The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank established in 2015. It aims to support infrastructure development and regional connectivity in Asia and beyond. The AIIB has 102 members and is headquartered in Beijing, China. While independent of China's Belt and Road Initiative, the AIIB complements this initiative by providing financing for infrastructure projects. The AIIB presents opportunities for African countries to access alternative financing for development projects.
The World Bank is an international financial institution that provides loans and assistance to developing countries. It aims to reduce poverty through sustainable development programs related to areas like education, health, infrastructure and more. The World Bank differs from the World Bank Group, which incorporates the World Bank and three additional organizations that promote private sector investment, guarantee investments and settle investment disputes.
International Financial Institution, IMF, IBRD,IFC,IDAMohammed Jasir PV
International Financial Institution- International Monetary Fund—functions-- Special Drawing Rights - International Bank for Reconstruction and Development-- International Finance Corporation-- International Development Association
The document provides an overview of the Islamic Development Bank (IDB), including its vision, objectives, capital structure, membership, organizational structure, programs, sources of funds, and modes of finance. The IDB is an international development bank established in 1975 by OIC member states. It aims to promote socio-economic development in Muslim communities through various development programs and by providing financing through Sharia-compliant structures like leasing, installment sales, and istisna'a contracts. The IDB has expanded over time and now operates as a group consisting of five entities focused on development banking, research, private sector development, trade finance, and political risk insurance.
The document discusses the International Monetary Fund (IMF), providing details on its history, objectives, functions, and leadership. Specifically, it notes that the IMF was formed in 1944 to promote international monetary cooperation and financial stability. Its key functions include providing loans to countries experiencing economic crises, delivering technical assistance to members, and monitoring global economic and financial policies to maintain international monetary stability.
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (IBRD) ®IONAL DEVEL...Aman Dwivedi
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (IBRD)
&
REGIONAL DEVELOPMENT BANK
(RDB)
FUNCTIONS OF IBRD
ORGANIZATION STRUCTURE
WORLD BANK GROUP
ACTIVITIES BY IBRD
IBRD SERVICES
BIGGEST GLOBAL CHALLENGES FOR IBRD
REGIONAL DEVELOPMENT BANK (RDB)
OTHER FOCUS AREAS
PURPOSE OF REGIONAL DEVELPOMENT BANKS
AREAS OF WORK
ROLE OF RDB’S IN INDIA
SOME RDB PARTICIPATING BANK IN INDIA
IFC
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries.The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established on July 20, 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private sector entities, and creating jobs and delivering necessary services to those who are poverty-stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals that its projects are expected to target. Its goals are to increase sustainable agriculture opportunities, improve health and education, increase access to financing for microfinance and business clients, advance infrastructure, help small businesses grow revenues, and invest in climate health.
The IFC is owned and governed by its member countries (184), but has its own executive leadership and staff that conduct its normal business operations. It is a corporation whose shareholders are member governments that provide paid-in capital and which have the right to vote on its matters.Originally more financially integrated with the World Bank Group, the IFC was established separately and eventually became authorized to operate as a financially autonomous entity and make independent investment decisions.It offers an array of debt and equity financing services and helps companies face their risk exposures, while refraining from participating in a management capacity. The corporation also offers advice to companies on making decisions, evaluating their impact on the environment and society, and being responsible.It advises governments on building infrastructure and partnerships to further support private sector development. The IFC is governed by its Board of Governors which meets annually and consists of one governor per member country.Each member typically appoints one governor and also one alternate.[ International Finance Corporation (2010). IFC Annual Report 2010: Where Innovation Meets Impact (Report). World Bank Group. Retrieved 2012-06-09.] Although corporate authority rests with the Board of Governors, the governors delegate most of their corporate powers and their authority over daily matters such as lending and business operations to the Board of Directors.The IFC's Board of Directors consists of 25 executive directors who meet regularly and work at the IFC's headquarters, and is chaired by the President of the World Bank Group.
IBRD: International Bank for Reconstruction and DevelopmentEr. Vaibhav Agarwal
The International Bank for Reconstruction and Development (IBRD) was created in 1944 to help rebuild Europe after World War II. Today, IBRD provides loans and assistance to middle-income countries to reduce poverty and promote economic growth. As the largest development bank, IBRD aims to end extreme poverty by 2030 through loans, expertise, and coordination. India is a long-standing member and borrower of IBRD, receiving over $42 billion in loans for projects across multiple sectors. IBRD raises most of its funding through bond issuances and maintains a AAA credit rating.
The World Bank is an international financial institution that provides loans and assistance to developing countries. It aims to reduce poverty through sustainable development programs related to areas like education, health, infrastructure and more. The World Bank differs from the World Bank Group, which incorporates the World Bank and three additional organizations that promote private sector investment, guarantee investments and settle investment disputes.
