Hostname: page-component-76fb5796d-dfsvx Total loading time: 0 Render date: 2024-04-28T04:19:57.827Z Has data issue: false hasContentIssue false
  • English
  • Français

International Bank for Reconstruction and Development

Published online by Cambridge University Press:  22 May 2009

Get access

Extract

A net profit of $3,162,980 was reported by the International Bank for Reconstruction and Development for the quarter ending September 30, 1949. This compared with a net profit of $2,317,723 for the first quarter of the preceding fiscal year. The net profit brought the total net excess of income over expenses since the Bank began operations to $16,804,074, exclusive of $9,409,734 accumulated in the Special Reserve Fund. Disbursements on loans during the quarter amounted to $15,149,903, making a total of loan disbursements to September 30, 1949 of $541,440,917 and there remained $136,159,083 to be disbursed on loans then in effect. During this time Denmark became the fourth country to make available for lending purposes a part of its 18 per cent currency subscription.

Type
International Organizations: Summary of Activities: II. Specialized Agencies
Information
International Organization , Volume 4 , Issue 1 , February 1950 , pp. 128 - 130
Copyright
Copyright © The IO Foundation 1950

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1 International Bank Press Release 156, October 31, 1949.

2 Ibid., 161, December 5, 1949.

3 Ibid., 149, September 29, 1949.

4 For summary of the first loan to India, see International Organization, III, p. 709.

5 International Bank Press Release 152, October 17, 1949.

6 Ibid., 150, October 11, 1949.

7 Ibid., 155, October 25, 1949.

8 Ibid., 159, December 2, 1949.