PRESENTED BY:NAINA GUPTA

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).

WHAT ARE INTERNATIONAL FINANCIAL INSTITUTIONS (IFIS)?World Bank Group (WBG):International Bank for Reconstruction and Development (IBRD)International Development Association (IDA)International Finance Corporation (IFC)Multilateral Investment Guarantee Agency (MIGA)International Centre for Settlement of Investment Disputes (ICSID)

International Monetary Fund (IMF)

Regional development banks, such as:African Development Bank (AFDB)Asian Development Bank (ADB)

CONTINUED..Inter-American Development Bank (IADB)Bank of the SouthEuropean Bank for Reconstruction and Development (EBRD)

Other regional financial institutions e.g. European Investment Bank (EIB)

Export Credit Agencies of individual country governments, such as:US Export Import Bank (EXIM)Japan External Trade OrganizationHermes Kreditversicherungs (Germany)

INTERNATIONAL FINANCIAL INSTITUTIONS:

Their common goal.

to reduce global poverty and improve people's living conditions and standards;to support sustainable economic, social and institutional development; andto promote regional cooperation and integration.

PLANS LED BY G-20 SUMMIT IN WASHINGTON D.C:World Bank Group (WBG)International Monetary Fund (IMF)European Bank for Reconstruction and Development (EBRD)Asian Development Bank (ADB)African Development Bank (AFDB)Inter-American Development Bank (IDB)

G20 leaders and delegates attend the Summit on Financial Markets and the World Economy Saturday at the National Building Museum in Washington, D.C. on November 15, 2008.

WORLD BANK GROUP:The term "World Bank" generally refers to just the IBRD and IDAThe World Bank's activities are focused ondeveloping countries, in fields such as human development, agriculture and rural development, environmental protection, infrastructure, andgovernance.

It is concerned with assisting its member countries to achieve sustained economic growth. It functions as an intermediary for the transfer of financial resources from the more developed to the less developed countries.

World Bank

Formation- 27 December 1945Type- International organizationLegalstatus- TreatyPurpose/focus- Economic development, povertyeliminationMembership- 187 countriesPresident- Robert Zoellick Jim Yong Kim(Elect)Mainorgan- Board of DirectorsWebsite- worldbank.org

ROLE OF WORLD BANK:FIGHTS POVERTY BY OFFERING DEVELOPMENTAL ASSISTANCE TO MIDDLE INCOME AND LOW INCOME COUNTRIES.GIVE LOANS AND OFFERS ADVICE AND TRAINING IN BOTH THE PRIVATE AND PUBLIC SECTORS.AIMS TO ELIMINATE POVERTY BY HELPING PEOPLE HELP THEMSELVES.THE WORLD BANK GROUP CREATED A NEW $1.2 BILLION RAPID FINANCING FACILITY- THE GLOBAL FOOD RESPONSE PROGRAM (GFRP)- IN MAY 2008 TO SPEED ASSISTANCE TO THE NEEDIEST COUNTRIES. GFRP HAS APPROVED AND BEGUN DISBURSING $200 MILLION IN 21 COUNTRIES.

INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMET (IBRD):1.The International Bank for Reconstruction and Development was established in 1945.2. It had 184 members.3. The IBRD is an international organization whose original mission was to finance the reconstruction of nations devastated by World War II.4. Now, its mission has expanded to fight poverty by means of financing states.5. Cumulative lending: $394 billion 6. Fiscal 2004 lending: $11 billion for87 new operations in33 countries

INTERNATIONAL DEVELOPMENT ASSOCIATION (IDA):1.The International Development Association was established in September 24, 1960.2. 165 Members is the part of the World Bank that helps the worlds poorest countries.3. IDA is responsible for providing long-term, interest-free loans to the world's 80 poorest countries, 39 of which are in Africa.4. Fiscal 2004 commitments: $9 billion for 158 new operations in62 countries

MULTILATERAL INVESTMENT AND GUARENTEE AGENCY (MIGA):The Multilateral Investment Guarantee Agency was established in 1988. It had165 members. Cumulative guarantees issued: $13.5 billion (Amounts include funds leveraged through the Cooperative Underwriting Program).Fiscal 2004 guarantees issued: $1.1 billion

INTERNATIONAL FINANCE CORPORATION (IFC):1. The International Finance Corporation was established in 1956.2. It had 176 members.3. Committed portfolio: $23.5 billion (includes $5.5 billion in syndicated loans).4. It promotes sustainable private sector investment in developing countries as a way to reduce poverty and improve people's lives.5. Fiscal 2004 commitments: $4.8 billion for 217 projects in 65 countries.