International Financial Institution, IMF, IBRD,IFC,IDAMohammed Jasir PV
International Financial Institution- International Monetary Fund—functions-- Special Drawing Rights - International Bank for Reconstruction and Development-- International Finance Corporation-- International Development Association
The document provides an overview of the Islamic Development Bank (IDB), including its vision, objectives, capital structure, membership, organizational structure, programs, sources of funds, and modes of finance. The IDB is an international development bank established in 1975 by OIC member states. It aims to promote socio-economic development in Muslim communities through various development programs and by providing financing through Sharia-compliant structures like leasing, installment sales, and istisna'a contracts. The IDB has expanded over time and now operates as a group consisting of five entities focused on development banking, research, private sector development, trade finance, and political risk insurance.
The document discusses the International Monetary Fund (IMF), providing details on its history, objectives, functions, and leadership. Specifically, it notes that the IMF was formed in 1944 to promote international monetary cooperation and financial stability. Its key functions include providing loans to countries experiencing economic crises, delivering technical assistance to members, and monitoring global economic and financial policies to maintain international monetary stability.
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (IBRD) ®IONAL DEVEL...Aman Dwivedi
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (IBRD)
&
REGIONAL DEVELOPMENT BANK
(RDB)
FUNCTIONS OF IBRD
ORGANIZATION STRUCTURE
WORLD BANK GROUP
ACTIVITIES BY IBRD
IBRD SERVICES
BIGGEST GLOBAL CHALLENGES FOR IBRD
REGIONAL DEVELOPMENT BANK (RDB)
OTHER FOCUS AREAS
PURPOSE OF REGIONAL DEVELPOMENT BANKS
AREAS OF WORK
ROLE OF RDB’S IN INDIA
SOME RDB PARTICIPATING BANK IN INDIA
IFC
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries.The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established on July 20, 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private sector entities, and creating jobs and delivering necessary services to those who are poverty-stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals that its projects are expected to target. Its goals are to increase sustainable agriculture opportunities, improve health and education, increase access to financing for microfinance and business clients, advance infrastructure, help small businesses grow revenues, and invest in climate health.
The IFC is owned and governed by its member countries (184), but has its own executive leadership and staff that conduct its normal business operations. It is a corporation whose shareholders are member governments that provide paid-in capital and which have the right to vote on its matters.Originally more financially integrated with the World Bank Group, the IFC was established separately and eventually became authorized to operate as a financially autonomous entity and make independent investment decisions.It offers an array of debt and equity financing services and helps companies face their risk exposures, while refraining from participating in a management capacity. The corporation also offers advice to companies on making decisions, evaluating their impact on the environment and society, and being responsible.It advises governments on building infrastructure and partnerships to further support private sector development. The IFC is governed by its Board of Governors which meets annually and consists of one governor per member country.Each member typically appoints one governor and also one alternate.[ International Finance Corporation (2010). IFC Annual Report 2010: Where Innovation Meets Impact (Report). World Bank Group. Retrieved 2012-06-09.] Although corporate authority rests with the Board of Governors, the governors delegate most of their corporate powers and their authority over daily matters such as lending and business operations to the Board of Directors.The IFC's Board of Directors consists of 25 executive directors who meet regularly and work at the IFC's headquarters, and is chaired by the President of the World Bank Group.
IBRD: International Bank for Reconstruction and DevelopmentEr. Vaibhav Agarwal
The International Bank for Reconstruction and Development (IBRD) was created in 1944 to help rebuild Europe after World War II. Today, IBRD provides loans and assistance to middle-income countries to reduce poverty and promote economic growth. As the largest development bank, IBRD aims to end extreme poverty by 2030 through loans, expertise, and coordination. India is a long-standing member and borrower of IBRD, receiving over $42 billion in loans for projects across multiple sectors. IBRD raises most of its funding through bond issuances and maintains a AAA credit rating.
The World Bank is an international organization established in 1945 with the purposes of financing projects that aim to reduce poverty and support economic development. It has five agencies that provide financial and technical assistance to both developing and developed countries. The World Bank funds come from member contributions and bond issuances, and it provides direct loans, loan guarantees, and technical assistance to its members. While the World Bank has helped many developing countries with infrastructure projects and disaster relief, some criticize that it pushes a privatization agenda and that India's dependence on it has increased over time.
The World Bank is an international financial institution that provides loans and technical assistance to developing countries with the goal of reducing poverty. It comprises two main institutions: the International Bank for Reconstruction and Development and the International Development Association. The World Bank raises funds through bonds and provides low or no-interest loans and grants to poorer countries for infrastructure projects, social services, and other development programs. It works with 189 member countries through boards of governors and executive directors to determine lending priorities and policies aimed at sustainable economic growth and poverty reduction.
Ifc local currency and hedging solutionsVimanyu Garga
IFC provides local currency financing and hedging solutions to help companies manage currency risk. IFC offers local currency loans at fixed or variable rates in over 30 emerging market currencies. IFC also structures risk management swaps and other products to allow companies to hedge currency exposures. Developing local currency financing is a priority for IFC as it helps companies focus on their core business instead of exchange rate movements and supports development of local capital markets long-term.
