BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of these is an International Financial Institution?
A
World Bank
B
European Investment Bank
C
Both A and B
D
None of the above
Explanation: 

Detailed explanation-1: -They include the World Bank, the IMF, and the International Finance Corporation. Today the largest IFI in the world is the European Investment Bank which lent 61 billion euros to global projects in 2011.

Detailed explanation-2: -IMF (International Monetary Fund):

Detailed explanation-3: -Banks, Thrifts, and Credit Unions-What’s the Difference? There are three major types of depository institutions in the United States. They are commercial banks, thrifts (which include savings and loan associations and savings banks) and credit unions.

There is 1 question to complete.