04 Mar 2020

Coronavirus: World Bank pledges $12bn in emergency aid

The World Bank has reportedly committed $12 billion in aid for developing countries that are facing the coronavirus outbreak and how to combat it financially and medically. The WB aid includes low-cost loans, grants and technical assistance to aid these countries in preventing the outbreak and managing the coronavirus if

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13 Aug 2018

World Bank to issue the first ‘blockchain bond’

The World Bank is arranging the financial industry’s first ‘blockchain bond,’ which will become available later this month and is slated to raise about $70 million. The bank is using it for its potential to streamline processes that are otherwise split between many different actors. The bank announced that the

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