Ajay Banga
World Bank president cautions against hasty reaction to Trump policies
Policymakers should wait to see what policies are actually executed
World Bank to double agricultural commitments to US$9 billion a year by 2030
Recent shifts in the agribusiness landscape together with reforms at the World Bank itself would allow for a ramp up of funding
World Bank chief pushes internal reforms at spring meetings
World Bank President Ajay Banga said on Friday (Apr 12) he plans to highlight a range of process improvements next week to speed up the development lender’s loan approvals, improve the accountability ...
Israel-Hamas war threatens world economy, bankers tell Saudi forum
The Gaza war raging between Israel and Hamas could deal a heavy blow to the global economy, banking titans told a glitzy investment forum in Saudi Arabia on Tuesday (Oct 24).
World Bank's Banga eyes longer, cheaper loans as mission expands to climate
World Bank president Ajay Banga on Friday (Oct 13) laid out ambitious plans to widen the development lender’s mission to include climate change and other global crises, speed decision-making and offer...
World Bank needs to get 'bigger', says president
The World Bank could raise its lending capacity by US$150 billion in the next decade, but it will need to become “bigger” to respond to global challenges, its president said on Wednesday (Oct 11).
World Bank’s Banga faces pressure over resources, shareholder schisms
WORLD Bank president Ajay Banga will come under pressure this week to focus on climate change, but the former Mastercard chief executive first needs to get shareholders in line on how to grow the bank...
World Bank chief Banga unveils new plans to boost lending ‘firepower’
WORLD Bank president Ajay Banga unveiled new plans on Tuesday (Jul 18) to stretch the bank’s balance sheet and help countries tackle climate change and other challenges, but said a capital increase wo...
World Bank targets private financing for emerging markets
The World Bank Group is leading a new initiative aimed at driving more private-sector investment to emerging markets, with an initial focus on renewable energy and energy infrastructure.
World Bank chief to 'push' its balance sheet, vows to protect 'AAA' rating
World Bank President Ajay Banga told Reuters that he will “push” the lender’s balance sheet hard to help fight climate change and other crises, but this may only yield tens of billions of dollars in a...
