development bank teriminin İngilizce İngilizce sözlükte anlamı
A development bank is a bank that provides money for projects in poor countries or areas. National or regional financial institution designed to provide medium-and long-term capital for productive investment. Such investment is usually accompanied by technical assistance. Some development banks are government-owned and -operated, while others are private. Many have been established under the auspices of the World Bank. Among the largest are the Inter-American Development Bank, the Asian Development Bank, and the African Development Bank
international organization founded in 1959 by 20 governments in North and South America to finance economic and social development in the Western Hemisphere. The largest charter subscribers were Argentina, Brazil, Mexico, Venezuela, and the U.S. Subscribers now include nearly 30 countries in North and South America and more than 15 countries in Europe, as well as Japan and Israel. The IDB group also includes the Inter-American Investment Corp. and the Multilateral Investment Fund. It is headquartered in Washington, D.C
Main component organization of the World Bank. The IBRD lends money to middle-income and creditworthy poorer countries. Most of its funds come from sales of bonds in international capital markets. More than 180 countries are members of the IBRD. Each member's voting power is linked to its capital subscription; the U.S., with some one-sixth of the shares in the IBRD, has veto power over any proposed changes to the bank. See also International Monetary Fund; United Nations Development Programme