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 report

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Wolters Kluwer to Share RegTech and SupTech Insights at Singapore FinTech Festival

Market Watch 12 Nov 2018

Guest speakers at the highly anticipated event include Christine Lagarde (Managing Director of the International Monetary Fund), Cassie Kozyrkov (Chief Decision Scientist for Google) and Mary Ellen Iskenderian (President and CEO of Women’s World Banking) ... “As banks continue to ......

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Kenya urged to further ease processes of doing business

Xinhua 12 Nov 2018

Cytonn, a Nairobi-based investment firm, said that while Kenya has made significant reforms in the ease of doing businesses, which saw the country rise in the latest World Bank report, businesses still face several bottlenecks that stifle their start or operations....

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The smoke signals about the economy could be misleading

Moneycontrol 12 Nov 2018

As a Moneycontrol report pointed out recently, ... Thus while India’s ranking on the ease of doing business index may have jumped 23 places to rank 77 in the World Bank’s Doing Business 2019 report, the fact remains that when it comes to enforcement of contracts India still ranks 163....

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Ripple Penetrates China After Approval of a Joint Project With AmEx and LianLian Group

Crypto Crimson 12 Nov 2018

As reported previously on Ethereum World News, after signing a deal with LianLian to provide the necessary infrastructure to create a payment processing platform between the U.S., Asia and Europe, Mr ... With this new victory, Ripple consolidates as the most important and useful blockchain for the banking sector....

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Finance Commission to discuss disaster relief funding

DNA India 12 Nov 2018

World Bank NDMA India Business Report Finance Commission National Disaster Management Authority United Nations Development Programme UNDP N K Singh disaster relief funding....

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Singapore Exchange Creates Blockchain To Place Digital Assets

Blockspoint 12 Nov 2018

Thus, financial organizations and investment companies will have an opportunity to exchange digital assets and make payments at the same time ... Later, SP Group introduced a blockchain solution for buying and selling solar energy throughout the world. As previously reported, the MAS will allow crypto companies to open bank accounts .......

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TMX Group Ltd (TMXXF) CEO Lou Eccleston on Q3 2018 Results - Earnings Call Transcript

Seeking Alpha 12 Nov 2018

Jaeme Gloyn - National Bank Financial ... On a quarterly basis, we reported solid year-over-year growth in revenue, earnings per share and cash flows generated ... Peter's now President of Trayport reporting directly to me ... Prior to TDA Michael held leadership roles in foreign exchange in Bank of America and CIBC World Markets....

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Hidalgo: Mindanao LGUs urged to invest in education

Sun Star 12 Nov 2018

LOCAL government units (LGUs) in Mindanao must prioritize education if they want to give their constituents a better chance of breaking the cycle of poverty. This is a call for the chiefs of the local government which is the home to two-fifths of the country's poor according to the World Bank (WB) report Making Growth Work for the Poor ... ....

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Ease of doing business

The Daily Tribune 12 Nov 2018

PH ranking. For the 2019 World Bank Ease of Doing Business Report, the Philippines slid a few steps behind the rankings, now at 124th out of 190 countries ... What gives?. As per the report, the Philippines is at rank 166 for starting a business and at rank 184 for getting credit! There are more things to be done in improving these vital factors ... .......

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80pc of Pakistan’s poor live in rural areas, says World Bank report

Dawn 11 Nov 2018

According to a World Bank report titled ‘State of Water Supply, Sanitation and Poverty in Pakistan’, Balochistan has by far the highest rural poverty rate, with more than 62 per cent of its rural population living below the poverty line ... The report said that the poverty head count ......

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Fixing the education crisis in the Middle East and North Africa region

The National 11 Nov 2018

A World Bank report being launched this week in Cairo − titled Expectations and Aspirations, A New Framework for Education in the Middle East and North Africa − identifies the constraints holding back the region’s education potential and offers guidance and solutions to unleash it....

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Kingdom’s financial outlook remains stable as B1 rating maintained for another year

The Jordan Times 11 Nov 2018

“This report gives an important indicator to the World Bank and international banks,” Marji said, adding that the income tax bill is one of the most important factors such credit rating agencies base their reports on, as it shows the country’s ability to enhance revenues....

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Rwanda ready to grow its economy through Alibaba partnership

China Daily 11 Nov 2018

The two parties recently signed three memoranda of understanding, which saw establishment of an electronic world trade platform, or eWTP ... "In the latest World Bank Ease of Doing Business report, Rwanda ranked as the 29th most business-friendly country in the world, up from 41st position last year....