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Section Five World Bank Finances

By The World Bank

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Book Id: WPLBN0000173744
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005

Title: Section Five World Bank Finances  
Author: The World Bank
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

Citation

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Bank, T. W. (n.d.). Section Five World Bank Finances. Retrieved from http://www.worldlibrary.in/


Description
Economics

Excerpt
Conversion of $14,703 million of undisbursed multicurrency pool loans to single-currency loans terms and $29,408 million of disbursed and undisbursed multicurrency pool loans to single- currency pool terms, under the program of currency choice offered to borrowers with multicurrency pool loans for which the invitation to negotiate was issued by September 1, 1996 -- loan loss provisions maintained at a level equal to 3 percent of total loans disbursed and outstanding plus the present value of callable guarantees. At the end of the year, there were eight countries with loans in nonaccrual status with an aggregate principal balance outstanding of $2,044 million representing 2 percent of the total IBRD outstanding loan portfolio -- waiver of twenty-five basis points of the semester interest rate of loans to all borrowers that had made all loan-service payments within thirty days of their due date continued...

 

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