The surplus countries deposit money in their banks for "interest". Poor countries borrow money from their bank by paying "interest". That is the roof of terrorism and buying weapon for making war.
The following are usually classified as the main MDBs:
- World Bank
- European Investment Bank(EIB)
- Asian Development Bank (ADB)
- European Bank for Reconstruction and Development (EBRD)
- CAF - Development Bank of Latin America (CAF)
- Inter-American Development Bank Group (IDB, IADB)
- African Development Bank (AfDB)
- Islamic Development Bank (IsDB)
There are also several "sub-regional" multilateral development banks. Their membership typically includes only borrowing nations. The banks lend to their members, borrowing from the international capital markets. Because there is effectively shared responsibility for repayment, the banks can often borrow more cheaply than could any one member nation. These banks include:
- Caribbean Development Bank (CDB)
- Central American Bank for Economic Integration (CABEI)
- East African Development Bank (EADB)
- West African Development Bank (BOAD)
- Black Sea Trade and Development Bank (BSTDB)
- Eurasian Development Bank (EDB)
There are also several multilateral financial institutions (MFIs). MFIs are similar to MDBs but they are sometimes separated since they have more limited memberships and often focus on financing certain types of projects.
- European Commission (EC)
- International Finance Facility for Immunisation (IFFIm)
- International Fund for Agricultural Development (IFAD)
- Nordic Investment Bank (NIB)
- OPEC Fund for International Development (OPEC Fund)
- Nederlandse Financieringsmaatschappij voor Ontwikkelingslanden NV (FMO)
GATT General Agreement on Tariffs and Trade, basis for the creation of World Trade Organization (WTO) in 1995
List of development banks
The Americas[edit]
- Business Development Bank of Canada
- Brazilian Development Bank (BNDES)
- Banco de Desarrollo de El Salvador (BANDESAL), El Salvador
- Corporación Financiera de Desarrollo (Cofide), Peru
- Financiera de Desarrollo Territorial (FINDETER), Colombia
- Puerto Rico Government Development Bank
Europe
- Development Bank of Austria
- Banque publique d'investissement
- Bulgarian Development Bank
- Caisse des Dépôts et Consignations
- Cassa Depositi e Prestiti
- Croatian Bank for Reconstruction and Development
- Hellenic Industrial Development Bank
- Hungarian development bank
- Instituto de Credito Oficial
- Industrial Development Bank of Turkey
- KfW
- Norwegian Industrial and Regional Development Fund
- Vnesheconombank
Asia-Pacific
- Agricultural Development Bank of China
- China Development Bank
- Development Bank of Japan
- Development Bank of Kazakhstan
- Development Bank of Singapore
- Development Bank of the Philippines
- Bangladesh Development Bank
- Fiji Development Bank
- Industrial Bank of Kuwait
- Industrial Development Bank of India
- Japan Bank for International Cooperation
- Korea Development Bank
- National Development Bank of Sri Lanka
- Industrial Development Bank of Pakistan
- Qatar Development Bank
- Small Industries Development Bank of India
- National Development Bank of Papua New Guinea
Africa
- Development Bank of Southern Africa
- National Investment Bank Ghana
- Agricultural Development Bank of Ghana
- National Development Bank of Botswana
- Rwanda Development Bank
- Uganda Development Bank
- Banco Nacional de Investimento, Mozambique
The Financial Stability Board (FSB)
The following countries and organizations are listed as members of the FSB:[9]
- Organizations
- Bank for International Settlements
- European Central Bank
- European Commission
- International Monetary Fund
- Organisation for Economic Co-operation and Development
- The World Bank
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank,[1] is multilateral development bank operated by the BRICS states (Brazil, Russia,India, China and South Africa) as an alternative to the existing US-dominated World Bankand International Monetary Fund.
 | |
| Abbreviation | NDB |
|---|---|
| Formation | 15 July 2014 |
| Type | International Financial Institutions |
| Legal status | Treaty |
| Headquarters | Shanghai, China |
| Membership |  Brazil Russia India China South Africa |
| Official language | Chinese English Portuguese Russian 22 Official Languages of India |
| Affiliations | BRICS |
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