Development finance institution
From ACT Wiki
(DFI).
A development finance institution is a specialised development bank, or subsidiary, established to support private sector development in developing countries.
They are usually majority-owned by national governments.
This ensures that they are highly creditworthy, enabling them to raise money in large amounts on competitive terms.
In turn, this allows them to provide finance on competitive terms to their customers.
(Source - OECD.)
See also
- Arab Bank for Economic Development in Africa
- Asian Development Bank
- Bank
- Central bank
- Council of Europe Development Bank
- Creditworthy
- Development bank
- European Bank for Reconstruction and Development
- Inter-American Development Bank
- International Bank for Reconstruction and Development
- Multilateral development bank (MDB)
- Organisation for Economic Co-operation and Development (OECD)
- Subsidiary
- United States Agency for International Development
- United Nations Conference on Trade and Development
