International Bank for Reconstruction and Development

Anonymous

International Organization, 1953, vol. 7, issue 2, 267-269

Abstract: 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.

Date: 1953
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