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What are some examples of development banks?

An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence are subjects of international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders. The most prominent IFIs are creations of multiple nations, although some bilateral financial institutions (created by two countries) exist and are technically IFIs. The best known IFIs were established after World War II to assist in the reconstruction of Europe and provide mechanisms for international cooperation in managing the global financial system.Today, the world's largest IFI is the European Investment Bank,[1]with a balance sheet size of €573 billion in 2016.[2]This compares to the two components of the World Bank, the IBRD (assets of $358 billion in 2014)[3]and the IDA (assets of $183 billion in 2014).[3]For comparison, the largest commercial banks each have assets of c.$2,000-3,000 billion.Contents[hide]1Types1.1Multilateral development banks1.2Bretton Woods institutions1.3Regional development banks1.4Bilateral development banks and agencies1.5Other regional financial institutions2See also3References4External linksTypes[edit]Multilateral development banks[edit]This article duplicates the scope of other articles. Please discuss this issue on the talk page and edit it to conform with Wikipedia's Manual of Style.(June 2013)A multilateral development bank (MDB) is an institution, created by a group of countries, that provides financing and professional advising for the purpose of development. MDBs have large memberships including both developed donor countries and developing borrower countries. MDBs finance projects in the form of long-term loans at market rates, very-long-term loans (also known as credits) below market rates, and through grants.The following are usually classified as the main MDBs:World BankInternational Fund for Agricultural Development (IFAD)European Investment Bank (EIB)Islamic Development Bank (IsDB)Asian Development Bank (ADB)European Bank for Reconstruction and Development (EBRD)CAF - Development Bank of Latin America (CAF)Inter-American Development Bank Group (IDB, IADB)African Development Bank (AfDB)Asian Infrastructure Investment Bank (AIIB)There are also several "sub-regional" multilateral development banks. Their membership typically includes only borrowing nations. The banks lend to their members, borrowing from the international capital markets. Because there is effectively shared responsibility for repayment, the banks can often borrow more cheaply than could any one member nation. These banks include:Caribbean Development Bank (CDB)Central American Bank for Economic Integration (CABEI)East African Development Bank (EADB)West African Development Bank (BOAD)Black Sea Trade and Development Bank (BSTDB)Economic Cooperation Organization Trade and Development Bank (ETDB)Eurasian Development Bank (EDB)New Development Bank (NDB) (formerly BRICS Development Bank)There are also several multilateral financial institutions (MFIs). MFIs are similar to MDBs but they are sometimes separated since they have more limited memberships and often focus on financing certain types of projects.European Commission (EC)International Finance Facility for Immunisation (IFFIm)International Fund for Agricultural Development (IFAD)Nordic Investment Bank (NIB)OPEC Fund for International Development (OFID)Nederlandse Financieringsmaatschappij voor Ontwikkelingslanden NV (FMO)International Investment Bank (IIB)Arab Bank for Economic Development in Africa (BADEA)Bretton Woods institutions[edit]Main article: Bretton Woods systemThe best-known IFIs were established after World War II to assist in the reconstruction of Europe and provide mechanisms for international cooperation in managing the global financial system . They include the World Bank, the IMF, and the International Finance Corporation. Today the largest IFI in the world is the European Investment Bank which lent 61 billion euros to global projects in 2011.FoundedNamewww AddressNotesHQ1944IMF International Monetary Fundhttp://www.imf.orgSpecialised agency of the UNWashington, DC1944IBRD International Bank for Reconstruction and Developmenthttp://www.worldbank.orgWorld Bank Group, Specialised agency of the UNWashington, DC1956IFC International Finance Corporationhttp://www.ifc.orgWorld Bank GroupWashington, DC1960IDA International Development Association Bank GroupWashington, DC1966ICSID, International Centre for Settlement of Investment Disputes Bank GroupWashington, DC1988MIGA Multilateral Investment Guarantee Agencyhttp://www.miga.orgWorld Bank GroupWashington, DC30/10/47GATT General Agreement on Tariffs and Trade, basis for the creation of World Trade