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News From British Perspective

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Business
20.10.2020
by The FINANCIAL
5 mins read

IFC and FT announced winners of 2020 FT/IFC Transformational Business Awards

The FINANCIAL — The International Finance Corporation (IFC), a member of the World Bank Group and The Financial Times, have announced the winners of the 2020 FT/IFC Transformational Business Awards, a global programme that highlights ground-breaking, long-term private sector solutions to major development issues. This year’s programme marks 15 years of collaboration between the FT and IFC on awards that have had a substantial impact on the way financial and non-financial organisations approach sustainable investment. The awards’ core five categories directly relate to global efforts to achieve the UN Sustainable Development Goals (SDGs). The 2020 awards also included a special category on harnessing

Keep Reading
Europe

IFC lends support to UniCredit Leasing to enhance SME and Climate financing in Romania

The FINANCIAL — IFC, a member of the World Bank Group, is lending its support to UniCredit Leasing Corporation (UCLC), Romania’s top leasing company, to increase access to finance for small and medium sized enterprises (SMEs) and to provide more climate finance

More
by The FINANCIAL
November 13, 2020
3 mins read
WORLD

IFC and AIA Sri Lanka partner to increase Sri Lankan women’s access to insurance, create more jobs

The FINANCIAL — Sri Lankan women, including female entrepreneurs, are expected to have increased access to insurance and more of a chance of a job in the insurance industry, in the wake of an agreement between IFC, a member of the World Bank

More
by The FINANCIAL
November 10, 2020
3 mins read
Placeholder Photo
WORLD

IFC launches innovative Mongolia Tugrik to help micro and rural entrepreneurs amid COVID-19

The FINANCIAL — About 15,000  micro, rural and women entrepreneurs in the next three years are set to benefit from an innovative Mongolia Tugrik (MNT) denominated loan facility for Transcapital LLC, a leading non-bank financial institution in Mongolia, arranged by IFC, a

More
by The FINANCIAL
November 10, 2020
3 mins read
WORLD

IFC and the Hong Kong Monetary Authority announced new alliance to address climate change

The FINANCIAL — IFC, a member of the World Bank Group, has signed a new partnership with the Hong Kong Monetary Authority (HKMA) to encourage commercial banks in Asia to adopt strategies and targets to become greener. The signing of the agreement

More
by The FINANCIAL
November 10, 2020
3 mins read
Ukraine

World Bank approved $100 mln project to support economic recovery of Eastern Ukraine

The FINANCIAL — The World Bank’s Board of Executive Directors approved a $100 million project to support the Government of Ukraine’s efforts to promote socioeconomic recovery and development of Eastern Ukraine, where the continuing conflict has impacted the lives and livelihoods of

More
by The FINANCIAL
November 9, 2020
4 mins read
WORLD

IMF/World Bank Annual Meetings in Morocco postponed until 2022

The FINANCIAL — The Kingdom of Morocco, the World Bank Group and the International Monetary Fund (IMF) announced today that the planned World Bank Group-IMF Annual Meetings scheduled to take place in Marrakesh, Morocco, in October 2021 will be postponed by 12 months

More
by The FINANCIAL
November 5, 2020
1 min read
Ukraine

IFC will work with National Bank of Ukraine to boost access to financial services in Ukraine

The FINANCIAL – IFC, a member of the World Bank Group, announced it will be working with the National Bank of Ukraine to develop a national financial inclusion strategy aimed at improving access to digital financial services, creating jobs and boosting the

More
by The FINANCIAL
November 4, 2020
3 mins read
WORLD

IFC and Santander collaborate to support SMEs and expand green financing in Brazil

The FINANCIAL — IFC, a member of the World Bank Group, is partnering with Santander Brasil to boost access to credit for small and medium-sized enterprises (SMEs) and expand green financing in Brazil. IFC is providing $100 million (BRL560 million equivalent) in

More
by The FINANCIAL
November 4, 2020
4 mins read
WORLD

IFC Study says female employees in Sri Lanka’s private sector are more productive working from home

The FINANCIAL — Almost two-thirds of 140,000 employees in Sri Lanka’s leading companies are struggling to meet personal and family financial obligations due to the impact of COVID-19, reveals a new report. The report, Gendered Impacts of COVID-19 on Employment in the

More
by The FINANCIAL
October 29, 2020
3 mins read
Business

World Bank sanctions 2 Chinese engineering companies for 18 months

The FINANCIAL — The World Bank Group today announced the 18-month sanctions of China National Electric Engineering Company Limited (“CNEEC”) and its wholly owned subsidiary, China Electric Design and Research Institute Company Limited (“CEDRI”), both international engineering companies, in connection with fraudulent

More
by The FINANCIAL
October 29, 2020
3 mins read
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COVID-19 Statistics. Europe

Source: Johns Hopkins University, New York Times, Worldometers

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