The World Bank Group (WBG) is a family of five international organizations that provide loans and other financial services to developing countries with the goals of reducing poverty and building prosperity. The WBG consists of the International Bank for Reconstruction and Development, International Finance Corporation, International Development Association, International Centre for Settlement of Investment Disputes, and Multilateral Investment Guarantee Agency. Together these organizations work with both the public and private sectors in developing countries by providing debt financing, risk insurance, and other financial services. The WBG has faced criticism over its advocacy of free market reforms, which some argue can be harmful if implemented too quickly or without proper conditions, but it also argues that lending allows funds to be reused to help more countries over time
The International Finance Corporation (IFC) was established in 1956 and is based in Washington D.C. The IFC works to promote private sector growth in developing countries in order to reduce poverty. It has worked with over 3,300 companies across 140 countries. The IFC provides loans, equity investments, and other financial services to support private businesses in developing nations. Its goal is to create jobs and increase access to basic services.
The basics of development financing for real estate development and businesses, from how banks make loan decisions to how SBA and other programs work to help create and retain jobs. Presented at the 2016 Ohio Basic Economic Development Course.
2018 DRR Financing 1.5 Mohamed Al HadiUNDP Eurasia
The Islamic Development Bank provides concise summaries in 3 sentences or less that provide the high level and essential information from the document. The Islamic Development Bank (IDB) was established in 1974 to foster economic development among its 57 member countries according to Islamic principles. The IDB funds projects related to disaster prevention, mitigation, and recovery through its ordinary capital and grants totaling $1.33 billion, with 89% of funding coming from grants. The IDB's interventions have focused on rehabilitation projects (80%), with distribution of projects primarily in Africa (71%) and Asia (18%).
International Finance Corporation (IFC) - investing in the mining sector in e...Karsten Fuelster
IFC, the private sector arm of the World Bank, is selectively investing - amongst others - in the mining sector in emerging market countries. As part of its development mandate IFC is providing long term funding in form of equity and long term debt. IFC is providing multiple additional services
Working Paper Insights from the South African ExperienceDr Lendy Spires
This document summarizes a study examining the linkages between financial inclusion and the other core objectives of financial stability, integrity, and consumer protection (referred to as I-SIP objectives) based on examples from South Africa. The study analyzes specific policies and regulations implemented in South Africa to understand how they considered and addressed potential risks and benefits across the I-SIP objectives. Based on these examples, the study proposes a methodology for policymakers to optimize I-SIP linkages by applying a principle of proportionality when designing financial inclusion policies and regulations. The methodology is summarized in seven guidance statements focused on inter-agency collaboration, assessing linkages, defining objectives, segmenting markets, collecting data, consulting stakeholders, and adapting over time based
Offshore financial centre and international banks (ppt)akanksha007
Offshore financial centres specialize in providing corporate and commercial services to non-residents through offshore companies and investment funds. Panama and the Isle of Man are examples of offshore centres, with Panama having liberal tax laws and the Isle of Man exempting non-resident owned companies from income taxes. Leading international banks that operate in offshore centres include HSBC, Standard Chartered Bank, American Express Bank, and Deutsche Bank, providing services like loans, investment products, foreign exchange, and deposits globally.
The World Bank Group comprises 5 institutions that provide financing, advice, and dispute resolution services to further economic development. The World Bank (IBRD and IDA) provides loans and grants to governments for projects in areas like education, health, and infrastructure. IFC provides financing and advisory services to encourage private sector investment in developing countries. MIGA insures private investments against political risks. ICSID facilitates arbitration of disputes between states and foreign investors.
International Development Association and its role is discussed. This is one of five members of World Bank Group. This association claims that they provide financial assistance to the poorest countries for reducing poverty and hunger.
The document discusses several organizations that make up the World Bank Group:
1. The International Bank for Reconstruction and Development (IBRD) lends to middle-income countries and provides loans, technical assistance, and risk management products.
2. The International Development Association (IDA) provides interest-free credits and grants to the world's poorest countries.
3. The International Finance Corporation (IFC) focuses on investing in private sector businesses in developing countries to promote private sector development.
International Bank For Reconstruction And Developmentajithsrc
The document discusses two organizations that provide financial assistance to developing countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The IBRD helps nations recover from war and reduces poverty through loans, guarantees, and risk management services. The IDA, established in 1960 as part of the World Bank, provides interest-free credits and grants to the world's poorest countries to boost economic growth, reduce inequality, and improve living conditions. The IDA lends money on concessional terms to the 79 poorest countries, with 39 in Africa, and is a major source of funds for basic social services in these nations.
The World Bank was established in 1944 at the Bretton Woods Conference to provide loans and technical assistance to developing countries. It is made up of 185 member countries and has over 10,000 staff worldwide. The World Bank provides low-interest loans, interest-free credits, and grants to fund projects focused on reducing poverty and increasing economic growth. It works through various organizations like the IBRD, IDA, IFC, MIGA, and ICSID to promote private sector development, infrastructure projects, education, health, and more. In India, the World Bank has funded projects to upgrade highways, railways, and engineering education to support development.
Presentation on imf lending facilitiesGarimaGoel25
The document provides an overview of the various lending facilities offered by the International Monetary Fund (IMF). It discusses 12 main facilities including the Gold Reserve Tranche, First Credit Tranche, Upper Credit Tranche, Stand-By Arrangements, General Agreement to Borrow, Extended Credit Facility, Compensatory Financing Facilities, Oil Facility, The Trust Fund, Structural Adjustment Fund, SDR, and Poverty Reduction and Growth Facilities. Each facility is briefly described in terms of its purpose, terms of lending such as interest rates and repayment periods, and eligibility criteria.
