Professional Documents
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Headquarters :- Washington, DC
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1. Reconstruction work
2.Reduce poverty
3.Reduce illiteracy
4.Reduce disease
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G
motal member countries in each
institution::
institution
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1. Bank can grant 20% of paid up capital to a
member country
2. Loan to private investors but permission from the
countries where the amount is to be collected and
whose currency is given in loan is required. Bank
charges 1-2 % as service charge
3. Quantum, Interest rate, terms and conditions of
loan are determined by bank
4. Generally, loan is granted for a specific project
submitted
5. Loan to be repaid either in reserve currencies or in
the currency in which loan was granted
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