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What is a regional international financial institution?
Regional international financial institutions include Asian Development Bank, Asian Infrastructure Investment Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, European Central Bank, European Investment Bank, Arab Monetary Fund, Islamic Development Bank, West African Development Bank and Arab Development Fund. Regional international financial institutions are entirely composed of countries in the region.

European investment bank 1

The European Investment Bank (EIB) is a European financial institution established on March 25th, 1957 according to the relevant provisions of the European Treaty (Treaty of Rome). Its members are all members of the European Community, and its address is in Luxembourg. The purpose of the European Investment Bank is to promote the balanced and stable development of the European market by using the funds of the international capital market and the European Community. The main business activities of the bank are to provide loans and guarantees on a non-profit basis to finance development projects in underdeveloped areas, transform and modernize existing enterprises and carry out new activities. Its main source of funds is borrowing from the European money market.

2. Asian Development Bank

The Asian Development Bank was established in March 1965 in accordance with the Agreement on the Establishment of the Asian Development Bank signed at the 2nd session of the United Nations Economic Commission for Asia and the Far East (United Nations Economic and Social Commission for Asia and the Pacific). 1966165438+10 was formally established in Tokyo, Japan, and opened in February of the same year with its address in Manila, the capital of the Philippines. The purpose of the Asian Development Bank is to raise funds for development plans in the Asia-Pacific region, provide technical assistance, help coordinate policies of member countries in economy, trade and development, and cooperate with the United Nations and its specialized agencies to promote economic development in the region. Its main sources of funds are the shares paid by member countries, the Asian Development Fund and the issuance of bonds in the international financial market.

3. African Development Bank

Under the sponsorship of the United Nations Economic Commission for Africa, the African Development Bank was formally established in September 1964, and began to operate in July 1966, with its address in Abidjan, the capital of C? te d 'Ivoire. The purpose of the African Development Bank is to provide funds for the economic and social development of member countries, coordinate national development plans and promote economic integration in Africa. Its main sources of funds are the share capital subscribed by member countries and loans from the international financial market.

4. Inter-American Development Bank

The Inter-American Development Bank was formally established on February 30th, 1959, 1960, 1 1, and its bank address is located in Washington, DC. The purpose of the Inter-American Development Bank is to mobilize domestic and foreign funds, provide project loans and technical assistance for the economic and social development of Latin American countries, and promote the economic development of Latin America. Its sources of funds are mainly shares subscribed by member countries, loans from international financial markets and deposits from more developed member countries.