Deutsche Bank and Home Credit close ESG-linked loan focusing on financial inclusion and literacy

Deutsche Bank and Home Credit close ESG-linked loan focusing on financial inclusion and literacy

Deutsche Bank and PT Home Credit Indonesia (“Home Credit”), a global consumer finance company today announced they have closed a IDR156 billion (US$10.4 million) ESG-linked loan facility that focuses on performance targets linked to ESG principles. This is Home Credit’s first ESG-linked loan in Indonesia, as it seeks to deliver sustainable financial services and inclusive

Why it will close operations

Why it will close operations

Ford Motor Co. announced early Thursday that it will dramatically change its strategy in India, shutting down manufacturing operations that have been bleeding the automaker while at the same time investing in software developers, data scientists, research and development engineers and finance professionals.  The company will stop making vehicles for sale in India — which include the Figo, Aspire, Freestyle, EcoSport and Endeavour

Swiss Close Decade-Long Russian Money Laundering Probe | Business News

Swiss Close Decade-Long Russian Money Laundering Probe | Business News

BERLIN (AP) — Swiss prosecutors said Tuesday they have closed a decade-long investigation into suspected Russian money laundering linked to a fraud scandal in which late lawyer Sergei Magnitsky played a leading role. The Swiss investigation against persons unknown centered on money laundering alleged to have been committed in Switzerland between 2008 and 2010. It

COVID-19 shows need to close financial inclusion gender gap

COVID-19 shows need to close financial inclusion gender gap

In many parts of the world, women have had less access to financial services than men for years. The COVID-19 pandemic has exacerbated the challenge. At the onset of the pandemic, more women than men lost jobs. Sectors that absorb women workers such as tourism and personal services were hardest hit. In 2019, women accounted