Europe Shall Bailout Spain’s Banks: Hollande
French President Francois Hollande said on Friday Spain's banks should be recapitalized by Europe's bailout funds…
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World Bank
World Bank’s Zoellick: Eurozone Needs Funding For Reforms
World Bank President Robert Zoellick said if Greece leaves the eurozone, it would have "ripple effects" comparable…
WB & IMF Reject Sanctions Against Iran’s Central Bank
Governor of the Central Bank of Iran Mahmoud Bahmani announced that the World Bank (WB) and the International…
Al Baraka Banking Group Sponsors Islamic Banking and Finance Conference
The Bahrain based leading Islamic banking group Al Baraka Banking Group (ABG), announced that, as part of its…
Zoellick Defends World Bank
World Bank President Robert Zoellick on Wednesday gave an impassioned defense of the institution he has run for…
Africa Poised For Faster Growth: World Bank
Economic growth in Sub-Saharan Africa remains strong and is poised for lift-off after growing at 4.9 percent in…
World Bank: 75% Of The World’s Poor Are ‘Unbanked’
Three quarters of the world's poor, living on less than $2 a day, have no bank account, further driving the vicious…
South Sudan Joins World Bank & IMF
The Republic of South Sudan on Wednesday became the newest member of the World Bank Group (WBG) when South Sudan's…
World Bank loans Egypt US$240 million for Giza North phase III
Last week, Egypt and the World Bank signed a US$240 million loan agreement as part of a package to finance the…
US-Backed Kim To Head World Bank
The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining…
