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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 2011 is from July 1, 2010 to June 30, 2011. The FY of all
the regional MDBs is the calendar year. In fiscal 2009, collectively
these five MDBs committed $99.6 billion to projects in developing
countries.
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 $46.9
billion in loans, credits and grants in FY 2009 (FY 2011 is July 1, 2010 – June 30, 2011). It's owned by 187
member governments. Located in Washington, DC, USA, with offices
in most member countries. For lending details,
click here.
Established in 1966,
has 78 members, of which 53 are regional -- 64% of Bank voting power (Nigeria holds 10.2%),
and 25
non-regional (now including Turkey)-- 36% (US holds 5.9%, Japan 4.9%). Lending in
FY 2009 was
equivalent to $12.7 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 2009 was $13.2
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
including Mongolia.
Has
61 members (US 10%; France, Italy, Germany, UK, Japan 8.5% each). Its lending in FY 2009 was equivalent to $11.3 billion.
Some 80 - 90 percent
of loans go 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 2009
was $15.5 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 September 8, 2010 |
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