International Bank for Reconstruction and Development

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Related to International Bank of Reconstruction and Development: International Development Association, The World Bank Group

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.

International Bank for Reconstruction and Development

see WORLD BANK.

International Bank for Reconstruction and Development

see WORLD BANK.
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