International Bank for Reconstruction and Development
Lending arm of the World Bank
Follow International Bank for Reconstruction and Development on Notably News to receive short updates to your email — rarely!
| 2019 | IBRD reported $23.2 billion in lending commitments for 100 projects in fiscal year 2019, with the top 10 borrowers being India, Indonesia, Jordan, Egypt, Argentina, China, Morocco, Turkey, Ukraine and Colombia, with Public Administration being the most supported sector. |
| 2019 | The IBRD raised US$54.0 billion worth of capital through bonds issued in 27 different currencies. It also transferred $259 million to the IDA from its excess income. |
| April 9 2019 | United States President Donald Trump nominated David Malpass as the World Bank Group's president, despite Malpass being critical of the IBRD's role. |
| December 2017 | The World Bank Group established an official office in Santiago, Chile, expanding its direct presence in the country. |
| 2016 | The Asian Infrastructure Investment Bank and BRICs New Development Bank began operations, expanding the global MDB landscape. |
| October 2015 | By October, the World Bank Group was the only 'global institution' among more than 20 operational multilateral development banks (MDBs) worldwide. |
| 2014 | India became ineligible for International Development Association (IDA) financial support after exceeding the GDP per person threshold of US$1,145. |
| March 2012 | Using its AAA credit rating to sell bonds at interest rates close to U.S. Treasury bonds, loaning money to developing nations like China and Brazil. |
| 2011 | The IBRD loaned approximately US$26 billion, which was a small fraction compared to the IMF's $72 billion credit line to Mexico. |
| 2011 | Raised US$29 billion in capital through bond issues in 26 different currencies, and reported lending commitments of $26.7 billion to 132 projects globally. |
This contents of the box above is based on material from the Wikipedia articles Chile and the World Bank & International Bank for Reconstruction and Development, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.