Tag: Finance

Standard and Poor’s Global
Global

S&P Upgrades Jamaica from ‘B+’ to ‘BB-’, Outlook Remains “Stable”

Kingston, Jamaica: Wednesday, September 13, 2023 Standard and Poor’s Global Ratings, today, September 13, 2023, upgraded the Government of Jamaica’sLong-Term Foreign and Local Currency Issuer Default Rating (IDR) from ‘B+’ to ‘BB-’ with a stableoutlook. The S&P rating reflects the agency’s projections that Jamaica’s debt-to-GDP will continue to decline,led by modest fiscal surpluses, over the medium-term. While the government’s interest burden remainshigh, S&P expects that … Continue reading S&P Upgrades Jamaica from ‘B+’ to ‘BB-’, Outlook Remains “Stable”

Impact Newswire
Yonsei University Joins Ripple’s UBRI
United States

Yonsei University Joins Ripple’s UBRI to Drive Innovation in Blockchain Research

Partnership with one of South Korea’s most prestigious academic institutions is Ripple’s 58th UBRI partnership globally and 12th within Asia Pacific SEOUL, South Korea – Ripple, the leading provider of digital asset infrastructure, announced today that Yonsei University in South Korea is the latest partner to join its University Blockchain Research Initiative (UBRI) program. This new partnership with one of South Korea’s most prestigious academic institutions marks Ripple’s 58th … Continue reading Yonsei University Joins Ripple’s UBRI to Drive Innovation in Blockchain Research

Impact Newswire
Central Pacific Financial
United States

Veteran Banker Ralph Mesick Joins CPB as Senior Executive Vice President and Chief Risk Officer

HONOLULU – Ralph Mesick, a veteran Hawaii banker with nearly 40 years of financial services experience, has joined Central Pacific Bank (CPB) as its Senior Executive Vice President and Chief Risk Officer, according to an announcement today by Arnold Martines, CPB chairman, president, and chief executive officer. “The bank was started for our community, by our community, and I look forward to helping build our … Continue reading Veteran Banker Ralph Mesick Joins CPB as Senior Executive Vice President and Chief Risk Officer

Impact Newswire
Ripple
United States

Futureverse Chooses Ripple Custody to Provide Custody Solutions for Web3 Apps, Games and Experiences

SEOUL, South Korea – Ripple, the leading provider of digital asset infrastructure, and Futureverse, a premier AI and metaverse technology and content company, announced plans to integrate Ripple Custody to enable Futureverse to securely custody its digital assets. “The integration of Ripple Custody is driven by Ripple’s industry-leading security features and capabilities that bolster the security of our customers’ digital assets”Post this Futureverse will enable secure, … Continue reading Futureverse Chooses Ripple Custody to Provide Custody Solutions for Web3 Apps, Games and Experiences

Impact Newswire
Nigerian banks
Africa

Nigerian banks are trying to raise funds for recapitalization through public offers; but do Nigerians have the money to buy them?

-Emmanuel Abara Benson Nigerian banks have until April 2026 to recapitalize, as recently mandated by the Central Bank of Nigeria (CBN). Already, some of them have submitted their recapitalization plans, and it appears they are resorting to the capital market to raise money through right issues, private placements, and public offers. GTCO Plc is among the first to launch a public offer, seeking to raise … Continue reading Nigerian banks are trying to raise funds for recapitalization through public offers; but do Nigerians have the money to buy them?

Impact Newswire
World Bank Group
United States

Investors Support Amazon Reforestation Through Record Breaking USD 225 Million World Bank Outcome Bond

Increasing number of private investors support outcome bonds which link financial return to measurable and impactful development outcomes WASHINGTON, August 13, 2024 — The World Bank (International Bank for Reconstruction and Development, IBRD) today priced a 9-year USD 225 million, principal-protected Amazon Reforestation-Linked Bond. The largest World Bank outcome bond ever priced provides investors with a coupon that includes a fixed guaranteed component and a variable … Continue reading Investors Support Amazon Reforestation Through Record Breaking USD 225 Million World Bank Outcome Bond

Impact Newswire
World Bank Group
United States

World Bank Group Launches High Level Council to Tackle Looming Jobs Crisis

Council to be co-chaired by the President of the Republic of Singapore Tharman Shanmugaratnam and former President of the Republic of Chile Michelle Bachelet WASHINGTON, Aug. 12, 2024—The World Bank Group today announced the launch of the High-Level Advisory Council on Jobs, a new initiative that will identify actionable policies and programs to address the looming jobs crisis in the Global South. Over the next … Continue reading World Bank Group Launches High Level Council to Tackle Looming Jobs Crisis

Impact Newswire
Impact
Asia, United States

impact.com bolsters commitment to boosting Indonesia’s digital economy through MMA Global-Indonesia membership, new hires, and a strong customer base

Indonesia, 05 August 2024—impact.com, the world’s leading partnership management platform, solidifies its commitment to supporting Indonesia’s burgeoning digital economy through its recent membership with MMA Global-Indonesia, new hires in Jakarta, and growing customer base across Indonesia. Indonesian brands face significant challenges in the region’s rapidly growing digital economy. Traditional paid media is becoming less effective due to rising advertising costs, ad blockers, and audience fatigue. … Continue reading impact.com bolsters commitment to boosting Indonesia’s digital economy through MMA Global-Indonesia membership, new hires, and a strong customer base

Impact Newswire