IFC

JAVER Drives Sustainable Housing Development and Obtains IFC EDGE Certification

Retrieved on: 
Tuesday, October 18, 2022
Environment, Construction & Property, Finance, Utilities, Professional Services, Sustainability, Energy, Environmental, Social and Governance (ESG), Residential Building & Real Estate, Biophysical environment, EDGE, IFC, International Finance Corporation, World Bank Group, Efficiency, Electricity, Housing, Great Places, ESG, Family, World, Certification, Social, Social Security Government Pension Offset, Water, Muriel, Mining

JAVER , a leading housing developer in Mexico, has a long track record of commitment to adopting best Environmental, Social and Governance (ESG) practices for the benefit of the communities where its housing projects are located.

Key Points: 
  • JAVER , a leading housing developer in Mexico, has a long track record of commitment to adopting best Environmental, Social and Governance (ESG) practices for the benefit of the communities where its housing projects are located.
  • Thus, for the purpose of further promoting the integral well-being of communities, JAVER stepped up its sustainability efforts by obtaining EDGE (Excellence in Design for Greater Efficiencies) certification for 294 homes in the Muriel Residencial project, which is in the metropolitan area of Monterrey, Nuevo Len.
  • This certification, established by the International Finance Corporation (IFC), a member of the World Bank Group, evaluates the energy and water efficiency and energy savings embodied in the materials used for the construction of the homes.
  • The housing project has 3-bedroom homes with excellent layout, luxury finishes and amenities for all members of the family.

SentBe Named 2022 Inclusive Fintech 50 Winner

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Monday, October 17, 2022
Transfer, API, Time, Insurance, Financial technology, IFC, SENDA, MSME-Champions, APAC, Visa, FX, Multimedia, Real, Technology, Goal, MetLife, CFI, Science and technology in Asia, SDG, UN, Comic Relief, United Nations Sustainable Development Group, Financial inclusion, Migrant, Center, Business, Bank, Online shopping, Financial services, Acción

SentBe recognized for its innovative, affordable, and convenient cross-border money transfer service made easier, simpler, and more accessible for migrant workers

Key Points: 
  • SentBe recognized for its innovative, affordable, and convenient cross-border money transfer service made easier, simpler, and more accessible for migrant workers
    SEOUL, South Korea, Oct. 17, 2022 /PRNewswire/ -- SentBe Inc., South Korea's leading fintech company specializing in cross-border money transfer, announced today that it has been named in the fourth cohort ofInclusive Fintech 50 (IF50).
  • IF50 is a global innovation competition that aims to identify and elevate cutting-edge emerging inclusive fintech companies that have the potential to drive financial inclusion.
  • Based on the efforts, SentBe was selected as one of the 50 winners from a global pool of hundreds of eligible applicants.
  • Inclusive Fintech 50 is sponsored by Visa, MetLife Foundation, and Jersey Overseas Aid & Comic Relief, with support from Accion and IFC.

EQS-News: ProCredit Holding AG & Co. KGaA: ProCredit Holding intends to convert into a stock corporation (Aktiengesellschaft)

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Monday, October 17, 2022
IFC, World Bank Group, ProCredit Holding, Frankfurt Stock Exchange, Saskatchewan River Sturgeon Management Board, Physikalisch-Technische Bundesanstalt, General officer, ProCredit Bank, Partnership, World, Deutsche Bundesbank, Company, Federal Financial Supervisory Authority, Limited partnership, Judgement of the German Federal Court of Justice on Google's autocomplete function, News, Aktiengesellschaft, SME, Transformer, Security (finance), Bank

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: ProCredit Holding intends to convert into a stock corporation (Aktiengesellschaft)
    The issuer is solely responsible for the content of this announcement.
  • Frankfurt am Main, 14 October 2022 ProCredit General Partner AG, in consultation with its shareholders, the core shareholders of ProCredit Holding, today agreed to prepare a change of the legal form of ProCredit Holding from a partnership limited by shares (KGaA) to a stock corporation company (Aktiengesellschaft, AG).
  • It marks an important milestone for the ProCredit group as it fosters its further development as a publicly listed company.
  • The Management Board of ProCredit General Partner AG highlights: This strategic proposal reflects the maturity of the ProCredit group as a publicly listed company and confidence in its further development.

CT Group was honored by the Ministry of Construction for striving to develop eco-buildings

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Friday, October 14, 2022
Quality of life, IFC, International Finance Corporation, 3R, Ecology, Electricity, UNDP, Attention, ESG, Organization, COP26, Research, 2016 United Nations Climate Change Conference, Culture, Community, Ministry of Women and Child Development, CT, United Nations, Reuse, Water, Climate change, Ministry, Creativity, Construction, Solution, CT Corporation, Ministry of Construction (Vietnam), Vietnam's Green Corridor, Renewable energy, Technology, Environment

Having noticed the severe consequences of climate change on Vietnam, CT Group conducts several high-level engagements to inspire Vietnamese business community.

