19 August 2018
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Latest articles for World Bank


CBA and World Bank collaborate for DLT bond issuance

10 August 2018  |  7114 views  |  0 News

Commonwealth Bank of Australia is collaborating with the World Bank on the creation of a Ethereum-based platform for blockchain bond issuance.


Mastercard and IFC renew financial inclusion programme

26 April 2018  |  5534 views  |  0 Company announcement

Mastercard and IFC, a member of the World Bank Group, today bolstered their partnership to drive financial inclusion, updating a $250 million global risk-sharing facility to expand access to electronic payments in emerging markets.


World Bank reports record growth in remittances

26 April 2018  |  2580 views  |  0 Company announcement

Remittances to low- and middle-income countries rebounded to a record level in 2017 after two consecutive years of decline, says the World Bank’s latest Migration and Development Brief.


Mobile money drives financial inclusion but gender gap persists

20 April 2018  |  6810 views  |  0 News

Financial inclusion is on the rise globally, accelerated by mobile phones and the internet, but gains have been uneven across countries and men remain more likely than women to have an account, according to a new World Bank report.


IFC becomes anchor investor in $100 million Partech Africa startup fund

18 January 2018  |  4074 views  |  0 Company announcement

IFC, a member of the World Bank Group, has helped Partech Ventures launch a €100 million fund that is expected to become the largest venture-capital fund focused on digital-technology start-ups in sub-Saharan Africa.


Mobile lender WeLab scoops $220 million in financing

08 November 2017  |  4682 views  |  0 News

Alibaba, Credit Suisse, and the World Bank's International Finance Corporation have joined in a $220 miliion Series B and debt financing round for Hong Kong-based mobile lender WeLab.


IFC Invests in LMRKTS

07 June 2017  |  2785 views  |  0 Company announcement

International Finance Corporation (“IFC”), a member of the World Bank Group, and LMRKTS are pleased to announce an equity investment by IFC in LMRKTS to help expand LRMKTS into the emerging markets.


World Bank selects Asset Control for data management

19 May 2016  |  2128 views  |  0 Company announcement

Asset Control, a leading provider of financial data management solutions, is proud to announce that it has been selected by The World Bank Group.


Remittances edge up slightly in 2015 as more banks pull back

22 April 2016  |  4207 views  |  0 Company announcement

Remittances to developing countries grew only marginally in 2015, as weak oil prices and other factors strained the earnings of international migrants and their ability to send money home to their families, says the World Bank’s latest edition of the Migration and Development Brief, released today.


World Bank reports big drop in numbers of unbanked

16 April 2015  |  10006 views  |  10 News

A new report from the World Bank has recorded a massive 20% drop in the numbers of unbanked consumers, as 700 million adults worldwide joined the formal banking system and became account holders between 2011 and 2014.

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