Organization (WTO) in 1995 http://wto.orgThe GATT is not an organisation. The WTO is not a United Nations agencyGeneva for the WTORegional development banks[edit]The regional development banks consist of several regional institutions that have functions similar to the World Bank group's activities, but with particular focus on a specific region. Shareholders usually consist of the regional countries plus the major donor countries. The best-known of these regional banks cover regions that roughly correspond to United Nations regional groupings, including the Inter-American Development Bank, the Asian Development Bank; the African Development Bank; the Central American Bank for Economic Integration; and the European Bank for Reconstruction and Development. The Islamic Development Bank is among the leading multilateral development banks. IsDB is the only multilateral development bank after the World Bank that is global in terms of its membership. 56 member countries of IsDB are spread over Asia, Africa, Europe and Latin America.FoundedNamewww AddressNotesHQ1959IDB Interamerican Development Bankhttp://www.IADB.orgWorks in the Americas, but primarily for development in Latin America and the CaribbeanWashington1960CABEI Central American Bank for Economic Integrationhttp://www.cabei.orgCentral AmericaTegucigalpa1964AFDB African Development Bankhttp://www.afdb.orgAfricaAbidjan1973IsDB Islamic Development Bank Grouphttp://www.isdb.org56 countries in Asia, Africa, Europe, and Latin AmericaJeddah1966ADB Asian Development Bankhttp://www.adb.orgAsiaManila1970CAF Development Bank of Latin Americahttp://www.caf.comLatin AmericaCaracas29/5/91EBRD European Bank for Reconstruction and Developmenthttp://www.ebrd.comLondon16/4/56CEB Council of Europe Development Bankhttp://www.coebank.orgCoordinated organisationParis14/11/73BOAD Banque ouest-africaine de développement West African Development Bankhttp://www.boad.orgUnion économique et monétaire ouest-africaine, Cf.BCEAOBanque centrale des États de l'Afrique de l'OuestLomé1975BDEAC Banque de developpement des États de l'Afrique centrale, Development Bank of Central African Stateshttp://www.bdeac.orgCommunauté économique et monétaire de l'Afrique centrale (CEMAC). Not to be confused with BEAC Banque des États de l’Afrique centraleBrazzaville, CongoBilateral development banks and agencies[edit]A bilateral development bank is a financial institution set up by one individual country to finance development projects in a developing country and its emerging market, hence the term bilateral, as opposed to multilateral. Examples include:the Netherlands Development Finance Company FMO,[4] headquarters in The Hague; one of the largest bilateral development banks worldwide.the DEG German Investment Corporation or Deutsche Investitions- und Entwicklungsgesellschaft,[5] headquartered in Köln, Germany.the French Development Agency,[6] and Caisse des dépôts, founded 1816, both headquartered in Paris, France.the CDC Group,[7] is a development finance institution owned by the UK Government headquartered in London.Other regional financial institutions[edit]Financial institutions of neighboring countries established themselves internationally to pursue and finance activities in areas of mutual interest; most of them are central banks, followed by development and investment banks. The table below lists some of them in chronological order of when they were founded or listed as functioning as a legal entity. Some institutions were conceived and started working informally 2 decades before their legal inception (e.g. the South East Asian Central Banks Centre)FoundedNamewww AddressNotesHQ17/5/1930BIS Bank of International Settlementshttp://www.bis.orgThe bank of all central banks, 60 membersBasle, Basel, Bâle1958EIB European Investment Bankhttp://www.eib.orgCreated by European Union member states to provide long-term finance, mainly in the EULuxembourg2/15/1965AACB African Association of Central Banks, ABCA Association des Banques Centrales Africaines of 40 African central banksDakar, Senegal.10/7/1970IIB International Investment Bankhttp://www.iib.intConsists of 9 member countries from 3 continentsMoscow, Russia8/1976NIB Nordic Investment Bank[8]http://www.nib.intLending operations in its 8 member countries and emerging markets on all continents.