International Bank For Reconstruction And Development
International bank for reconstruction and development for official use only cg 95 29 from.
International bank for reconstruction and development. The international bank for reconstruction and development ibrd is a global development cooperative owned by 189 member countries. One of five closely associated development institutions also including the international center for settlement of investment disputes international finance corporation see below international development association see below. The international bank for reconstruction and development ibrd is an international financial institution established in 1944 and headquartered in washington d c united states that is the lending arm of world bank group the ibrd offers loans to middle income developing countries the ibrd is the first of five member institutions that compose the world bank group. The following table shows the subscriptions of the top 20 member countries of the world bank by voting power in the following world bank institutions as of december 2014 or march 2015.
International bank for reconstruction and development ibrd is a member of the world bank group. Ibrd bonds support the financing of a range of sustainable development projects and programs in member countries including health and wellbeing and more recently the country level response to detect and respond to covid 19. International bank for reconstruction and development ibrd main component organization of the world bank. Most of its funds come from sales of bonds in international capital markets.
The ibrd offers financial products and policy advice to countries aiming to. The international bank for reconstruction and development ibrd the international finance corporation ifc the international development association ida. Vice president and secretary may 3 1995 consultative group for haiti paris january 30 31 1995 chairman s report of proceedings 1. Attached is the chairman s report of proceedings of the meeting of the consultative group for.
As the largest development bank in the world it supports the world bank group s mission by providing loans guarantees risk management products and advisory services to middle income and creditworthy low income countries as well as by coordinating responses. The international bank of reconstruction and development ibrd is a development bank administered by the world bank.