Coherent Identifier About this item: 20.500.12592/bphgs5

IsDB GROUP IN BRIEF 1975 – 2021 (Q1) Empowering People

20 May 2021

Summary

IsDB GROUP IN BRIEF 1975 – 2021 (Q1) Empowering People for a Sustainable Future WHO WE ARE The Islamic Development Bank is a Multilateral Development Bank (MDB), working to improve the lives of those we serve by promoting social and economic development in member countries and Muslim communities worldwide, delivering impact at scale. [...] WE FOSTER WE EQUIP INNOVATIVE AND SUSTAINABLE SOLUTIONS PEOPLE TO DRIVE THEIR TO THE WORLD’S GREATEST OWN ECONOMIC AND SOCIAL DEVELOPMENT CHALLENGES, PROGRESS AT SCALE, PUTTING AS WE WORK TOWARDS INFRASTRUCTURE IN THE SUSTAINABLE PLACE TO ENABLE THEM DEVELOPMENT WE BUILD TO FULFIL THEIR GOALS. [...] β€’ Net Approvals increased significantly from US$ 4.4 billion in the first decade (1975- 1984) to US$ 77.3 billion in the last decade (2012-2021). [...] β€’ The total financing for the top ten countries represent about 62.2 percent of total IsDB Group net approvals as follows: - Bangladesh: US$ 22.3 billion (14.6%). [...] Over the years, the Bank has evolved from a single entity into a group comprising five entities: Islamic Development Bank (IsDB), the Islamic Development Bank Institute (IsDBI) tasked with research and training, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Tr.

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