This document summarizes several international banks: the World Bank, International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), International Monetary Fund (IMF), and Asian Development Bank (ADB). It describes the purpose and objectives of each bank, including reconstructing nations after WWII (IBRD), providing loans to poorer countries (IDA), promoting private investment in developing countries (IFC), stabilizing exchange rates and supervising international payments (IMF), and promoting social and economic development in Asia (ADB).
Finance Function, Financial Institutions in International Trade,5 Non resident Accounts, Repatriable and Non Repatriable bank accounts, Significance of non-resident accounts for the Economy, Methods of Trade Settlement,Open Account, Cash in Advance, Documentary Credit, Documentary Collection, Documentary Credits, Letter of Credit, Types of LC,Parties of letter of credit, Mechanism of LC with illustration, world bank group, International monetary fund, special drawing rights, regional development banks, IBRD,IDA,IFC,MIGA,ICSID,role of NRI,methods of payment, types of letter of credit, process of letter of credit,LC
Finance Function, Financial Institutions in International Trade,5 Non resident Accounts, Repatriable and Non Repatriable bank accounts, Significance of non-resident accounts for the Economy, Methods of Trade Settlement,Open Account, Cash in Advance, Documentary Credit, Documentary Collection, Documentary Credits, Letter of Credit, Types of LC,Parties of letter of credit, Mechanism of LC with illustration, world bank group, International monetary fund, special drawing rights, regional development banks, IBRD,IDA,IFC,MIGA,ICSID,role of NRI,methods of payment, types of letter of credit, process of letter of credit,LC
World Bank - International Business - Manu Melwin Joymanumelwin
The World Bank was created at the 1944 Bretton Woods Conference, along with three other institutions, including the International Monetary Fund (IMF). The World Bank and the IMF are both based in Washington D C, and work closely with each other.
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
In this presentation, we will discuss about International Economic Institutions that comprises of International Monetary Fund, financial facilities and policies, conditionality, special drawing rights of the reserved assets, concept of World Bank, international Development Association, IFC, International Trade Centre and various other institutions, in detail.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
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.
World Bank - International Business - Manu Melwin Joymanumelwin
The World Bank was created at the 1944 Bretton Woods Conference, along with three other institutions, including the International Monetary Fund (IMF). The World Bank and the IMF are both based in Washington D C, and work closely with each other.
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
In this presentation, we will discuss about International Economic Institutions that comprises of International Monetary Fund, financial facilities and policies, conditionality, special drawing rights of the reserved assets, concept of World Bank, international Development Association, IFC, International Trade Centre and various other institutions, in detail.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
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.
Slides da Palestra dada pela Equipe LUZ na Feira do Empreendedor 2015 - 8 Ferramentas Para a Sua Empresa Sair do Vermelho - Quer saber mais sobre essas Planilhas? Clique aqui: https://goo.gl/hK8l06
WTO & Trade Issues - International Financial Institutions.pptxDiksha Vashisht
The International Monetary Fund (IMF) is an international organization that promotes global economic growth and financial stability, encourages international trade, and reduces poverty. Quotas of member countries are a key determinant of the voting power in IMF decisions.
Votes comprise one vote per 100,000 special drawing right (SDR) of quota plus basic votes. SDRS are an international type of monetary reserve currency created by the IMF as a supplement to the existing money reserves of member countries.
PERIYAR UNIVERSITY - B.A. ECONOMICS- IV SEMESTER - INTERNATIONAL ECONOMICS - UNIT – V: Evolution, Role and Functions of International Institutions - IMF, IBRD, GATT, WTO and ADB.
This presentation, created by Syed Faiz ul Hassan, explores the profound influence of media on public perception and behavior. It delves into the evolution of media from oral traditions to modern digital and social media platforms. Key topics include the role of media in information propagation, socialization, crisis awareness, globalization, and education. The presentation also examines media influence through agenda setting, propaganda, and manipulative techniques used by advertisers and marketers. Furthermore, it highlights the impact of surveillance enabled by media technologies on personal behavior and preferences. Through this comprehensive overview, the presentation aims to shed light on how media shapes collective consciousness and public opinion.
0x01 - Newton's Third Law: Static vs. Dynamic AbusersOWASP Beja
f you offer a service on the web, odds are that someone will abuse it. Be it an API, a SaaS, a PaaS, or even a static website, someone somewhere will try to figure out a way to use it to their own needs. In this talk we'll compare measures that are effective against static attackers and how to battle a dynamic attacker who adapts to your counter-measures.
About the Speaker
===============
Diogo Sousa, Engineering Manager @ Canonical
An opinionated individual with an interest in cryptography and its intersection with secure software development.
Acorn Recovery: Restore IT infra within minutesIP ServerOne
Introducing Acorn Recovery as a Service, a simple, fast, and secure managed disaster recovery (DRaaS) by IP ServerOne. A DR solution that helps restore your IT infra within minutes.
Have you ever wondered how search works while visiting an e-commerce site, internal website, or searching through other types of online resources? Look no further than this informative session on the ways that taxonomies help end-users navigate the internet! Hear from taxonomists and other information professionals who have first-hand experience creating and working with taxonomies that aid in navigation, search, and discovery across a range of disciplines.
