International Bank for Reconstruction and Development

Anonymous

International Organization, 1953, vol. 7, issue 3, 410-411

Abstract: For the nine-month period ending March 31, 1953, the International Bank for Reconstruction and Development reported a net income of $12,947,735, compared with $12,507,639 for the similar period in 1952. Exclusive of loan; commissions gross income was $31,682,273, compared with $25,744,168 in 1952. Placed in the supplemental reserve against losses on loans and guarantees, the net income increased this reserve to $70,975,835. Loan commissions, which amounted to $6,985,416 were credited to the Bank's special reserve, increasing it to $34,670,000, while total reserves on March 31 were $105,645,905.

Date: 1953
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