International Development Finance Club
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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 was 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[]
- ^ a b "Who we are - Our vision – collaborating for the common good". International Development Finance Club. IDFC. Archived from the original on 18 July 2018. Retrieved 18 July 2018.
- ^ a b "IIB to join International Development Finance Club (IDFC)". IIB official site. International Investment Bank. 21 March 2018. Retrieved 18 July 2018.
- ^ "RÉMY RIOUX, ES NOMBRADO PRESIDENTE DEL INTERNATIONAL DEVELOPMENT FINANCE CLUB (IDFC)". AFD Agence Française de Développement. AFD. Retrieved 18 July 2018.
- ^ "Members - Global challenges local know-how". IDFC official website. International Development Finance Club. Archived from the original on 18 July 2018. Retrieved 18 July 2018.
- ^ a b c "Our Objectives We aim to serve". IDFC official website. International Development Finance Club. Archived from the original on 18 July 2018. Retrieved 18 July 2018.
External links[]
Categories:
- International economic organizations
- International finance institutions
- Supranational banks
- International development
- Multilateral development banks