development bank

listen to the pronunciation of development bank
English - Turkish
kalkınma bankası

Related Terms

development banks
(Ticaret) kalkınma bankaları
european bank of reconstruction and development
(Avrupa Birliği) (EBRD) Avrupa İmar ve Kalkınma Bankası
English - English
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
bank whose purpose is to offer assistance to new and developing businesses

Related Terms

Inter-American 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
International Bank for Reconstruction and Development
World Bank, organization that promotes development in third world nations (by loaning money, promoting foreign investment, etc.)
International Bank for Reconstruction and Development
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
international bank for reconstruction and development
a United Nations agency created to assist developing nations by loans guaranteed by member governments
development bank

    Hyphenation

    de·ve·lop·ment bank

    Turkish pronunciation

    dîvelıpmınt bängk

    Pronunciation

    /dəˈveləpmənt ˈbaɴɢk/ /dɪˈvɛləpmənt ˈbæŋk/
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