[9]Helsinki, Finland3/2/1982SEACEN South East Asian Central Banks Centrehttp://www.seacen.org19 Asian central banksKuala Lumpur, Malaysia24/1/1997BSTDB Black Sea Trade and Development Bankhttp://www.bstdb.org11 member countries,corresponding to the Organization of the Black Sea Economic CooperationThessaloniki, Greece1998ECB European Central Bankhttp://www.ecb.intCentral bank of 18 EU countries that have adopted the euroFrankfurt am MainSee also[edit]Sustainable development portalNational development bankClimate Investment FundsDevelopment finance institutionFinancial Stability BoardGlobal financial systemReferences[edit]Jump up^ Maartje van Putten (2008-11-20). Policing the Banks: Accountability Mechanisms for the Financial Sector. Google Books. p. 146. Retrieved 2016-08-01.Jump up^ EIB annual report, 2016^ Jump up to:a b "Archived copy" (PDF). Archived from the original (PDF) on 2015-03-21. Retrieved 2015-02-28.Jump up^ "Archived copy". Archived from the original on 2011-09-05. Retrieved 2011-06-04.Jump up^ "Homepage". Retrieved 2017-04-24.Jump up^ "Home". Retrieved 2016-08-01.Jump up^ "Home". Retrieved 2017-09-11. External link in |website= (help)Jump up^ "Nordic Investment Bank". Retrieved 2016-08-01.Jump up^ "Nordic Investment Bank - About NIB". Retrieved 2016-08-01.External links[edit]Bank Information CenterWorld Bank page describing MDBsEconomy portalCategories:International economic organizationsInternational finance institutionsSupranational banksInternational developmentBanksMultilateral development banksNavigation menuNot logged inTalkContributionsCreate accountLog inArticleTalkReadEditView historySearchMain pageContentsFeatured contentCurrent eventsRandom articleDonate to WikipediaWikipedia storeInteractionHelpAbout WikipediaCommunity portalRecent changesContact pageToolsWhat links hereRelated changesUpload fileSpecial pagesPermanent linkPage informationWikidata itemCite this pagePrint/exportCreate a bookDownload as PDFPrintable versionLanguagesالعربيةБеларускаяБългарскиDeutschEspañolFrançaisBahasa Indonesia日本語РусскийEdit linksThis page was last edited on 15 February 2018, at 22:19.

What do I need to prepare an emergency kit?

Build A KitAfter a crisis, you may need to get by all alone for a few days. Being readied implies having your own food, water and different supplies to keep going for a few days. A fiasco supplies unit is an assortment of essential things your family may require in case of a crisis.Ensure your survival pack is loaded with the things on the agenda beneath. The vast majority of the things are modest and simple to discover and any of them could spare your life. Made a beeline for the store? Download a printable form to take with you. When you investigate the fundamental things consider what special needs your family may have, for example, supplies for pets or seniors.Essential Disaster Supplies KitTo gather your pack store things in impenetrable plastic sacks and put your whole catastrophe supplies unit in a couple of simple to-convey holders, for example, plastic receptacles or a duffel sack.An essential crisis flexibly pack could incorporate the accompanying suggested things:Water (one gallon for each individual every day for at any rate three days, for drinking and sterilization)Food (in any event a three-day flexibly of durable food)Battery-fueled or hand wrench radio and a NOAA Weather Radio with tone alertElectric lampMedical aid unitAdditional batteriesWhistle (to flag for help)Residue veil (to help channel defiled air)Plastic sheeting and pipe tape (to protect set up)Soggy towelettes, trash containers and plastic ties (for individual disinfection)Wrench or pincers (to kill utilities)Manual can opener (for food)Neighborhood mapsPDA with chargers and a reinforcement batteryDownload the Recommended Supplies List (PDF)Extra Emergency SuppliesSince Spring of 2020, the CDC has suggested individuals remember extra things for their packs to help forestall the spread of Covid or different infections and influenza.Consider adding the accompanying things to your crisis gracefully unit dependent on your individual needs:Material face covers (for everybody ages 2 or more), cleanser, hand sanitizer, purifying wipes to sterilize surfacesPhysician recommended medsNon-physician recommended meds, for example, torment relievers, hostile to loose bowels medicine, stomach settling agents or purgativesRemedy eyeglasses and contact focal point arrangementNewborn child equation, bottles, diapers, wipes and diaper rash creamPet food and additional water for your petMoney or secured checksSignificant family reports, for example, duplicates of protection strategies, recognizable proof and financial balance records spared electronically or in a waterproof, versatile compartmentCamping bed or warm cover for every individualComplete difference in garments fitting for your atmosphere and tough shoesFire douserMatches in a waterproof holderFemale supplies and individual cleanliness thingsWreck units, paper cups, plates, paper towels and plastic utensilsPaper and pencilBooks, games, puzzles or different exercises for kids

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