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development bank |
Also found in: Wikipedia | 0.04 sec. |
development bankNational or regional financial institution designed to provide medium- and long-term capital for productive investment. Such investment is usually accompanied by technical assistance. Some development banks are government-owned and -operated, while others are private. Many have been established under the auspices of the World Bank. Among the largest are the Inter-American Development Bank, the Asian Development Bank, and the African Development Bank. |
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THE INTER-AMERICAN DEVELOPMENT BANK, a multilateral lending institution, approved a US$280 million loan to improve the technology industry. Three finance ministers, the president of the Inter-American Development Bank, leading international investors and corporate leaders will meet next week for the Latin American Borrowers & Issuers Forum, a two-day conference in Miami focusing on Latin America's role in the global economy and capital markets. the Canadian International Development Agency, as well as the World Bank, Inter-American Development Bank and the Asian Development Bank. |
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development bank