Key Points: 
  • Having noticed the severe consequences of climate change on Vietnam, CT Group conducts several high-level engagements to inspire Vietnamese business community.
  • CT Group has developed remarkably unique and sophisticated models that cover five criteria for urban sustainability: "Business, Environment, Community, Technology, and Culture."
  • At the event, CT Group served as both a sponsor and an active advocate for activities promoting Vietnam's green and clean environment.
  • CT Group has been recognized for its significant contributions to green building development in Vietnam over the last 30 years.

AMC Networks to Report Third Quarter 2022 Results

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Friday, October 14, 2022
IFC, AMC Networks, Shudder, HIDIVE, Telephone, AMC, NASDAQ, Acorn TV, ALLBLK, IFC Films, Agatha Christie, Nasdaq, Company, AMC Networks International, RLJE Films, BBC, AMCX, GLOBE, Sundance TV, BBC Studios, Anne Rice, Walking Dead, Video game

NEW YORK, Oct. 14, 2022 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the third quarter of 2022 on Friday, November 4, 2022 at 8:30 a.m. Eastern Time.

Key Points: 
  • NEW YORK, Oct. 14, 2022 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the third quarter of 2022 on Friday, November 4, 2022 at 8:30 a.m. Eastern Time.
  • AMC Networks will issue a press release reporting its results before the market opening.
  • AMC Networks (Nasdaq: AMCX) is a global entertainment company known for its popular and critically acclaimed content.
  • The Company also operates AMC Networks International, its international programming business, and 25/7 Media, its production services business.

Viasat and Inmarsat Will Work with CMA to Demonstrate Customer Benefits of Proposed Transaction

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Friday, October 14, 2022
LinkedIn, Phase II, Committee on Foreign Investment in the United States, Securities Act of 1933, IFC, UK Government Decontamination Service, Risk, Aircraft, SEC, Competition and Markets Authority, Government, Efficiency, IOT, YouTube, Viasat (American company), Annual report, NASDAQ, CMA, Intelsat, National, Committee, Twitter, Instagram, Industry, Facebook, Investment, National Security and Investment Act 2021, Panasonic, VSAT, Company, Workforce Investment Act of 1998, Competition, CEO, Internet, Nature, Face, Securities Exchange Act of 1934, Social media, Safety, LEO, Foreign investment, Environment, Forward-looking statement, ViaSat-3, Failure, Atmosphere, COVID-19, Aviation, Telesat, Anomaly, Airline, Renewable energy, Bank, Viasat, Inmarsat

Viasat and Inmarsat remain confident that the transaction will increase the availability of more affordable, faster, and more reliable IFC globally to operators, airlines, and passengers.

Key Points: 
  • Viasat and Inmarsat remain confident that the transaction will increase the availability of more affordable, faster, and more reliable IFC globally to operators, airlines, and passengers.
  • Our investments in the ViaSat-3 constellation and the Inmarsat transaction are intended to help us make these services more available globally.
  • As communicated by the CMA, Viasat and Inmarsat will actively participate in Phase 2.
  • In November 2021, Inmarsat and Viasat announced the planned combination of the two companies , to create a new leader in global communications.

Viasat and Inmarsat Will Work with CMA to Demonstrate Customer Benefits of Proposed Transaction

Retrieved on: 
Friday, October 14, 2022
LinkedIn, Phase II, Committee on Foreign Investment in the United States, Securities Act of 1933, IFC, UK Government Decontamination Service, Risk, Aircraft, SEC, Competition and Markets Authority, Government, Efficiency, IOT, YouTube, Viasat (American company), Annual report, NASDAQ, CMA, Intelsat, National, Committee, Twitter, Instagram, Industry, Facebook, Investment, National Security and Investment Act 2021, Panasonic, VSAT, Company, Workforce Investment Act of 1998, Competition, CEO, Internet, Nature, Face, Securities Exchange Act of 1934, Social media, Safety, LEO, Foreign investment, Environment, Forward-looking statement, ViaSat-3, Failure, Atmosphere, COVID-19, Aviation, Telesat, Anomaly, Airline, Renewable energy, Bank, Viasat, Inmarsat

Viasat and Inmarsat remain confident that the transaction will increase the availability of more affordable, faster, and more reliable IFC globally to operators, airlines, and passengers.

Key Points: 
  • Viasat and Inmarsat remain confident that the transaction will increase the availability of more affordable, faster, and more reliable IFC globally to operators, airlines, and passengers.
  • Our investments in the ViaSat-3 constellation and the Inmarsat transaction are intended to help us make these services more available globally.
  • As communicated by the CMA, Viasat and Inmarsat will actively participate in Phase 2.
  • In November 2021, Inmarsat and Viasat announced the planned combination of the two companies , to create a new leader in global communications.

