The Global Bank is a full-fledged private sector global development bank in formation - the world’s second global development bank - positioned next to the World Bank and the preeminent regional development banks (MDBs1). The Global Bank is a vital source of financial and technical assistance to developing countries around the world. Global Bank provides financial and technical support to developing countries to help them strengthen economic management and reduce poverty. Global Bank provide a new channel through which developing country governments could borrow to finance economically productive climate resilient infrastructure assets and sustainable development while still remaining within prudent levels of debt.
We also provide direct assistance to private enterprises of developing countries through equity investments and loans.
For more information about the Global Bank, what we do and how we do it, please go to the About Us section of our website.
1 | The Multilateral Development Banks (MDBs) are institutions that provide financial support and professional advice for economic and social development activities in developing countries. The MDBs provide financial and technical support to developing countries to help them strengthen economic management and reduce poverty. Together, the MDBs provide support to the world's poorest in every corner of the globe, strengthening institutions, rebuilding states, addressing the effects of climate change, and fostering economic growth and entrepreneurship. |
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