Bank For Reconstruction And Development. The IBRD advises countries that are interested in limiting poverty and enabling sustainable development. Welles urged preparatory consultation aimed at the establishment of agencies to finance reconstruction and development of the world.
Objectives of the World Bank →. → To provide long run capital to member countries for economic reconstruction and development. Its main focus is on providing financing and economic policy advice to help the leaders of middle-income countries. By The European Bank for Reconstruction and Development (EBRD).
European Bank for Reconstruction and Development.
The Bank provides personal banking, business banking, trust and estate services, brokerage and wealth management services in Russia.
The largest shareholders of the Bank are the United States, France, Japan, Germany, Great Britain and Italy. The Bank's mission evolved from a facilitator of post-war reconstruction and development to its present day mandate of worldwide poverty alleviation, social sector funding and comprehensive development framework. All the bank's powers are vested in the Board of Governors which delegates the major tasks to a resident Board of Directors, being responsible for the direction of the bank's general operations and policies.