IFC invests a US$ 75 million convertible loan in SeABank

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Friday, October 14, 2022
People, Seabank Power Station, IFC, Labour, Risk, Investment, OPEC Fund for International Development, International Finance Corporation, Bank, Carbon, Orient Commercial Joint Stock Bank, KASIKORNBANK, Community, Ministry of Lands and Land Resettlement (Zimbabwe), Cultural heritage, Risk management, International development, SME, SSB, Biodiversity

HANOI, Vietnam, Oct. 14, 2022 /PRNewswire/ -- IFC's investment is aimed at impulsing SeABanks's development strategies and increasing access to finance for SMEs and women-owned SMEs. Specifically, in line with IFC's approach to addressing climate risks, SeABank will also commit to not funding new coal-related activities. This will help contribute to Vietnam's climate targets including phasing out coal-fueled power generation by 2040 and achieving net zero carbon emissions by 2050. This commitment by SeABank will be a condition for IFC's consideration to convert this loan to common shares within the next five years.

Key Points: 
  • International Finance Corporation (IFC) invested a US$75 million convertible loan in Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code SSB).
  • IFC will have an option to convert its loan to common shares of SeABank within 5 years.
  • Specifically, in line with IFC's approach to addressing climate risks, SeABank will also commit to not funding new coal-related activities.
  • The new US$ 75 million convertible loan shows IFC's acknowledgment of SeABank's performance, credibility, and commitment to expanding its SME reach-out and addressing climate challenges in Vietnam.

IFC invests a US$ 75 million convertible loan in SeABank

Retrieved on: 
Friday, October 14, 2022
People, Seabank Power Station, IFC, Labour, OPEC Fund for International Development, Risk, Investment, International Finance Corporation, Bank, Carbon, Orient Commercial Joint Stock Bank, KASIKORNBANK, Multimedia, Community, Ministry of Lands and Land Resettlement (Zimbabwe), Cultural heritage, Risk management, International development, SME, View, SSB, Biodiversity

HANOI, Vietnam, Oct. 14, 2022 /PRNewswire/ -- IFC's investment is aimed at impulsing SeABanks's development strategies and increasing access to finance for SMEs and women-owned SMEs. Specifically, in line with IFC's approach to addressing climate risks, SeABank will also commit to not funding new coal-related activities. This will help contribute to Vietnam's climate targets including phasing out coal-fueled power generation by 2040 and achieving net zero carbon emissions by 2050. This commitment by SeABank will be a condition for IFC's consideration to convert this loan to common shares within the next five years.

Key Points: 
  • International Finance Corporation (IFC) invested a US$75 million convertible loan in Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code SSB).
  • IFC will have an option to convert its loan to common shares of SeABank within 5 years.
  • Specifically, in line with IFC's approach to addressing climate risks, SeABank will also commit to not funding new coal-related activities.
  • The new US$ 75 million convertible loan shows IFC's acknowledgment of SeABank's performance, credibility, and commitment to expanding its SME reach-out and addressing climate challenges in Vietnam.

TVM Capital Healthcare and Siemens Healthineers announce strategic collaboration to advance healthcare access in Southeast Asia

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Wednesday, October 12, 2022
Long-term care, Yong Loo Lin School of Medicine, IFC, Curbside Value Partnership, Growth, International Council, Cardiology, ESG, Siemens Healthineers, Patient, International Finance Corporation, Excellent, Research, Investment, Institute, Partnership, Google Images, EBIT, NUS, Neurology, Rehabilitation, NIC, UN, Initiative, Disease management, GPCA, Cambridge Technology Partners, Solution, Health insurance, Medical imaging, Hospital, Healthcare, Pharmaceutical industry, Medicine, SEA

SINGAPORE, Oct. 12, 2022 /PRNewswire/ -- TVM Capital Healthcare, an emerging-markets focused healthcare private equity firm headquartered in Singapore and Dubai, with presence in Boston and Munich, and Siemens Healthineers announced a landmark cooperation to support and accelerate the growth of innovative healthcare companies in Southeast Asia. Under the agreement, TVM Capital Healthcare's portfolio companies in SEA will be able to leverage Siemens Healthineers' expertise in the medical technology industry, and its strong global as well as significant regional presence in Southeast Asia.

Key Points: 
  • The alliance aims to combine forces of healthcare specialist investor TVM Capital Healthcare andleading Medtechcompany Siemens Healthineers, to ensure patients' improved access to quality and affordable healthcare services and accelerate sustainable growth for healthcare providers across Southeast Asia.
  • TVM Capital Healthcare portfolio companies will benefit from these capacities of Siemens Healthineers, additionally to the firm's dedicated investment, operations, and ESG management capacities.
  • Fabrice Leguet, President & Managing Director, Southeast Asia, Siemens Healthineers: "Access to basic medical care continues to be a growing concern for many countries in Southeast Asia.
  • This partnership between Siemens Healthineers and TVM Capital Healthcare will allow local entrepreneurs to achieve success in a sustainable manner and thereby improve access to care in Southeast Asia.