sui generis pleasure that rejoices in tangential glimpses of …
  • Zenith Bank Emerges ‘Best Bank in Nigeria‘ 01 Jun 2020 07:00 Zenith Bank Emerges ‘Best Bank in Nigeria‘ Zenith Bank Plc, one of Nigeria’s leading financial institutions, has emerged as the ‘Best Bank in Nigeria’ in the recently released Global Finance Magazine World’s Best Banks Awards 2020. A statement at the …
  • Pandemic bond: EA states to access up to $15m from World Bank 01 Jun 2020 06:42 By CHARLES MWANIKI More by this Author East African states will access up to $15 million each in grants from the World Bank once the global lender starts payouts from its controversial pandemic bonds, which are meant to support poor nations in the event of …
  • Coronation Merchant Bank holds virtual forum on COVID-19 impact, declining oil prices 01 Jun 2020 06:25 Coronation Merchant Bank says it remains optimistic that there are investment opportunities in Nigeria despite uncertainties in the economy. A team of analysts disclosed this at the Coronation Breakfast Session in Lagos, tagged “Discovering the New Normal: …
  • World Bank: Palestinian economy could shrink by 11% 01 Jun 2020 05:20 JERUSALEM (AP) — The Palestinian economy could shrink by as much as 11% in the coming year as the coronavirus pandemic inflicts yet another blow to the Palestinian Authority’s already shaky finances, the World Bank said Monday. The economic deterioration …
  • West Bank poor may double over pandemic, says World Bank 01 Jun 2020 02:54 A Palestinian man smokes a cigarette during a protest against Israeli machineries operating near Ramallah in the Israeli-occupied West Bank May 26, 2020. — Reuters pic JERUSALEM, June 1 — Poverty in the occupied West Bank may double as Palestinians are …
  • West Bank poor may double amid pandemic, World Bank says 01 Jun 2020 02:48 The Palestinian territories have seen low infection rates after acting quickly to curtail the spread of the novel coronavirus, with three deaths out of 450 cases registered among five million residents in Gaza and the West Bank. Still, the Palestinian …
  • Japan Manufacturing PMI Slides Further In May - Jibun Bank 01 Jun 2020 02:13 The manufacturing sector in Japan continued to contract in May, and at a faster rate, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 38.4. That's down from 41.9 in April, and it moves further beneath the boom-or- …
  • Zenith Bank gets international recognition 01 Jun 2020 01:11 Nike Popoola Zenith Bank Plc has emerged as the best bank in Nigeria in the recently released Global Finance Magazine’s World Best Banks Awards 2020. A statement from the bank said the award, which was published in the May 2020 edition of the Global …
  • World: COVID-19 and the need for global leadership: Fighting for a common cause 01 Jun 2020 00:59 COVID-19: THE RIPPLE EFFECTS EXECUTIVE SUMMARY COVID-19 has changed the world, and more changes are yet to come. The pandemic and the climate crisis are the two greatest global emergencies since the Second World War. Known for its landmine clearance …
  • ZENITH BANK: Revenue, dividends trail confirm decade of superior service delivery 01 Jun 2020 00:53 By JULIUS ALAGBE From whichever angle you look at it, the current season is one that truly taxes even the strongest of men and institutions. With the COVID-19 pandemic continuing to take its toll all over the world, it is clear that virtually everything is …
  • Sub-postmaster tells how her world fall apart in an ordeal that has haunted her for a decade 31 May 2020 22:51 Posing proudly outside her sub-post office, Sarah Burgess-Boyde looked the very picture of success. Trusted, respectable and capable, the popular sub-postmaster appeared a shining example of what could be achieved through hard work and business savvy. …
  • Saudi central bank net foreign assets drop by about $20 bln in April 31 May 2020 21:43 (Adds details) DUBAI, June 1 (Reuters) - Saudi foreign reserves dropped by roughly $20 billion in April, according to Reuters calculations based on central bank data published late on Sunday. The net foreign assets of the Saudi Arabian Monetary Authority ( …
