Discover the different types of multilateral development banks, their roles in global finance, examples like the World Bank, and how they support economic development.

KUALA LUMPUR, Malaysia--Malaysia's central bank lowered its growth and inflation forecasts for the Southeast Asian country, citing rising global trade tensions and geopolitical risks. Bank Negara ...

BEIJING (Reuters) -China's central bank said on Friday it will step up monetary policy adjustments and strengthen coordination between monetary and fiscal policies to support economic growth amid a ...

MEXICO CITY (Reuters) -Mexico's economy is performing better than expected, the Bank of Mexico said on Friday in its quarterly report, while increasing its growth forecast for the rest of the year for ...

MEXICO CITY–The Bank of Mexico lowered its economic growth estimates for this year and next, citing uncertainty about the impact of U.S. import tariffs and weakness in domestic consumption and ...

Federal Reserve Chair Jerome Powell said the central bank would leave its benchmark interest rate unchanged, adding that now is the time to “wait for further clarity.” Photo: Roberto Schmidt/Agence ...

Bank transactions are exempt from this restriction, and here lies the problem for borrowers, which prompted many of them to ...

The European Central Bank (ECB) is expanding the development of a wholesale central bank digital currency (CBDC) payment system to settle transactions between institutions, according to a Feb. 20 ...

The Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday revised its GDP growth forecast for FY2025–26 upwards to 6.8%, compared with 6.5% projected in August. Quarterly growth for Q1 ...

Member of Parliament for Okaikwei Central, Patrick Yaw Boamah, has urged corporate institutions in Ghana to play a stronger ...

Dams have been emblematic of the World Bank's approach to development for many decades. From the bank's early years in the 1960s and 1970s, large-scale infrastructure projects such as dams, power ...

Banks in Arizona and western states are experiencing stability due to a strong economy. Bank failures are at low levels, and the banking industry is continuing to consolidate. Community bankers are ...