India secures $386b for renewable energy expansion
India has secured a commitment of $386 billion from banks and financial institutions to expand its renewable energy…
Browsing Tag
Financial Institutions
S. Korea’s foreign securities investment up 2.1% in Q2
South Korea's institutional investment in foreign securities rose a 2.1 per cent increase in June quarter from the…
Canadian banks fall behind in renewable investments
Canada’s financial institutions are falling short in the investment levels required for renewable energy to reach…
Switzerland launches instant payments
Switzerland introduced instant payments on August 20, 2024, with around 60 financial institutions now able to…
China, US pact to address financial stress
China's central bank announced a significant development in financial diplomacy, revealing that a meeting in…
China boosts lending to flood-hit regions
The People's Bank of China (PBC) has announced a significant increase in relending quotas to support the…
China extends low-cost loans for carbon reduction to ’27
China's central bank, the People's Bank of China (PBOC), will extend a programme providing low-cost loans to…
Egypt’s MSMEDA, OECD partner to boost SMEs in MENA
Egypt’s MSMEDA is partnering with the OECD to support small and medium-sized businesses in the MENA region.
SWIFT to unveil CBDC platform within 2 years
SWIFT, the global bank messaging network, is set to launch a platform within 1-2 years to integrate the emerging…
Egypt expects over $20b FX inflows post IMF deal – FinMin
Egypt’s Minister of Finance Mohamed Maait said on Tuesday that the anticipated foreign cash inflows are estimated…
