commercial banks

World Bank’s International Finance Corporation adopts climate change specific financing, aims to reduce financing for coal to zero by 2030

By admin1 on September 24, 2020 • ( 0 )

In a significant development, the World Bank’s private-sector arm has introduced new climate change specific conditions, which encourages commercial banks and other financial lenders to wind down support for coal projects in Asia and Africa. The International Finance Corporation (IFC),… Read More ›

World’s banking backbone under attack from hackers

By admin1 on December 13, 2016 • ( 0 )

In an increasingly digital world, with the countries around the world opting for a cashless economy, these cyberattacks go to highlight the vulnerabilities of the global financial network and the urgent need to harden and strengthen them. While going cashless… Read More ›