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International Bank for Reconstruction and Development |
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International Bank for Reconstruction and Development (IBRD) IBRD or World Bank makes loans at nearly conventional terms to countries for projects of high economic priority. International Bank for Reconstruction and Development (IBRD) Also commonly called the World Bank. It is a United Nations affiliated institution that assists in the development of its poorer members by facilitating private investments, and by making and guaranteeing loans. International Bank for Reconstruction and Development A division of the World Bank that provides loans to governments and public organizations in developing countries in order to alleviate poverty. Founded in 1946, it was established to rebuild Europe and Asia after World War II. It loans money for infrastructural, business, and environmental development worldwide. It charges developing countries low interest rates, raising its funds from bonds issued to governments and institutions. See also: International Monetary Fund. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The bridge financing consisted of short-term credits extended until credits became available from the IMF, the International Bank for Reconstruction and Development, and other sources. The notes are supported by the International Bank for Reconstruction and Development (World Bank) rolling guarantee of principal and interest for a one-year period. Provides the International Bank for Reconstruction and Development |
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