Colleen Piccone - The International Finance CorporationColleen Piccone
Colleen Piccone previously spent several years as deputy project manager for the International Finance Corporation in Russia. The International Finance Corporation is a division of the World Bank that bolsters the private sector in developing countries by providing financial products like loans and equity investments to promote economic growth, while also advising on topics like corporate governance and environmental protection. It divides its offerings into investment services, advisory services, and capital investment through its subsidiary the IFC Asset Management Company.
The IMF and World Bank were established in 1944 to promote international monetary cooperation and economic development. The IMF works to foster global monetary cooperation and secure financial stability, while the World Bank provides loans and technical assistance to developing countries for programs that reduce poverty. Both organizations are based in Washington D.C. and have over 180 member countries. They work to stabilize exchange rates and international trade, as well as promote high employment, sustainable growth, and poverty reduction worldwide.
The World Bank is an international financial institution that provides loans and technical assistance to developing countries. It was established in 1944 along with the IMF at the Bretton Woods Conference. The World Bank comprises five organizations: the IBRD, IDA, IFC, MIGA, and ICSID. The IBRD and IDA provide loans to governments for projects focused on reducing poverty and promoting development, while the IFC focuses on private sector development and the others provide guarantees and arbitration.
International Bank for Reconstruction and Development or World Bank.pdfBhanuSharma161525
The International Bank of Reconstruction and Development (IBRD) is a development bank administered by the World Bank. The IBRD offers financial products and policy advice to countries aiming to reduce poverty and promote sustainable development.The International Bank of Reconstruction and Development is a cooperative owned by 189 member countries.
KEY TAKEAWAYS
The International Bank of Reconstruction and Development (IBRD) is one of two major institutions that make up the World Bank.
The IBRD advises countries that are interested in limiting poverty and enabling sustainable development.
Its main focus is on providing financing and economic policy advice to help the leaders of middle-income countries navigate the path toward greater prosperity.History of the IBRD
The IBRD was founded in anticipation of the end of World War II, during the Bretton Woods Conference of 1944, a gathering of the 44 Allied Nations of the Second World War meant to establish the post-war global financial order. Along with establishing a new global monetary policy regime, the Bretton Woods Conference was also where the International Monetary Fund and the IBRD were formed.
The first loan ever issued by the International Bank Of Reconstruction and Development was to the government of France, to help finance the reconstruction of critical infrastructure. Following the reconstruction of Europe, the IBRD shifted its focus to promoting economic development in other parts of the world.
The World Bank is an international organization established in 1945 with the purposes of financing projects that aim to reduce poverty and support economic development. It has five agencies that provide financial and technical assistance to both developing and developed countries. The World Bank funds come from member contributions and bond issuances, and it provides direct loans, loan guarantees, and technical assistance to its members. While the World Bank has helped many developing countries with infrastructure projects and disaster relief, some criticize that it pushes a privatization agenda and that India's dependence on it has increased over time.
The World Bank is an international financial institution that provides loans and technical assistance to developing countries with the goal of reducing poverty. It comprises two main institutions: the International Bank for Reconstruction and Development and the International Development Association. The World Bank raises funds through bonds and provides low or no-interest loans and grants to poorer countries for infrastructure projects, social services, and other development programs. It works with 189 member countries through boards of governors and executive directors to determine lending priorities and policies aimed at sustainable economic growth and poverty reduction.
Ifc local currency and hedging solutionsVimanyu Garga
IFC provides local currency financing and hedging solutions to help companies manage currency risk. IFC offers local currency loans at fixed or variable rates in over 30 emerging market currencies. IFC also structures risk management swaps and other products to allow companies to hedge currency exposures. Developing local currency financing is a priority for IFC as it helps companies focus on their core business instead of exchange rate movements and supports development of local capital markets long-term.
The World Bank Group (WBG) is a family of five international organizations that provide loans and other financial services to developing countries with the goals of reducing poverty and building prosperity. The WBG consists of the International Bank for Reconstruction and Development, International Finance Corporation, International Development Association, International Centre for Settlement of Investment Disputes, and Multilateral Investment Guarantee Agency. Together these organizations work with both the public and private sectors in developing countries by providing debt financing, risk insurance, and other financial services. The WBG has faced criticism over its advocacy of free market reforms, which some argue can be harmful if implemented too quickly or without proper conditions, but it also argues that lending allows funds to be reused to help more countries over time
The International Finance Corporation (IFC) was established in 1956 and is based in Washington D.C. The IFC works to promote private sector growth in developing countries in order to reduce poverty. It has worked with over 3,300 companies across 140 countries. The IFC provides loans, equity investments, and other financial services to support private businesses in developing nations. Its goal is to create jobs and increase access to basic services.
The basics of development financing for real estate development and businesses, from how banks make loan decisions to how SBA and other programs work to help create and retain jobs. Presented at the 2016 Ohio Basic Economic Development Course.
