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International Bank for Reconstruction and Development

Published online by Cambridge University Press:  22 May 2009

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Extract

Released on April 30, 1951 the financial statements of the International Bank for Reconstruction and Development showed the net income for the nine months ending March 31, 1951 to be $11,483,230. This amount was placed in the General Reserve against losses on loans and guarantees, thus increasing this reserve to $38,481,500. Gross income for the period amounted to $20,567,359 after deducting loan commissions of $4,723,859 which were allocated to the special reserve.

Type
International Organizations: Summary of Activities II. Specialized Agencies
Information
International Organization , Volume 5 , Issue 3 , August 1951 , pp. 593 - 596
Copyright
Copyright © The IO Foundation 1951

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References

1 International Bank Press Release 242, April 30, 1951.

2 Ibid., 243, May 8, 1951.

3 Ibid., 244, May 17, 1951.

4 Ibid., 245, May 24, 1951.

5 International Financial News Survey, May 25, 1951.

6 International Financial News Survey, May 25, 1951.

7 Ibid., 248, June 8, 1951.

8 Ibid., 250, June 20, 1951.

9 Ibid., 246, May 26, 1951.

10 Ibid., 249, June 18, 1951.

11 Ibid., 251, June 20, 1951.

12 Ibid., 247, June 5, 1951.