International Organizations World Bank

  • World Bank President Jim Yong Kim.

    World Bank President Jim Yong Kim tells CNBC the biggest concern for the world economic engine is the level of uncertainty.

  • World Bank's Kim: Trade is good for everyone

    CNBC's Sara Eisen speaks with Jim Young Kim, World Bank President, about political rhetoric surrounding trade and populism and their effects on both the domestic U.S. economy and those around the world.

  • WASHINGTON, Oct 6- Deutsche Bank needs to reexamine its business model to maintain its long-term profitability in a very low interest rate environment, but other banks also need to do it as well, International Monetary Fund Managing Director Christine Lagarde said on Thursday. Lagarde told Bloomberg Television at the IMF and World Bank fall meetings that...

  • WASHINGTON, Oct 5- International Monetary Fund officials sought to play down the risk of an imminent crisis over Deutsche Bank on Wednesday and expressed confidence that German and European authorities were working to ensure stability. Questions over the health of Germany's largest lender loomed large over the start of the IMF and World Bank annual...

  • East Asia Pacific set for further growth: World Bank

    The World Bank's Sudhir Shetty talks about the resilient growth East Asia Pacific is experiencing.

  • *World Bank raises 2016, 2017 growth forecasts for Thailand. The Washington- based lender now expects the developing East Asia and Pacific region, which includes China, to grow 6.4 percent in 2016 and 6.2 percent in 2017.. "Growth in the region is expected to remain broadly resilient during 2016-2018," the World Bank said in its latest East Asia and Pacific...

  • SINGAPORE, Oct 5- The World Bank slightly raised its 2016 economic growth forecast for developing East Asia and Pacific on Wednesday, citing the region's relative resilience. Latest GDP growth projections, percent:. East Asia and 5.9 5.8 5.7.

  • WORLD BANK KEEPS 2016 AND 2017 CHINA GROWTH FORECASTS UNCHANGED AT 6.7 PCT AND 6.5 PCT.

  • WORLD BANK RAISES 2016 GROWTH FORECAST FOR DEVELOPING EAST ASIA PACIFIC TO 6.4 PCT FROM 6.3 PCT.

  • WEDNESDAY, OCTOBER 5 HANOI- World Bank holds presser to publish semiannual review of the region's developing economies- 0200 GMT. ZAGREB- World Bank will present its regular economic report on Croatia's economic performace and expectations- 0830 GMT. WARSAW- National Bank of Poland announces rate decision- 0930 GMT.

  • The fragile state of European banks will continue to weigh on market confident, experts say, even if Deutsche Bank manages to settle its DOJ case.

  • MONDAY, OCTOBER 3 MAKATI CITY, the Philippines- World Bank briefing on key economic and social developments and policies in the Philippines over the past three to six months.- 0200 GMT. MUMBAI- Reserve Bank of India monetary policy committee holds a two day meeting. WARSAW- National Bank of Poland holds its monetary policy council meeting.

  • LONDON- South African Finance Minister Pravin Gordhan, African Development President Akinwumi Adesina, Nigeria Minister of Industry, Trade and Investment Okechukwu Enelamah speak at the FT Africa summit. MONDAY, OCTOBER 3 MAKATI CITY, the Philippines- World Bank briefing on key economic and social developments and policies in the Philippines over the past...

  • ABIDJAN, Sept 29- Economic growth in sub-Saharan Africa is likely to slip to 1.6 percent this year, its lowest level in two decades, due to continuing woes in the continent's largest economies South Africa and Nigeria, a World Bank report said on Thursday. However, other countries, including Ethiopia, Rwanda, and Tanzania, have continued to record GDP growth above 6...

  • CHICAGO, Sept 28- International Monetary Fund Managing Director Christine Lagarde said on Wednesday the institution would lower its 2016 U.S. growth forecast again and called policies that restrict trade "economic malpractice" that would choke off growth. Lagarde, in prepared remarks at Northwestern University ahead of next week's IMF and World Bank annual...

  • WASHINGTON, Sept 27- The World Bank on Tuesday reappointed Jim Yong Kim to a five-year term as president of the multilateral development lender after the nomination period closed without any challengers coming forward.

  • WORLD BANK SAYS EXECUTIVE DIRECTORS VOTED UNANIMOUSLY TO REAPPOINT JIM YONG KIM TO SECOND FIVE YEAR TERM AS PRESIDENT OF WORLD BANK GROUP.

  • MOSCOW, Sept 23- International tax cooperation will be in focus alongside the global economy a meeting of finance ministers from the Group of 20 developed and developing nations in Washington next month, Russia's top financial diplomat said on Friday. The G20 ministers meet in Washington on Oct. 6, on the eve of the World Bank/ IMF annual meetings, weeks after a G20...

  • ACCRA, Sept 22- The World Bank will provide up to $500 million to Ghana in the form of a partial risk guarantee for use if the country defaults on payments for gas from the Sankofa field, the state oil company said on Thursday. The guarantee is the largest of its kind to be granted by the Bank and provides security to Ghana over gas expected to flow in 2018 from the $7.9...

  • WASHINGTON, Sept 22- The World Bank division that lends to the world's poorest countries is preparing to raise billions of dollars from capital markets next year after winning top-tier, first-ever credit ratings from Moody's Investors Service and Standard and Poor's. The World Bank said on Thursday that its International Development Association unit,...