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...Orkestra
UIIN Conference, Madrid, 27-29 May 2024
James Wilson, Orkestra and Deusto Business School
Emily Wise, Lund University
Madeline Smith, The Glasgow School of Art
This presentation by Morris Kleiner (University of Minnesota), was made during the discussion “Competition and Regulation in Professions and Occupations” held at the Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found out at oe.cd/crps.
This presentation was uploaded with the author’s consent.
2. Introduction
Banking, the business of providing financial services to
consumers and businesses.
The basic services a bank provides :
Checking accounts, which can be used like money to
make payments and purchase goods and services;
savings accounts and time deposits that can be used to
save money for future use etc.
3.
4.
5.
6.
7. WORLD BANK
The World Bank, also known as the International Bank for
Reconstruction and Development has been assisting
developing nations since its creation out of Bretton Woods
agreement in 1944.
The World Bank Group is made up of five organizations:
The International Bank for Reconstruction and
Development (IBRD).
8. The International Development Association (IDA).
The International Finance Corporation (IFC).
The Multilateral Investment Guarantee Agency
(MIGA).
The International Centre for the Settlement of
Investment Disputes (ICSID).
9. Headquarters: Washington, DC and more than 100
offices around the world
Established: July 1, 1944 by a conference of 44
governments in Bretton Woods, New Hampshire,
USA
Membership: 184countries.
The World Bank is run like a cooperative, with
their member countries as shareholders.
10. INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT
The International Bank for
Reconstruction and
Development IBRD
provides loans and
development assistance to
middle income countries in
Latin America, Asia, Africa
and Eastern Europe.
STANDARD CHARTERED
11. OBJECTIVES OF THE BANK
The IBRD is an international organization whose original
mission was to finance the reconstruction of nations
devastated by World War II
Encouragement and development of productive facilities
in less developed countries.
Restoration of economies destroyed by war, famine and
flood.
Development of territories of members.
Promotion of foreign investment.
Its mission has expanded to fight poverty by means of
financing states.
12. INTERNATIONAL DEVELOPMENT
ASSOCIATION (IDA):
The International
Development Association was
established in September 24,
1960.
165 Members is the part of the
World Bank that helps the
world’s poorest countries.
IDA is responsible for
providing long-term, interest-
free loans to the world's 80
poorest countries, 39 of which
are in Africa.
13. OBJECTIVES
The purposes not eligible under IBRD loans like water
supply, urban development, housing, slum clearances,
education, sanitation, health etc. are covered under
IDA loans.
IDA loans are provided on the basis of :
Poverty tests
Performance test
Project test.
14. INTERNATIONAL FINANCE
CORPORATION (IFC)
The International Finance
Corporation was
established in 1956.
It had 176 members.
It promotes sustainable
private sector investment
in developing countries as
a way to reduce poverty
and improve people's lives.
15. FEATURES
It makes investment in partnership with private
investors
Such investments are primarily made for industries
contributing to the development of the country
concerned
IFC will not seek govt. guarantee for repayment
It includes projects related to availability of food stuffs.
16. The International Monetary Fund was created in
1944, with a goal to stabilize exchange rates and
supervise the reconstruction of the world’s international
payment system.
Promote international monetary cooperation.
Shorten the duration and lessen the degree of
disequilibrium in the international balances of
payments of members.
Facilitate the expansion and balanced growth of
international trade.
17. Promote exchange stability and maintain
orderly exchange arrangements among
members.
The IMF provides financial assistance to
members in a manner that promotes sustained
growth. The IMF works to foster global growth
and economic stability. It provides policy advice
and financing to members in economic
difficulties and also works with developing
nations.
18. Formation- Adopted: July 22, 1944 (71 years ago)
Entered into force: December 27, 1945
Headquarters- Washington, D.C.
Membership- 1 nation (founding); 188 nations (to
date)
Official languages- English, French, and Spanish
Managing Director- Christine Lagarde
Main organ- Board of Governors
Website- www.imf.org
19. TWO SOURCES OF FUNDS FOR IMF
Subscription by members
Borrowing from different countries (under
General Agreement to borrow)
20. ASIAN DEVELOPMENT BANK
The Asian Development Bank (ADB) is a regional
development bank established on 22 August1966.
ADB is an international development finance
institution owned by 67 members, 48 of which are
from Asia and the Pacific region
Primary Aim:
The Asian Development Bank aims for an Asia and
Pacific free from poverty.
The social and economic development of the Asian
and Pacific countries.
21. To boost cooperative and immediate regional growth
among member countries
Membership in ADB is open to:
Members and associate members of the United
Nations Economic and Social Commission for Asia and
the Pacific and other regional countries and non-
regional developed countries that are members of the
United Nations or of any of its specialized agencies.
22. AREAS OF WORK
The Bank's operations cover a wide spectrum of activities
and have been classified according to the following
sectors:
Agriculture
Education
Finance
Health
Industry and Trade
Information and Communication Technology
Transport
Water
23. CONCLUSION
Thus banking is the business of providing
financial services to consumers and businesses. The
international bank includes the International Monetary
Fund, the World Bank or IBRD, the IDA (Intl dvlpt
asso.), the IFC (Intl fin.Corp.), the ADB (Asian dvlpt
bank).
The IMF promotes international monetary
cooperation, IBRD focuses on the restoration and
development of its members, IDA is responsible for
providing long-term, interest-free loans, IFC encourages
the growth of private investment or savings and ADB
aims for an Asia and Pacific free from poverty.