International Bank for Rural Industrialization (IBRI)
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Contact Details
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History
to be set up in Luxembourg within the framework of H-XD6350 - International Agency for Rural Industrialization (INARI), which sponsors the holding company.
Aims
Establish a commercially viable mechanism for financing South-South trade in non-traditional exports and for galvanizing North-South financial cooperation especially provision of foreign exchange facilities for these ventures; act as an economic stimulant for the development of rural communities in the Third World, correcting inadequacies in provision of medium- to long-term financing and facilitating mobilization of investment finance and other financial resources for local and foreign exchange components of small and medium scale rural industrial enterprises, especially in manufacturing, agro-allied enterprises and ancillary services; provide medium- to long-term loans to viable small and medium scale enterprises to encourage acceleration of productive activities; work out modalities for disbursing and ensuring recovery of loans and interest; act as executing agency in projects in which IBRI or IFRI has financial investments; take equity in such projects so as to ensure their viability and efficient management; promote international commerce and facilitate importers and exporters in increasing their existing market share and developing new markets.
Activities
Available with paid subscription only.Structure
Governing Council or Board, comprising international financiers, influential foundation shareholders, foundation promoters, Managing Directors of IBRI affiliate banks and IFRI world-wide; representatives of international development banks; representatives of INARI. Components: Corporate Banking; Foreign Exchange Facilities; Export Services; Corporate Finance.
Finance
Available with paid subscription only.Relations with Inter-Governmental Organizations
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Available with paid subscription only.Type II Classification
Available with paid subscription only.Subjects *
Available with paid subscription only.UN Sustainable Development Goals **
UIA Org ID
XF5212
Last News
1993
** UN SDGs are linked to the subject classification.
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