International Bank for Reconstruction and Development


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Related to International Bank for Reconstruction and Development: International Development Association, Multilateral Investment Guarantee Agency

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.
References in periodicals archive ?
Founded in 1944, the World Bank Group consists of five closely associated institutions: the International Bank for Reconstruction and Development (IBRD); the International Development Association (IDA); the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID).
Founded in 1944, the World Bank Group consists of five closely associated institutions: the International Bank for Reconstruction and Development (IBRD); International Development Association (IDA); International Finance Corporation (IFC); Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes(ICSID).
FGN has received a loan from International Bank for Reconstruction and Development (IBRD) towards the cost of the development finance project.
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