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International Bank may refer to: International Bank for Reconstruction and Development, an international financial institution belonging to the World Bank, formed in 1944; International Bank of Commerce, a bank in Texas, founded in 1966; International Bank (Liberia), a Liberian bank created in 1960; International Bank of Azerbaijan, a global ...
List of international financial institutions: . African Development Bank; Asian Development Bank; Asian Infrastructure Investment Bank; Bank for International Settlements; Black Sea Trade and Development Bank
An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders.
An International Banking Facility (IBF) is a separate account established by a U.S. bank, or a US branch/subsidiary of a foreign bank, or an Edge Act Corporation in the United States to offer services to only non-US residents and institutions. The services offered include deposit and loan services.
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The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start ...
Offshore banking constitutes a sizable portion of the international financial system. Some experts believe that as much as half the world's capital flows through offshore centers. OFCs are said to have 1.2% of the world's population and hold 26% of the world's wealth, including 31% of the net profits of United States multinationals .
Former World Bank Chief Economist and former chairman of the U.S. Council of Economic Advisers Joseph E. Stiglitz referred in the late 1990s to a growing consensus that something is wrong with a system having the capacity to impose high costs on a great number of people who are hardly even participants in international financial markets ...