2018 DRR Financing 1.5 Mohamed Al HadiUNDP Eurasia
The Islamic Development Bank provides concise summaries in 3 sentences or less that provide the high level and essential information from the document. The Islamic Development Bank (IDB) was established in 1974 to foster economic development among its 57 member countries according to Islamic principles. The IDB funds projects related to disaster prevention, mitigation, and recovery through its ordinary capital and grants totaling $1.33 billion, with 89% of funding coming from grants. The IDB's interventions have focused on rehabilitation projects (80%), with distribution of projects primarily in Africa (71%) and Asia (18%).
International Finance Corporation (IFC) - investing in the mining sector in e...Karsten Fuelster
IFC, the private sector arm of the World Bank, is selectively investing - amongst others - in the mining sector in emerging market countries. As part of its development mandate IFC is providing long term funding in form of equity and long term debt. IFC is providing multiple additional services
Working Paper Insights from the South African ExperienceDr Lendy Spires
This document summarizes a study examining the linkages between financial inclusion and the other core objectives of financial stability, integrity, and consumer protection (referred to as I-SIP objectives) based on examples from South Africa. The study analyzes specific policies and regulations implemented in South Africa to understand how they considered and addressed potential risks and benefits across the I-SIP objectives. Based on these examples, the study proposes a methodology for policymakers to optimize I-SIP linkages by applying a principle of proportionality when designing financial inclusion policies and regulations. The methodology is summarized in seven guidance statements focused on inter-agency collaboration, assessing linkages, defining objectives, segmenting markets, collecting data, consulting stakeholders, and adapting over time based
Offshore financial centre and international banks (ppt)akanksha007
Offshore financial centres specialize in providing corporate and commercial services to non-residents through offshore companies and investment funds. Panama and the Isle of Man are examples of offshore centres, with Panama having liberal tax laws and the Isle of Man exempting non-resident owned companies from income taxes. Leading international banks that operate in offshore centres include HSBC, Standard Chartered Bank, American Express Bank, and Deutsche Bank, providing services like loans, investment products, foreign exchange, and deposits globally.
The World Bank Group comprises 5 institutions that provide financing, advice, and dispute resolution services to further economic development. The World Bank (IBRD and IDA) provides loans and grants to governments for projects in areas like education, health, and infrastructure. IFC provides financing and advisory services to encourage private sector investment in developing countries. MIGA insures private investments against political risks. ICSID facilitates arbitration of disputes between states and foreign investors.
International Development Association and its role is discussed. This is one of five members of World Bank Group. This association claims that they provide financial assistance to the poorest countries for reducing poverty and hunger.
The document discusses several organizations that make up the World Bank Group:
1. The International Bank for Reconstruction and Development (IBRD) lends to middle-income countries and provides loans, technical assistance, and risk management products.
2. The International Development Association (IDA) provides interest-free credits and grants to the world's poorest countries.
3. The International Finance Corporation (IFC) focuses on investing in private sector businesses in developing countries to promote private sector development.
International Bank For Reconstruction And Developmentajithsrc
The document discusses two organizations that provide financial assistance to developing countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The IBRD helps nations recover from war and reduces poverty through loans, guarantees, and risk management services. The IDA, established in 1960 as part of the World Bank, provides interest-free credits and grants to the world's poorest countries to boost economic growth, reduce inequality, and improve living conditions. The IDA lends money on concessional terms to the 79 poorest countries, with 39 in Africa, and is a major source of funds for basic social services in these nations.
The World Bank was established in 1944 at the Bretton Woods Conference to provide loans and technical assistance to developing countries. It is made up of 185 member countries and has over 10,000 staff worldwide. The World Bank provides low-interest loans, interest-free credits, and grants to fund projects focused on reducing poverty and increasing economic growth. It works through various organizations like the IBRD, IDA, IFC, MIGA, and ICSID to promote private sector development, infrastructure projects, education, health, and more. In India, the World Bank has funded projects to upgrade highways, railways, and engineering education to support development.
Presentation on imf lending facilitiesGarimaGoel25
The document provides an overview of the various lending facilities offered by the International Monetary Fund (IMF). It discusses 12 main facilities including the Gold Reserve Tranche, First Credit Tranche, Upper Credit Tranche, Stand-By Arrangements, General Agreement to Borrow, Extended Credit Facility, Compensatory Financing Facilities, Oil Facility, The Trust Fund, Structural Adjustment Fund, SDR, and Poverty Reduction and Growth Facilities. Each facility is briefly described in terms of its purpose, terms of lending such as interest rates and repayment periods, and eligibility criteria.
Colleen Piccone - The International Finance CorporationColleen Piccone
Colleen Piccone previously spent several years as deputy project manager for the International Finance Corporation in Russia. The International Finance Corporation is a division of the World Bank that bolsters the private sector in developing countries by providing financial products like loans and equity investments to promote economic growth, while also advising on topics like corporate governance and environmental protection. It divides its offerings into investment services, advisory services, and capital investment through its subsidiary the IFC Asset Management Company.
