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A national development bank is a development bank created by a country's government that provides financing for the purposes of economic development of the country.
The president, Development Bank of BRICS Countries, Shri K.V. Kamath calls on the prime minister, Shri Narendra Modi, in New Delhi on May 28, 2015. On 11 May 2015, K. V. Kamath was appointed as the president of the bank. [9] The 7th BRICS summit in July 2015 marked the entry into force of the Agreement on the New Development Bank. On 27 ...
The National Development Bank PLC (commonly referred to as NDB Bank) is a Sri Lankan banking and financial services institution, headquartered in Colombo, Sri Lanka. Having begun operations as a state-owned development finance institution in 1979. In January 1979, the predecessor of National Development Bank PLC (“NDB” or “Bank”) was ...
The National Bank for Economic and Social Development or NBESD (Portuguese: Banco Nacional de Desenvolvimento Econômico e Social, abbreviated: BNDES) [2] [3] [4] is a development bank structured as a federal public company associated with the Ministry of the Economy of Brazil. The stated goal is to provide long-term financing for endeavors ...
National Development Bank of Botswana was established in 1963 by act of parliament. Its main objective is to provide financial services to Botswana's business sector. Its second objective is to earn satisfactory returns on shareholders' funds.
The Papua and New Guinea Development Bank (which later became the National Development Bank Limited of Papua New Guinea) commenced operations on 6 July 1967 from an office in Port Moresby. [1] The Bank played a significant role in the economic development of the country immediately prior to and after it achieved independence on 16 September 1975.
The KfW, which together with its subsidiaries DEG, KfW IPEX-Bank and FuB forms the KfW Bankengruppe ("banking group"), is a German state-owned investment and development bank, based in Frankfurt. As of 2014, it is the world's largest national development bank [ 2 ] and as of 2018 Germany's third largest bank by balance sheet.
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