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International Bank for Reconstruction and Development

Published online by Cambridge University Press:  22 May 2009

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Extract

Net income of the International Bank for Reconstruction and Development for the six months ending December 31, 1952, was $7,639,743, compared with $8,071,486 for the same period of 1951; gross income, exclusive of loan commissions, was $20,696,715. Loan commissions totaling $4,536,682 were credited to the Special Reserve, increasing it to $32,221,336; the addition of net income to the Supplemental Reserve Against Losses on Loans and Guarantees brought the total of that reserve to $65,667,843. On December 31, 1952, total reserves of the Bank were $97,889,179.

Type
International Organizations: Summary of Activities: Specialized Agencies
Information
International Organization , Volume 7 , Issue 2 , May 1953 , pp. 267 - 269
Copyright
Copyright © The IO Foundation 1953

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References

1 International Bank Press Release 317, February 6, 1953.

2 For information on a previous loan to India in April, 1950, in connection with this project, see International Organization, IV, p. 481.

3 International Bank for Reconstruction and Development, Loan Number 72 IN, January 23, 1953.

4 Ibid., Loan Number 73 YU, February 11, 1953.

5 International Bank Press Release 322, March 11, 1953.

6 Ibid., 314, January 9, 1953.

7 Ibid., 316, January 30, 1953.

8 International Bank Press Release, March 6, 1953.

9 Ibid., 321, March 5, 1953.

10 United Nations, Bulletin, XIV, p. 146Google Scholar.

11 International Bank Press Release 318, February 6, 1953.

12 International Bank Press Release, January 15, 1953.