The IMF and World Bank were established in 1944 to promote international monetary cooperation and economic development. The IMF works to foster global monetary cooperation and secure financial stability, while the World Bank provides loans and technical assistance to developing countries for programs that reduce poverty. Both organizations are based in Washington D.C. and have over 180 member countries. They work to stabilize exchange rates and international trade, as well as promote high employment, sustainable growth, and poverty reduction worldwide.
The World Bank is an international financial institution that provides loans and technical assistance to developing countries. It was established in 1944 along with the IMF at the Bretton Woods Conference. The World Bank comprises five organizations: the IBRD, IDA, IFC, MIGA, and ICSID. The IBRD and IDA provide loans to governments for projects focused on reducing poverty and promoting development, while the IFC focuses on private sector development and the others provide guarantees and arbitration.
International Bank for Reconstruction and Development or World Bank.pdfBhanuSharma161525
The International Bank of Reconstruction and Development (IBRD) is a development bank administered by the World Bank. The IBRD offers financial products and policy advice to countries aiming to reduce poverty and promote sustainable development.The International Bank of Reconstruction and Development is a cooperative owned by 189 member countries.
KEY TAKEAWAYS
The International Bank of Reconstruction and Development (IBRD) is one of two major institutions that make up the World Bank.
The IBRD advises countries that are interested in limiting poverty and enabling sustainable development.
Its main focus is on providing financing and economic policy advice to help the leaders of middle-income countries navigate the path toward greater prosperity.History of the IBRD
The IBRD was founded in anticipation of the end of World War II, during the Bretton Woods Conference of 1944, a gathering of the 44 Allied Nations of the Second World War meant to establish the post-war global financial order. Along with establishing a new global monetary policy regime, the Bretton Woods Conference was also where the International Monetary Fund and the IBRD were formed.
The first loan ever issued by the International Bank Of Reconstruction and Development was to the government of France, to help finance the reconstruction of critical infrastructure. Following the reconstruction of Europe, the IBRD shifted its focus to promoting economic development in other parts of the world.
The World Bank is an international financial institution that provides loans and technical assistance to developing countries for capital programs aimed at reducing poverty. It aims to promote foreign investment, international trade, and facilitate capital investment. It comprises the International Bank for Reconstruction and Development and the International Development Association. The IBRD finances private sector projects and companies, while the IDA provides long-term, interest-free loans to the world's poorest countries.
The World Bank is an international financial institution that provides loans and financial assistance to developing countries for capital programs with the goal of reducing poverty. It makes decisions guided by promoting foreign investment, international trade, and facilitating capital investment. It was founded in 1944 at the United Nations Monetary and Financial Conference in Bretton Woods, New Hampshire and opened in 1946. The World Bank comprises the International Bank for Reconstruction and Development and the International Development Association, and is part of the larger World Bank Group which also includes the International Finance Corporation, Multilateral Investment Guarantee Agency, and International Centre for Settlement of Investment Disputes.
The World Bank aims to reduce poverty through providing loans to developing countries for capital programs and investments. It comprises the International Bank for Reconstruction and Development and International Development Association. The World Bank uses strategies like education, ICT, and poverty reduction strategies to achieve its objectives of promoting long-term foreign investment and development. While it has helped increase life expectancy, literacy and reduce poverty in some areas, a full assessment of whether it has achieved its objectives would require a more thorough analysis.
The World Bank is an international financial institution that provides loans and grants to low and middle income countries for development projects. It was established in 1944 at the Bretton Woods Conference and currently has 189 member countries. The World Bank aims to reduce poverty and boost shared prosperity through financing projects in areas like health, education, infrastructure, agriculture and more. It has responded to the COVID-19 pandemic by making $160 billion available for testing, medical supplies, vaccine distribution and economic relief.
The International Bank for Reconstruction and Development (IBRD), also known as the World Bank, is an international financial institution established in 1944 to finance post-war reconstruction and development. It is headquartered in Washington D.C. and has 188 member countries. The IBRD provides long-term loans, policy advice, technical assistance to middle-income and creditworthy poorer countries for sustainable projects focused on reducing poverty and promoting economic growth. It raises most of its funds through debt issuances on global capital markets. Key activities include projects focused on education, health, infrastructure, private sector development, and environment protection.
The World Bank is an international financial institution that provides loans and technical assistance to developing countries. It was established in 1944 at the Bretton Woods Conference to support post-war reconstruction and development. The World Bank aims to reduce poverty and support development by providing low-interest loans, grants, and technical assistance to developing countries in areas such as health, education, infrastructure, and private sector development. It monitors how loans are used and evaluates results to ensure projects are economically, financially, socially and environmentally sound.
The World Bank is an international financial institution established in 1944 that provides loans and financial assistance to developing countries for programs aimed at reducing poverty. It consists of five institutions - the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and International Centre for Settlement of Investment Disputes (ICSID). Each institution specializes in a different aspect of development such as providing loans, guarantees, and dispute resolution services to promote global development and economic growth.
