International Bank for Reconstruction and Development

Anonymous

International Organization, 1954, vol. 8, issue 3, 385-387

Abstract: For the nine-month period ending March 31, 1954, the International Bank for Reconstruction and Development reported a net income of $15,006,406, as compared with $12,947,735 for the corresponding period of 1953. With the addition of this income, the Supplemental Reserve against Losses on Loans and Guarantees was raised to $91,519,917. Loan commissions of $8,552,839 were credited to the Bank's Special Reserve, raising it to $45,789,316. Gross income exclusive of loan commissions was $36,994,782, $5,312,509 more than in the corresponding period in 1953. Total expenses were $21,988,376, including $4,417,789 of administrative expenses, $14,776,629 of bond interest, and $2,793,958 of bond issuance. Twenty-two loans totalling $275,482,000, were made during the period, increasing total loan agreements signed by the Bank to $1,866,248,464. Total disbursements on loans were increased to $1,314,852,214 by disbursements of $211,591,099 during the nine months covered in the re-port. Repayments from borrowers for the period were $2,715,263, bringing total repayments to $15,383,573. The Bank had sold or agreed to sell to private investors $21,607,456 principal amount of its loans, including $5,284,698 with its guarantee. As of March 31, 1954, sales of effective loans totaled $91,622,119.

Date: 1954
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:intorg:v:8:y:1954:i:3:p:385-387_10

Access Statistics for this article

More articles in International Organization from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().