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International Bank for Reconstruction and Development

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  • Anonymous

Abstract

Released on April 30, 1951 the financial statements of the International Bank for Reconstruction and Development showed the net income for the nine months ending March 31, 1951 to be $11,483,230. This amount was placed in the General Reserve against losses on loans and guarantees, thus increasing this reserve to $38,481,500. Gross income for the period amounted to $20,567,359 after deducting loan commissions of $4,723,859 which were allocated to the special reserve.

Suggested Citation

  • Anonymous, 1951. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 5(3), pages 593-596, August.
    • Handle: RePEc:cup:intorg:v:5:y:1951:i:3:p:593-596_11
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