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National Development Bank
A national development bank is a development bank created by a country's government that provides financing for the purposes of economic development of the country. List of development banks Americas * 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 * Development Bank of Jamaica, Jamaica *Reconstruction Finance Corporation Europe * Development Bank of Austria * British Business Bank * Bank Gospodarstwa Krajowego (BGK) of Poland * Black Sea Trade and Development Bank * Banque publique d'investissement, Bpifrance * Bulgarian Development Bank * Caisse des Dépôts et Consignations * Cassa Depositi e Prestiti * Croatian Bank for Reconstruction and Development * Eurasian Development Bank *European Investment Bank * Hellenic Industrial Develo ...
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Development Bank
A development financial institution (DFI), also known as a development bank or development finance company (DFC), is a financial institution that provides risk capital for economic development projects on a non-commercial basis. , total commitments (as loans, equity, guarantees and debt securities) of the major regional, multilateral and bilateral DFIs totaled US$45 billion (US$21.3 billion of which went to support the private sector). Mandate DFIs can play a crucial role in financing private and public sector investments in developing countries, in the form of higher risk loans, equity positions, and guarantees.Dirk Willem te Velde and Michael Warner (2007Use of subsidies by Development Finance Institutions in the infrastructure sector Overseas Development Institute DFIs often provide finance to the private sector for investments that promote development and to help companies to invest, especially in countries with various restrictions on the market. Some development banks ...
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Bpifrance
''Banque publique d'investissement'' (literally ''renchPublic Investment Bank'', also known as Bpifrance, BPI Groupe S.A.) is a French public investment bank. It is a joint venture of two public entities: the Caisse des dépôts et consignations and EPIC BPI-Groupe, formerly EPIC OSEO. The former subsidiary of EPIC OSEO, OSEO S.A., became a subsidiary of Bpifrance known as Bpifrance Financement. The bank was directly supervised by the European Central Bank due to its size. Subsidiaries and minority interests *Bpifrance Financement S.A. (90%) (ex- OSEO S.A.) **Bpifrance Régions (99%) *Bpifrance Participations (100%) (ex-Fonds stratégique d'investissement) **Bpifrance Investissement (100%) (ex-CDC Entreprises) ** Orange S.A. (shared with APE as the largest shareholders (23.04%); the rest publicly floats) **FT1CI (79.2%, the rest owned by another French agency CEA) ***STMicroelectronics Holding (50%; joint venture with Italian government) ****STMicroelectronics (27.6% as the ...
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Strategic Banking Corporation Of Ireland
The Strategic Banking Corporation of Ireland (SBCI) is a National bank that was established in 2015 in the wake of the Irish banking crisis to provide finance for small and medium-sized businesses. At the time it was set up, many of Ireland's main banks were unable or unwilling to provide to businesses. The Strategic Banking Corporation of Ireland does not provide loans directly to businesses themselves, but instead provides finance to the main banks at low cost, with the idea that the money is then loaned on to business. As of 2016, the bank had provided €347m to small businesses. Its Chief executive A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ... is June Butler. References External links * Government agencies of the Republic of Ireland Government-owned companies o ...
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Slovenská Záručná A Rozvojová Banka
Slovenská záručná a rozvojová banka (Slovak Guarantee and Development Bank) is a specialised banking institution in Slovakia founded by the central body of state administration – the Ministry of Finance of the Slovak Republic. The bank has become the first bank in Eastern Europe to focus on the support of small and medium-sized enterprises. It started its activities on September 1991. Currently, the bank has 9 regional branches. Headquarters * Štefánikova 27, 814 99 Bratislava, Slovakia Slovakia (; sk, Slovensko ), officially the Slovak Republic ( sk, Slovenská republika, links=no ), is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the s ... References External links Slovak Guarantee and Development Bank official siteThe central bank of the Slovak Republic - List of Banks {{DEFAULTSORT:Slovenska zarucna a rozvojova banka Banks of Slovakia Banks established in 1991 199 ...
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Scottish National Investment Bank
The Scottish National Investment Bank is a Scottish state-owned investment and national development bank based in Edinburgh, Scotland. Although referred to as a bank, it does not do normal banking operations nor accepts deposits. The bank uses public money to fund commercial projects across Scotland with the hope that this seed capital will encourage further private investment, to help develop a fairer, more sustainable economy. £2 Billion of taxpayers money is earmarked for the bank. The bank is a public corporation, with the only shareholder being the Scottish Government. It reports to the Cabinet Secretary for Finance and the Economy. History The bank was announced in September 2017 in the First Minister Nicola Sturgeon's 2017 Programme for Government. Benny Higgins was appointed as a strategic adviser, to oversee the organisation launching. In February 2018 an implementation plan was launched. The Scottish National Investment Bank Act 2020 was passed by Parliament on 21 ...
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Norwegian Industrial And Regional Development Fund
Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe *Norwegians, both a nation and an ethnic group native to Norway *Demographics of Norway *The Norwegian language, including the two official written forms: **Bokmål, literally "book language", used by 85–90% of the population of Norway **Nynorsk, literally "New Norwegian", used by 10–15% of the population of Norway *The Norwegian Sea Norwegian or may also refer to: Norwegian *Norwegian Air Shuttle, an airline, trading as Norwegian ** Norwegian Long Haul, a defunct subsidiary of Norwegian Air Shuttle, flying long-haul flights *Norwegian Air Lines, a former airline, merged with Scandinavian Airlines in 1951 *Norwegian coupling, used for narrow-gauge railways *Norwegian Cruise Line, a cruise line *Norwegian Elkhound, a canine breed. *Norwegian Forest cat, a domestic feline breed *Norwegian Red, a breed of dairy cattle *Norwegian Township, Schuylkill County ...
