World Bank chief Jim Yong Kim heads for 2nd term as no other nominees
World Bank President Jim Yong Kim effectively won a second five-year term after nominations to lead the global development bank closed Wednesday with no other candidates proposed.
Sep 15, 2016, 04:57 AM IST
World Bank welcomes China's new bank in poverty fight
China's new development bank can have an important role in fighting extreme poverty if it establishes high standards for its projects, World Bank President Jim Yong Kim said on Tuesday.
Apr 07, 2015, 22:18 PM IST
Development bank EBRD to invest in Greece to 2020
The European Bank for Reconstruction and Development (EBRD) said Tuesday it would begin funding critically needed investment in cash-strapped Greece as Athens nears the end of a massive bailout programme.
Mar 03, 2015, 17:13 PM IST
China picks site for BRICS bank: Reports
BRICS leaders agreed to put its headquarters in China`s commercial hub of Shanghai, which is seeking to become an international financial centre.
Jul 17, 2014, 12:39 PM IST
BRICS to create development bank, `mini-IMF`
The summit will mark the first face-to-face meeting between India`s new Hindu nationalist Prime Minister Narendra Modi and Chinese President Xi Jiping.
Jul 15, 2014, 09:37 AM IST
