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The International Bank for Reconstruction and Development (IBRD) is an international financial institution, established in 1944 and headquartered in Washington, D.C., United States; it is the lending arm of World Bank Group. The IBRD offers loans to middle-income developing countries. It is the first of five member institutions that compose the ...
The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start ...
Together with four affiliated agencies created between 1957 and 1988, the IBRD is part of the World Bank Group. The group's headquarters are in Washington, D.C. It is an international organization owned by member governments; although it makes profits, they are used to support continued efforts in poverty reduction. [15]
The 10 countries with the greatest influence at the World Bank are listed here, calculated by the percentage of votes each holds for the bank’s three main lending arms: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA) and the International Finance Corporation (IFC).
International Bank for Reconstruction and Development, one of the two lending arms traditionally considered to be the World Bank. Typically lends to middle-income governments, also some creditworthy low-income countries. Founded in 1944. FY 2014 commitments $18.6 billion. Lends at market rate. Guarantees loans
International Bank for Reconstruction and Development, one of the two lending arms traditionally considered to be the World Bank. Typically lends to middle-income governments, also some creditworthy low-income countries. Founded in 1944. FY 2014 commitments $18.6 billion. Lends at market rate. Guarantees loans
Singapore officially joined the International Bank for Reconstruction and Development (IBRD) on August 3, 1966 [1] after Singapore's independence from Malaysia. By 1975, Singapore received 14 total loans from the World Bank, 10 of these loans were used exclusively for infrastructure projects.
International Bank for Reconstruction and Development, one of the two lending arms traditionally considered to be the World Bank. Typically lends to middle-income governments, also some creditworthy low-income countries. Founded in 1944. FY 2014 commitments $18.6 billion. Lends at market rate. Guarantees loans