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Institute For The Works Of Religion
The Institute for the Works of Religion ( it, Istituto per le Opere di Religione; la, Institutum pro Operibus Religionis; abbreviated IOR), commonly known as the Vatican Bank, is a financial institution situated inside Vatican City and run by a Board of Superintendence which reports to a Commission of Cardinals and the Pope. It is not a private bank, as there are no owners or shareholders, but it has been established in the form of a juridical canonical foundation, pursuant to its Statutes. Since 9 July 2014, its President is Jean-Baptiste de Franssu. The IOR is regulated by the Vatican's financial supervisory body AIF (''Autorità di Informazione Finanziaria''). The Institute was founded by papal decree of Pope Pius XII in June 1942. In June 2012, the IOR gave a first presentation of its operations. In July 2013, the Institute launched its own website. On 1 October 2013 it also published its first-ever annual report. On 24 June 2013, Pope Francis created a special investigati ...
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Instituto De Crédito Oficial
The Official Credit Institute (Spanish Spanish might refer to: * Items from or related to Spain: **Spaniards are a nation and ethnic group indigenous to Spain **Spanish language, spoken in Spain and many Latin American countries **Spanish cuisine Other places * Spanish, Ontario, Can ...; ''Instituto de Crédito Oficial'': ICO) is a Spanish lending institution. Its functions include funding investment projects and the assistance for the liquidity needs of Spanish companies. It also operates as State Financial Agency. A successor to the ''Instituto de Crédito a Medio y Largo Plazo'', the ICO was created in 1971 following the as public law entity (''entidad de derecho público''). Previously under the jurisdiction of the Ministry of Economy and Finance, it became a State company in 1989. The bank is currently attached to the Ministry of Economic Affairs and Digital Transformation through the . Presidents The presidents of the ICO are listed as follows: * Rafael Bermejo Bla ...
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Hungarian Development Bank
Hungarian Development Bank Private Limited Company or Hungarian Development Bank, in short ('' Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság'', ''Magyar Fejlesztési Bank'', in short) (MFB Zrt.), is a credit institution fully owned by the government of Hungary. Hungarian Development Bank (HDB)'s legal status, tasks, and scope of activities are defined in Act XX of 2001 (the MFB Act), its Memorandum of Association, and the strategy approved by the Hungarian Parliament and Government. Its core tasks include the provision of funding for growth under favorable terms and conditions to Hungarian enterprises, supporting the long-term development objectives of the state, and obtaining funds from money markets for these purposes. HDB has been receiving individual international credit ratings from Moody's Investors Service since 19 May 2003. History The legal predecessor of HDB was the Hungarian Investment and Development Co. (Magyar Befektetési és Fejleszté ...
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European Investment Bank
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the EU Member States. It is one of the largest supranational lenders in the world. The EIB finances and invests both through equity and debt solutions projects that achieve the policy aims of the European Union through loans, guarantees and technical assistance. The EIB focuses on the areas of climate, environment, small and medium sized enterprises (SMEs), development, cohesion and infrastructure. It has played a large role in providing finance during crises including the 2008 financial crash and the COVID-19 pandemic. Since its inception in 1958 the EIB has invested over one trillion euros. It primarily funds projects that "cannot be entirely financed by the various means available in the individual Member States". The EIB is one of the biggest financiers of green finance in the world. In 2007, the EIB became the first institution in the world to issue green bonds. In 2019 it comm ...
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Eurasian Development Bank
The Eurasian Development Bank (EDB) is an international financial institution investing in the development of the economies, trade and other economic ties, and integration in Eurasian countries. The EDB was founded in 2006 and is headquartered in Almaty, Kazakhstan. The Bank has a branch in St. Petersburg and representative offices in Nur-Sultan, Bishkek, Dushanbe, Yerevan, Minsk, and Moscow. History of the EDB The founding of the Eurasian Development Bank on 12 January 2006 was initiated by the Presidents of Russia and Kazakhstan. It began operating in June 2006. Armenia and Tajikistan joined the EDB in 2009, Belarus in 2010, and the Kyrgyz Republic in 2011. Other states and international organisations can become members by acceding to the Agreement Establishing the Bank. In January 2013, the Organisation for Economic Cooperation and Development recognised the EDB as a multilateral financial institution. Mission and strategy The EDB's mission is to promote market economies ...
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Croatian Bank For Reconstruction And Development
Croatian Bank for Reconstruction and Development ( hr, Hrvatska banka za obnovu i razvitak, HBOR) is Croatia's national development bank. Its task is the promotion of the development of the Croatian economy by extending loans, insuring export transactions against political and commercial risks, issuing guarantee Guarantee is a legal term more comprehensive and of higher import than either warranty or "security". It most commonly designates a private transaction by means of which one person, to obtain some trust, confidence or credit for another, engages ...s, and providing business advice. References External links * Banks of Croatia Organizations based in Zagreb Banks established in 1992 Government-owned companies of Croatia European investment banks Croatian companies established in 1992 National development banks {{Croatia-stub ...
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