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THE FIVE MULTILATERAL DEVELOPMENT BANKS - MDBs

      The following are the five multilateral development banks (MDBs), of which the World Bank dominates project lending. The World Bank's fiscal year (FY) runs from July 1 through June 30, so that FY 2008 is from July 1, 2007 to June 30, 2008. The FY of all the regional MDBs is the calendar year.

      To go to the websites of each MDB, click on the green buttons below. To return to this page from the websites, click on the back button of your browser.

       Established in 1945 to promote economic and social progress in all developing nations by helping raise productivity so that their people may live a better and fuller life.  It approved $23.6 billion in loans, credits and grants in FY 2006 and $24.7 billion in FY 2007 (FY 2008 is July 1, 2007 – June 30, 2008). It's owned by 185 member governments.  Located in Washington, DC, USA, with offices in most member countries. For lending details, click here.   

       Established in 1966, has 77 members, of which 53 are regional -- 64% of Bank voting  power (Nigeria holds 10.2%), and 24 non-regional -- 36%  (US holds 5.9%, Japan 4.9%).  Lending in FY 2006 was equivalent to $3.9 billion.  Country operations organized in five groups of West, Central, East, North, and South.  HQ in Abidjan, Cote d' Ivoire, but currently located in Tunis Belvedere, Tunisia. For lending details, click here.

      Established  in 1966, has 67 members, of which 48 are regional with 65% of Bank voting rights (of which Japan has 12.9%), and 19 non-regional with 35 % (US holds 12.9%)Lending in FY 2007 was $10.1 billion.  Country operations organized in five regional groups – East and Central Asia, Southeast Asia, Mekong Region, South Asia, and Pacific.  Located in Manila, Philippines. For lending details, click here.

     Began in 1991 to "foster transition" in Eastern Europe.  Operates in 29 countries. Has 61 members (US 10%; France, Italy, Germany, UK, Japan 8.5% each). Mongolia has applied. Its lending in FY 2006 was equivalent to $6.5 billion. In FY 2006, 80% of loans went to private projects. Three country and three business groups.  Located in London, England. For lending details, click here.

      Established in 1959, has 47 members, including 26 regional borrowing members -- 51.5% of Bank voting rights (Argentina and Brazil 11.07% each),  and 20 non-regional  -- 48.5% (US has 31.8%).  Lending in FY 2006 was $6.4 billion.  Traditionally the most decentralized of MDBs.  Country operations organized into three regional operational groups.  Located in Washington, DC, USA. For lending details, click here.

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Last updated April 24, 2008