International Finance

Tag : ADB

Business Leaders

‘With AIIB around, ADB will no longer be complacent’

ADB was not doing much lending before as Japan was too busy trying to put its own house in order Suparna Goswami Bhattacharya July 31, 2015: Since the day China announced its intention to set up Asian Infrastructure Investment Bank (AIIB), US has been skeptical about its intention. Same with Japan. Though initially, supporters were...
Economy

ADB sees strong growth for Asia in 2015 and 2016

“Developing Asia is making a strong contribution to global economic growth”, says ADB Chief Economist Shang-Jin Wei. March 26, 2015: Developing Asia will maintain its strong economic growth in 2015 and 2016 supported by soft commodity prices and recovery in the major industrial economies, says a new Asian Development Bank (ADB) report. ADB’s flagship annual...
Islamic Banking

Islamic Microfinance market size touches $1bn, says CEO of CIBE

Islamic Microfinance is rapidly gaining acceptance in Muslim and Non- Muslim countries due to its remarkable performance in poverty eradication; because of which, this industry is making quick progress. Islamic Microfinance is rapidly gaining acceptance in Muslim and Non- Muslim countries due to its remarkable performance in poverty eradication; because of which, this industry is...