INTERNATIONAL CENTRE FOR THE SETTLEMENT OF INVESTMENT DISPUTES (ICSID):The International Centre for Settlement of Investment Disputes was established in 1966.It had 143 members.Total cases registered: 159It provides facilities for the conciliation and arbitration of investment disputes between member countries and individual investors. Fiscal 2004 cases registered:30

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.The IMF provides financial assistance to members to help them to correct balance of payments problems in a manner that promotes sustained growth.International Monetary Fund

Formation- Adopted: July 22, 1944 (67years ago) Entered into force: December 27, 1945Type- International Economic OrganizationHeadquarters- Washington, D.C.Membership- 1 nation (founding); 188 nations (to date)Officiallanguages- English, French, and SpanishManaging Director- Christine LagardeMainorgan- Board of GovernorsWebsite- www.imf.org

ROLE OF INTERNATIONAL MONETARY FUND:

BENEFITS TO INDIA BY IMF:

Freedom to Rupee

Membership of the World bank

Importance of India in international field

Technical advice and training

EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT (EBRD):

EBRD provide project financing for banks, industries and businesses, both new ventures and investments in existing companies. We also work with publicly owned companies.

Founded in 19911- Financial institution investing in public and private sectors2- Multinational shareholding: 60 countries, EIB and EU3- Operates in 27 countries of Central and Eastern Europe and the former Soviet Union)4- Institution with broader mandate: foster transition to market economy

ROLE OF EUROPEAN BANKS FOR RECONSTRUCTION AND DEVELOPMENT:Structuring the financing of municipal infrastructure, equipment and services Promote commercialization and corporatization of services Development of regulatory structures Promotion of appropriate private sector involvement Environmental improvement Facilitate EU grant and commercial loan co-financing

EBRD assists in developing municipal creditworthiness and improving budgetary and fiscal practice EBRD mobilizes financing for municipal advisory services Support in project appraisal and transaction structuring Provide most appropriate financing structure from a wide array of financial instruments Mobilization of co-financing and syndication

ASIAN DEVELOPMENT BANK (ADB):TheAsian Development Bank(ADB) is aregional development bank established to facilitate economic development of countries in Asia.

ITS STATED GOALS:1- Promoting economic growth2.Reducing poverty 3.Developing human resources 4.Improving the status of women 5.Protecting the environment

The Bank's operations cover a wide spectrum of activities and have been classified according to the following sectors: 1.Agriculture and natural resources 2.Transport and communications3.Energy4.Industry and non-fuel minerals5.Finance6.SocialinfrastructureAsian Development Bank

Motto- Fighting poverty in Asia and the PacificFormation- 22 August 1966Type- Regional organizationLegal status- TreatyPurpose/focus- CreditingHeadquarters- Mandaluyong City,Metro Manila,PhilippinesRegionserved- Asia-PacificMembership- 67 countriesPresident- Haruhiko KurodaMainorgan- Board of DirectorsStaff- 2,500+Website- http://www.adb.org

ROLE OF ASIAN DEVELOPMENT BANK:1- Provides loans and equity investments to its developing member countries2- Provides technical assistance for the planning and execution of development projects and programs and for advisory services 3-Promotes and facilitates investment of public and private capital for development 4-Assists in coordinating development policies and plans of its DMCs

AFRICAN DEVELOPMENT BANK (AFDB):

Established in 1964 with a mandate to promote economic and social development in Africa, the African Development Bank is a regional multilateral development finance institution comprising the African Development Bank, the African Development Fund, and the Nigeria Trust Fund. The opacity of its operations and its emphasis on major regional infrastructure projects have generated concern among African and international civil society.African Development Bank

FormationAugust 4, 1963TypeInternational organizationLegalstatusTreatyPurpose/focusRegional developmentMembership78 countriesPresidentDonald KaberukaMainorganBoard of Executive DirectorsWebsitehttp://www.afdb.org

ROLE OF AFRICAN DEVELOPMENT BANK:

The main role of the African Development Bank is to help the development of countries in Africa by making loans and equity investments in various projects and programs.African Development Bank also provides technical assistance on development projects.African Development Bank helps in coordinating the development projects of the various countries involved.

INTER-AMERICAN DEVELOPMENT BANK (IDB):TheInter-American Development Bankwas founded in 1959. The IDB has 48 member countries, including 26 Latin American and Caribbean borrowing members.The bank supports efforts byLatin America and the Caribbeancountries to reducePovertyandInequalityand is thelargest source of development financing in this area, besides loans,grants areprovidedas well astechnical assistance and do research. The IDBhasa strong commitment to achieve measurable results, increased integrity, transparency and accountability.

Inter-American Development Bank

TypeInternational organizationHeadquartersWashington, DCMembership48 countriesOfficiallanguagesEnglish, Spanish, French, PortuguesePresidentLuis Alberto MorenoMainorganBoard of GovernorsStaffAbout 2,000Websiteiadb.org

ROLE OF INTER-AMERICAN DEVELOPMENT BANK:1- Using its lending operations, regional initiatives, research and knowledge dissemination activities, institutes, and programs, the IDB helps to foster sustainable economic and social development in Latin America and the Caribbean.2- Through its financing, the Bank prioritizes poverty reduction and social equity, environmentally sustainable growth, modernization of the state, and regional integration.3- IDB has the following main areas of action:Reducing poverty and social inequalities;Addressing the needs of small and vulnerable countries;Fostering development through the private sector;Addressing climate change, renewable energy and environmental sustainability; andPromoting regional cooperation and integration.

THANK YOU FOR YOUR KIND ATTENTION