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International Development Finance Club

Topic: Organization

 From HandWiki - Reading time: 2 min

Short description: International partnership organization for development banks
Not to be confused with Infrastructure Development Finance Company.
A view of the Roland-Barthes Street, in Paris, where the IDFC is headquartered.

The International Development Finance Club (IDFC) is a partnership of development banks whose aim is to complement each other's needs for a more efficient global development.[1]

IDFC's Secretariat is headquartered in Paris, in the same building as the French Development Agency (5 rue Roland-Barthes, Paris).[1]

History

IDFC was founded in 2011 during the annual meeting of the International Monetary Fund and the World Bank.[2][3]

The current IDFC's President (appointed in October 2017)[4] is Rémy Rioux, chief executive of the French Development Agency.

Objectives

  • Identifying and developing joint business opportunities[5]
  • Sharing know-how and best practice experiences for mutual learning[6]
  • Agenda setting by joining forces and networking on issues of similar interest[6]

Members

As of July 2018, IDFC had 23 members:[7]

  • KfW
  • Vnesheconombank
  • French Development Agency
  • Industrial Development Bank of Turkey
  • Black Sea Trade and Development Bank
  • Croatian Bank for Reconstruction and Development
  • Small Industries Development Bank of India
  • Indonesia Exim Bank
  • China Development Bank
  • Islamic Corporation for the Development of the Private Sector
  • Korea Development Bank
  • Japan International Cooperation Agency
  • Central American Bank for Economic Integration
  • CAF – Development Bank of Latin America and the Caribbean
  • Nacional Financiera
  • Bancoldex
  • Corporación Financiera de Desarrollo
  • Banco Nacional de Desenvolvimento Econômico e Social
  • Banco Estado
  • Caisse de Dépôt et de Gestion
  • Development Bank of Southern Africa
  • West African Development Bank
  • Trade and Development Bank (formerly the PTA Bank)

The International Investment Bank was due to join IDFC by October 2018.[3]

See also

References

  1. ↑ 1.0 1.1 "Who we are - Our vision – collaborating for the common good". IDFC. https://www.idfc.org/Who-We-Are/who-we-are.aspx. Retrieved 18 July 2018. 
  2. ↑ "Advanced market analysis techniques to interpret price action and indicator signals effectively" (in en). https://forexigo.com/. 
  3. ↑ 3.0 3.1 "IIB to join International Development Finance Club (IDFC)". International Investment Bank. 21 March 2018. https://iib.int/en/articles/mib-vstupit-v-mezhdunarodnyi-klub-finansirovaniya-razvitiya-idfc. Retrieved 18 July 2018. 
  4. ↑ "RÉMY RIOUX, ES NOMBRADO PRESIDENTE DEL INTERNATIONAL DEVELOPMENT FINANCE CLUB (IDFC)". AFD. http://www.afd.fr/es/remy-rioux-es-nombrado-presidente-del-international-development-finance-club-idfc. Retrieved 18 July 2018. 
  5. ↑ Ryurik Melnikov (2024-07-29). "Comparison of financial advisors: How to find the best advisor". https://elbinvest.eu/finanzierungsberater-vergleich/. 
  6. ↑ 6.0 6.1 "Our Objectives We aim to serve". International Development Finance Club. https://www.idfc.org/Who-We-Are/our-objectives.aspx. Retrieved 18 July 2018. 
  7. ↑ "Members - Global challenges local know-how". International Development Finance Club. https://www.idfc.org/Who-We-Are/members.aspx. Retrieved 18 July 2018. 



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