Finance Function,Different types of Accounts for NRI, Methods of IN Trade , D...Mohammed Jasir PV
Finance Function: Financial Institutions in International Trade. Non-resident Accounts: Repatriable and Non Repatriable, Significance for the Economy and Bank. -- Methods of IN Trade Settlement: Open Account, Clean Advance, Documentary Credit, Documentary Collection. - Documentary Credits (Letter of Credit): Types of LC – Parties, Mechanism with illustration
World Bank - International Business - Manu Melwin Joymanumelwin
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2. What is the Asian
Infrastructure
Investment Bank
(AIIB)?
A regional based (Asia
and Oceania)
international, multilateral
development bank.
Proposed in 2013 by
President Xi Jing Ping
of the People’s
Republic of China.
21 countries were
signatories to the
initial agreement to
establish the bank in
2014
The Bank was
established under its
founding Articles of
Agreement in June
2015.
At the time of its
launch, it had 51
founding members,
currently there are 102
members across the
globe.
Its headquarters are in
Beijing China but with
offices around the
world.
Official languages are
English and Chinese,
but the working
language is English.
3. Legal
framework
The AIIB Articles of Agreement
The AIIB By-Laws
Environmental and Social Frameworks
Risk Management Framework
Directives
See https://www.aiib.org/en/index.html
4. Purpose,
functions &
objectives
of the AIIB
Purpose
Under Article 1 of the Bank’s Article of Agreement, its purpose includes;
1. To foster sustainable economic development, wealth creation and
improve infrastructure connectivity in Asia through Investment mainly
in infrastructure
2. To promote regional cooperation and partnership in addressing
challenges of development
Functions
Under Article 2 of the Articles, its functions include;
1. Promotion of investment for public and private capital in infrastructure
mainly in infrastructure
2. Distribution of resources for harmonious economic growth
3. Mobilize and encourage private investment and supplement it in case its
lacking.
Objectives
From policy statements, its operating documents and scholarly articles we can gleam
that some of the objectives for the creation of the bank included;
1. Complementing the existing International Financial and Multilateral
Development Finance systems like the International Bank for
Reconstruction and Development, the Asian Development Bank, African
Development Bank etc., through partnerships and cooperation.
2. Providing alternative finance to its member states.
5. Purpose,
functions &
objectives of
the AIIB
cont.…
• Focusing especially on infrastructure development and connectivity
between economies and region to promote faster integration and remove
barriers of trade.
• Mobilizing of resources to do away with financing bottlenecks.
For China’s foreign policy
• Concern that the traditional IFI system was not evolving fast enough to
accommodate the present changing nature of the global economy, the
demands of the developing world for more resources and increased
participation in the governance system.
• It is an outlet for China’s internal overcapacity in construction through
engaging in infrastructure projects abroad.
• To encourage foreign enterprise and expansion for domestic companies
with new lending sources in the long run enabling access to new markets
and increasing global competitiveness thus raising up the value chain.
• To find investment opportunities for China’s large foreign exchange
reserves through multilateral means thereby sharing risks of investment
and lending but engaging in the decision making process of how the
monies are used.
• Internationalization of the RMB
• China is a point where its internal economic strategy is transitioning from
investment led growth to consumption led growth. Reformation of the
financial sector will help encourage its companies reach for external
opportunities to support this
6. Composition,
Membership
& Governance
Structure
• According to Article 3 of the Articles of Agreement, the
membership to the Bank is open to all sovereigns, particularly
mentioned are members of the IBRD and the ADB.
• At the time of signing, depositing and ratification of the Articles
of Agreement, on December 31 2015, the Bank had 51 members.
• Membership is determined by signing the articles, subscription to
shares and payment of subscription as laid out in the Articles of
Agreement. Membership is divided into Four major categories;
1. Regional Members, who are in Asia and Oceania. Top
five share holders in this category include China with
297,804 shares (30.89 % shares and 26.65% voting
power), India with 83,673 shares, Russia with 65,362,
Korea with 37,388, Australia with 36,912.
2. Non-Regional Members. The top five share holders
include Germany with 44,842 shares, France with
33,756 shares, Brazil with 31,810 shares and the UK
with 30,546 shares
3. Founding Members who at the time the Articles of
Agreement had come into force had signed the
documents and complied with the conditions set out.
These members have special voting rights under the
articles. (Article 28)
4. Prospective Members (18)
7. Governance
Structure
• Article 21 of the Articles of Agreement
1. Board of Governors each representing a member
state.
2. Board of Directors to whom the Board of
Governors can delegate, composing 12 Directors, 9
regional and 3 non-regional.
3. A President elected by a super-majority of the
BOGs (5 year tenure) (Currently its Mr. Jin Liqin
who has been elected twice)
4. Vice President elected by the Board of Directors
5. Senior Management Team with a Chief Risk
Officer, Chief Finance Officer and General
Counsel.
6. International Advisory Panel (has Dr. Ngozi
Okonjo Iweala, former Finance Minister Nigeria,
Former Managing Director of the World Bank)
8. The AIIB and
the Belt &
Road Initiative
(BRI)
The objectives and motives of the AIIB align and intersect
with those of the BRI especially integration of the financial
system, and making finance available to infrastructure
projects along the Belt and Road.
However, the AIIB and the BRI despite being both China-
led are independent of each other. Additionally the AIIB is
increasingly taking on a more international character in its
governance system. However, on still should not forget that
China is the largest stakeholder in both initiatives.
