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 was founded in 2011 during the annual meeting of the International Monetary Fund and the World Bank.[2]
IDFC's Secretariat is headquartered in Paris, in the same building as the French Development Agency (5 rue Roland-Barthes, Paris).[1]
The current IDFC's President (appointed in October 2017)[3] is Rémy Rioux, chief executive of the French Development Agency.
Members
As of July 2018, IDFC had 23 members:[4]
- Black Sea Trade and Development Bank
- French Development Agency
- Croatian Bank for Reconstruction and Development
- KfW
- Industrial Development Bank of Turkey
- Vnesheconombank
- 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
- 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
- Eastern and Southern African Trade and Development Bank (formerly the PTA Bank)
The International Investment Bank is due to join IDFC by October 2018.[2]
Objectives
- Agenda setting by joining forces and networking on issues of similar interest[5]
- Identifying and developing joint business opportunities[5]
- Sharing know-how and best practice experiences for mutual learning[5]
See also
References
External links