International Finance Corporation

World Bank raises US$165 million with first 'women's bond'

World Bank president Jim Yong Kim has designated gender as one of five “themes” that must tie in to everything the bank does. Photo: AFP

The World Bank said on Wednesday its private sector arm issued about US$165 million in “women’s bonds” in the first debt sale by the development lender specifically aimed at raising money for businesses owned or run by women in emerging markets.

Thursday, 7 November, 2013, 11:41am

Hong Kong still No 2 for ease of doing business

Co-authors of the Doing Business report Karim Belayachi and Maya Choueiri. It has been conducted since 2003. Photo: Sam Tsang

Hong Kong remains the second-best place in the world to do business, pipped again by Singapore, which for the seventh consecutive year topped a global survey of business-friendly economies.

China, the world's second-biggest economy, lagged in 91st place but was the most improved market in the Asia-Pacific region to do business.

24 Oct 2012 - 9:31am

Lender eyes more dim sum sales in HK

International Finance Corporation, the for-profit lending arm of the World Bank, is aiming to sell more dim sum bonds in Hong Kong this year as it seeks to boost lending in local currencies, according to a top executive.

'We are very much hoping to [sell dim sum bonds this year],' IFC deputy treasurer and head of funding John Borthwick said yesterday.

19 Jan 2012 - 12:00am

Heavy debts no problem in Tianrui's HK debut

Despite its heavy debt burden, China Tianrui Group Cement got the thumbs-up from investors yesterday on its debut, with its share price soaring 22 per cent. The mainland company plans to grow through acquisitions.

24 Dec 2011 - 12:00am

ING Bank backs deal

ING Bank of the Netherlands, through its Tokyo Branch, said it had arranged project financing for a US$30 million Sino-Japanese eel farming and processing joint venture in Jiangsu province.

The venture is in co-operation with the International Finance Corporation (IFC).

25 Jan 1995 - 12:00am

Bond market on the way up

WHO says Hong Kong hasn't got a bond market? Yesterday's successful launch of a $750 million bond by the International Finance Corporation (IFC) will have, quite rightly, been a cause for celebration at the Monetary Authority, which is keen that the territory should develop a mature bond market.

13 Aug 1993 - 12:00am