According to Mr. Jin Liqin the President of the AIIB, many of the
BRI projects are proposed to the bank for financing, however they
also need to pass the standards of the Bank to access funds.
9. AIIB relationship with International
Law, International Financial System
& the Bretton Woods System
• The Bank’s international law character is placed within its Articles of Agreement, signed by sovereign
states, therefore governed by public international law and established rules, practices and norms of
the international financial systems.
• Under Article 45, the Bank has full legal personality to contract, acquire and dispose of property, to
engage in legal proceedings.
• Therefore, the Bank has entered into several cooperation agreements with sovereign states,
international organizations and MDBs
• According to it’s Rule of Law document, the Bank entered into a Headquarters Agreement with
China “to define the legal status, privileges and immunities for AIIB’s operation and functioning in China.”
• The Articles of Agreement and the Headquarters Agreement are both registered at the UN
Secretariat in accordance with Article 102 of the UN Charter.
• The AIIB has observer status under United Nations General Assembly under (UNGA Resolution
A/RES/73/216.
10. Cont….
Article 31 of the Articles of Agreement
stipulate that the Bank stands by the principle
of non-interference in the internal affairs of
member states, that it maintains its
independence in decision-making and that
economic considerations are the only criteria
for financing projects.
Article 35 allows the Bank to
engage in cooperation with
member states and international
organizations through
arrangements approved by the
Board of Directors.
11. Africa and the
AIIB
• Egypt and South Africa are founding members of the AIIB.
• Currently there are 18 members ( 5 actual, and 13 prospective members)
Morocco, Algeria, Tunisia, Libya, Egypt, Sudan, Ethiopia, Djibouti, Kenya,
Rwanda, Benin, Togo, Ghana, Cote d’Ivoire, Guinea, Madagascar, Senegal,
South Africa.
• As many African countries are part of the BRI and are active financing and
investment destinations for China, the African continent has many reasons
to seek out partnership in the Bank.
• Only three projects in Africa have been approved by the AIIB, all in Egypt,
i.e.;
• The 2017 Egypt Round II Solar PV Feed-in Tariffs Program (partly
financed by the AIIB, the International Financial Corporation and
private companies)
• The 2018 Sustainable Rural Sanitation Services Program (Partnership
with the World Bank)
• The 2019 National Bank of Egypt On-Lending Facility for
Infrastructure.
• The AIIB also entered into a partnership agreement with the AfDB and the
Islamic Development Bank.
12. Opportunities
for African
countries
• Eligibility to borrow under the Articles of the AIIB includes
members or an agent, instrumentality, political subdivision of the
member, an entity or enterprise operating in the territory of a
member or to international organizations and entities. Non-member
can receive financing if an application is approved by the Board of
Governors. (Art. 11)
• The AIIB provides the opportunity of a competitive alternative to
member states for development finance, at negotiable prices and
interest rates without threat of unnecessary conditionality that
hinders progress and meaningful growth.
• Additionally, through cooperation and partnership with other
organizations the Bank not only diversifies and increases sources of
capital, it encourages productive distribution of these resources to a
focused area of investment, i.e., infrastructure.
• Encouraging more investment in infrastructure from newer sources
of capital ensures that developing countries especially can access
necessary funds to solve their development needs while accessing
monies elsewhere for other needs.
• Having African members in such an international financial
organization, increases chances for participation in governance, and
thereby integrates smaller economies into the global economic
landscape, providing a sense of stability to the international
financial system.
13. AIIB loans
and project
finance
• Easier accessibility to funding
• Market-based Loans rather than policy
• The AIIB’s narrower mandate allows it to have more flexibility, make
quicker decisions and reduce time between disbursement of funds and
implementation of project thereby reducing operation costs.
• Because it has an international membership lending risks are spread
out, this encourages creditors to take risks even in countries with low
credit ratings.
• Because it is new, the AIIB is responsive and reactionary to the
changing global needs and can adapt through innovation and
encourage the use of these resources for those purposes, i.e. its
Infrastructure for Tomorrow initiative is about supporting green
investment, innovation and connectivity.
• Its “Lean, Clean and Green” principles will hopefully have a positive
impact on the projects that are finance and the companies that are
supported by encouraging them to adopt higher ESG standards in their
operations.
14. References
• Articles of Agreement of the AIIB.
https://www.aiib.org/en/about-aiib/basic-documents/articles-of-
agreement/index.html
• Safiye Ergun, Chinese engagement in Africa through the Asian
Infrastructure Investment Bank, Cappodocia Journal of Area
Studies. December 2019.
• Lean, Clean and Green: A new model of multilateral development
bank for building infrastructure in Asia and beyond – An interview
with AIIB President Jin Liqun, Journal of Infrastructure, Policy
and Development (2018) Volume 2 Issue 1.
• China’s emerging institutional statecraft: The Asian Infrastructure
Investment Bank and the prospects for counter-hegemony. Project
on International Order and Strategy at BROOKINGS.
• The Rule of Law at the Asian Infrastructure Investment Bank.
aiib.org/law