Specialized Credit Institution-International
Specialized Credit Institution-International
Specialized Credit Institution-International
RAMEZ FAROOQ
JAFAR RAZA
MUHAMMAD NOAMAN
Presented to:
Sir Bilal Khan
INTERNATIONAL FINANCIAL
INSTITUTIONS:
International financial institutions(IFIs) arefinancial
institutionsthat have been established by more than one
country, and hence are subjects ofinternational laws. Their
owners or shareholders are generally national governments,
although other international institutionsand other
organizations occasionally figure as shareholders. The most
prominent IFIs are creations of multiple nations, although
some bilateral financial institutions exist and are technically
IFIs. Many of these are multilateral development
banks(MDB).
CREDIT INSTITUTIONS
International Monetary Funds (IMF)
International Bank for Reconstruction and
Development (IBRD)
International Finance Corporation (IFC)
International Development Association (IDA)
Multilateral Investment Guarantee Agency
(MIGA)
Islamic Development Bank (IDB)
Asian Development Bank (ADB)
INTERNATIONAL FINANCIAL
INSTITUTIONS:
Their common goal.
to reduce global poverty and improve people's
INTERNATIONAL
MONETARY FUND (IMF):
The International Monetary Fund was created in
1944, with a goal to stabilize exchange rates and
supervise the reconstruction of the worlds
international payment system.
1.Promote international monetary cooperation.
2.Shorten the duration and lessen the degree of
disequilibrium in the international balances of
payments of members.
3.Facilitate the expansion and balanced growth of
international trade.
4.Promote Exchange stability and maintain orderly
exchange arrangements among members.
5.Assist in establishing a multilateral system of
payments.
INTERNATIONAL
MONETARY FUND (IMF)
Functions
1.It works to foster global growth.
2.Economic stability by providing policy, advice and financing to members.
3.Working with developing nations to help them achieve macroeconomic stability.
4.By reducing poverty.
Board of Governers
24 Executive Directors make up Executive Board. The Executive Directors
represent all 188 member countries
ROLE OF INTERNATIONAL
MONETARY FUND:
INTERNATIONAL BANK
FOR RECONSTRUCTION
AND DEVELOPMET (IBRD):
1. The International Bank for Reconstruction and
2.
3.
4.
5.
6.
INTERNATIONAL BANK
FOR RECONSTRUCTION
AND DEVELOPMET (IBRD):
Functions
It works to foster global growth and
economic stability
by providing policy, advice and financing to
members.
,by working with developing nations to help them
achieve macroeconomic stability.
by reducing poverty.
Board of Governors
24 Executive Directors make up Executive Board.
The Executive Directors represent all 188 member
countries
INTERNATIONAL
FINANCE
CORPORATION (IFC):
1. The International Finance Corporation
INTERNATIONAL
FINANCE
CORPORATION (IFC):
Purpose is fulfilled by:
Investing in productive private enterprise in
association with private investors, and without
Government guarantees of repayment, in cases where
sufficient private capital is not available on reasonable
terms;
Serving as a Clearing House to bring together
investment opportunities, private capital and
experienced management;
Helping to stimulate the productive investment of
private capital, both domestic and foreign by helping in
development of local markets.
INTERNATIONAL
FINANCE
CORPORATION (IFC):
Administration and Management:
All power of the IFC is vested in the Board of
Governors and Alternate-Governors of the World Bank
who represent countries which are also members of
IFC.
The Board of Directors, composed of the Executive
Directors of the World Bank who represent countries
which are also members of IFC, supervises the conduct
of the general operations of IFC.
The President of the World Bank serves as exoffice Chairman of the Board of Directors of IFC. He is
appointed by the Board.
INTERNATIONAL
DEVELOPMENT
ASSOCIATION (IDA):
1. The International Development Association
INTERNATIONAL
DEVELOPMENT
ASSOCIATION (IDA):
The Articles of Agreement lay down the aims
as under:
to promote economic development;
to increase productivity, and thus raise the
INTERNATIONAL
DEVELOPMENT
ASSOCIATION (IDA):
The membership, confined to the member-countries
of the World Bank, has been divided into two groups:
Group (1)
consists of those countries which are more advanced
economically.
countries are the main contributors for IDA purposes
Group (2)
consists of less developed countries.
countries are eligible to receive IDA credits.
MULTILATERAL
INVESTMENT AND
GUARENTEE AGENCY
(MIGA):
1.
2.
3.
MULTILATERAL
INVESTMENT AND
GUARENTEE AGENCY
(MIGA):
MIGA works for achieving this
objective :
1.restrictions on currency conversion and
transfers,
2.
3.
4.
5.
6.
ASIAN DEVELOPMENT
BANK (ADB):
1. Regional development bank established on
22 August 1966.
2. Headquartered in Metro Manila, Philippines.
3. From 31 members at its establishment, ADB
now has 67 members, of which 48 are from
within Asia and the Pacific and 19 outside.
4. At the end of 2013, Japan holds the largest
proportion of shares at 15.67%. The United
States holds 15.56%, China holds 6.47%,
India holds 6.36%, and Australia holds
5.81%.
ITS STATED GOALS:
1- Promoting economic growth
2.Reducing poverty
3.Developing human resources
4.Improving the status of women
5.Protecting the environment
ASIAN DEVELOPMENT
BANK (ADB):
Members
ADB has 67 members (as of 2 February 2007): 48 members
from the Asian and Pacific Region, 19 members from Other
Regions. Notable non-members are Bahrain, Iran, Iraq,
Jordan, Kuwait, Lebanon, North Korea, Oman, Qatar, Saudi
Arabia, the United Arab Emirates, and Yemen. Names are as
recognized by ADB.
ASIAN DEVELOPMENT
BANK (ADB):
Name
Dates
Nationality
Takeshi Watanabe
19661972
Japan
Shiro Inoue
19721976
Japan
Taroichi Yoshida
19761981
Japan
Masao Fujioka
19811989
Japan
Kimimasa Tarumizu
19891993
Japan
Mitsuo Sato
19931999
Japan
Tadao Chino
19992005
Japan
Haruhiko Kuroda
20052013
Japan
Takehiko Nakao
2013
Japan
Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.
Alternative Proxies: