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International Bank for Reconstruction and Development

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  • Anonymous

Abstract

The International Bank for Reconstruction and Development made three loans during the period under review. On December 20, 1956, it was announced that a loan equivalent to $20 million had been made to the Indian Iron and Steel Company, Ltd. (IISCO), a privately-owned indian company, to help finance additional rolling capacity. The First National City Bank of New York, the Irving Trust Company and the Philadelphia National Bank were participating in the loan, without the Bank's guarantee, in the total amount of $1,032,000, representing the first maturity falling due in April 1960. The loan was for a term of eleven years and bore interest of 5 percent including the 1 percent commission charged by the Bank. Amortization was to begin April 15, 1960. The loan, the second to the IISCO, was guaranteed by the government of India and was to be secured by a first mortage and charge upon IISCO's assets under a trust deed.

Suggested Citation

  • Anonymous, 1957. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 11(2), pages 387-389, April.
    • Handle: RePEc:cup:intorg:v:11:y:1957:i:2:p:387-389_12
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    1. Serena Sandri & Hussam Hussein & Nooh Alshyab, 2020. "Sustainability of the Energy Sector in Jordan: Challenges and Opportunities," Sustainability, MDPI, vol. 12(24), pages 1-25, December.
    2. Theuns, H.L., 1984. "The emergence of research on Third World tourism: 1945 to 1970: An introductory essay cum bibliography," Other publications TiSEM ce5cebd0-5a2a-41ff-a7a7-3, Tilburg University, School of Economics and Management.
    3. Sheraab, Hisham Mahmoud, 1972. "Agricultural development policy in Jordan with full utilization of resources," ISU General Staff Papers 1972010108000018116, Iowa State University, Department of Economics.
    4. Shams, Rasul, 2004. "The World Bank as an International Financial Institution," Discussion Paper Series 26380, Hamburg Institute of International Economics.
    5. Pierre L. Siklos, 2010. "Revisiting the Coyne Affair: a singular event that changed the course of Canadian monetary history," Canadian Journal of Economics, Canadian Economics Association, vol. 43(3), pages 994-1015, August.
    6. M. El-Badry, 1965. "Trends in the components of population growth in the arab countries of the middle east: A survey of present information," Demography, Springer;Population Association of America (PAA), vol. 2(1), pages 140-186, March.
    7. Claudio Calero & Lindsay W Turner, 2020. "Regional economic development and tourism: A literature review to highlight future directions for regional tourism research," Tourism Economics, , vol. 26(1), pages 3-26, February.
    8. Hassan, F., 2018. "Farm Wage and Rice Price Dynamics in Bangladesh," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277415, International Association of Agricultural Economists.
    9. Ahmed, Mansur & Goodwin, Barry, "undated". "Agricultural Mechanization and Non-Farm Labor Supply of Farm Households: Evidence from Bangladesh," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236131, Agricultural and Applied Economics Association.
    10. Theuns, H.L., 1984. "The emergence of research on Third World tourism: 1945 to 1970: An introductory essay cum bibliography," Research Memorandum FEW 162, Tilburg University, School of Economics and Management.
    11. Shams, Rasul, 2004. "The World Bank as an International Financial Institution," HWWA Discussion Papers 292, Hamburg Institute of International Economics (HWWA).
    12. Philip Roessler & Yannick I Pengi & Robert Marty & Kyle Sorlie Titlow & Nicolas Van de Walle, 2020. "The Cash Crop Revolution, Colonialism and Legacies of Spatial Inequality: Evidence from Africa," CSAE Working Paper Series 2020-12, Centre for the Study of African Economies, University of Oxford.

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