  • Embracing a different kind of World Environment Day 31 May 2020 19:37 In the COVID-19 era, World Environment Day, which takes place on 5 June, will take on an even more significant meaning, as the air we breathe, the water we drink and the climate that makes our planet livable, all come from nature – coinciding with this …
  • Bank interest worth Tk 2,000cr to be waived to benefit 1.38cr borrowers: PM 31 May 2020 18:05 Prime Minister Sheikh Hasina today announced a new stimulus package to waive Tk 2,000 crore bank interest -- for people affected badly by the nationwide shutdown enforced to contain the coronavirus pandemic. "Today, we're declaring a new stimulus …
  • Embraer negotiating $600 million bank financing for exports 31 May 2020 16:51 RIO DE JANEIRO , May 31 (Reuters) - Brazilian planemaker Embraer SA, the world’s third largest commercial jet builder, should obtain $600 million in credit lines from Brazil’s state development bank BNDES and private banks in June, government sources said …
  • World Bank joins hands with Pakistan for improving disaster resilience 31 May 2020 15:26 ISLAMABAD: The World Bank (WB) has agreed to join hands with Pakistan to support the latter’s disaster resilience and ecosystem restoration initiatives through more reliable and timely weather forecasting, improved disaster risk management services as well …
  • World Bank approves $250 million loan to support Indonesia's COVID-19's response 31 May 2020 10:44 The World Bank has agreed to provide a US$250 million loan to support Indonesia’s COVID-19 response, the organization’s board of executive directors announced recently. According to a statement issued by the World Bank on Friday, the funds will go toward …
  • World Bank unveils M135 million Covid-19 credit for Lesotho 30 May 2020 21:28 Bereng Mpaki THE World Bank yesterday granted Lesotho a M135 million credit that will be used in the country’s fight against the novel Coronavirus (Covid-19) pandemic. Although there was no indication on how the credit would be repaid, the World Bank …
  • Credit-Rating-Agencies-Wont-Review-Ghana--World-Bank 30 May 2020 16:04 The World Bank has assured Ghana that it is liaising with credit rating agencies not to review the oil producing West African country for taking advantage of the provisions provided by the Bretton Woods institutions to support the economy in the wake of …
  • Exclusive: 'Women must challenge cultural stereotypes and norms', World Bank panelist says 30 May 2020 15:44 Image Source : WORLD BANK Exclusive: Women must challenge cultural stereotypes and norms, World Bank panelist says | Watch Digital education for women is not just important, it is a must. Especially now, when we find ourselves confined indoors due to the …
  • World Bank Approves $250m Loan for Indonesia's Covid-19 Relief 30 May 2020 09:09 Jakarta. The World Bank announced its approval to finance Indonesia's Covid-19 Emergency Response Project by $250 million to help the country improve its health facilities, equipment, and surveillance system as part of the pandemic mitigation efforts. …
  • World Bank provides US$17 million for regional air transport connectivity for Grenada 30 May 2020 01:56 “This series of three projects aims to increase the safety and the overall resilience of key connection points in the Eastern Caribbean,” said Tahseen Sayed, World Bank Country Director for the Caribbean. “The World Bank’s first financing of airport …
  • World Bank OK’s another ₱25-B loan for PH pandemic response 29 May 2020 22:22 Metro Manila (CNN Philippines, May 29) — The World Bank approved a new $500-million (about ₱25 billion) loan to assist the country’s efforts in providing financial assistance to poor households and small and medium enterprises hit by the coronavirus …
  • World Bank lends Philippines US$500m to counter virus impact 29 May 2020 21:35 The World Bank Group logo is seen on the building of the Washington-based global development lender in Washington on January 17, 2019. — AFP pic MANILA, May 29 — The World Bank Group approved a US$500 million (RM2.2 billion) loan for the Philippines to …