Through the World Investment Banking Alliance, according to the rules of the Alliance, the objectives of the World Bank are:
(1) Assisting the revitalization and construction of the members' economics through investment in the banking industry, and encouraging the development of resources by members of the underdeveloped coalition;
(2) Promote private foreign investment through guarantees or participation in private loans and other private investments. When alliance members cannot obtain private capital under reasonable conditions, they can use the bank's own capital or funds raised to supplement the lack of private investment;
(3) Encourage international investment, assist alliance members to improve economic efficiency, and promote the balanced development of international trade of alliance members and the improvement of the international balance of payments;
(4) When providing loan guarantees, it should cooperate with other international lending institutions.
At the beginning of the establishment of the World Bank, the Bank mainly developed the banking economy in various regions. The World Bank mainly provided medium and long-term loans and investments to banks in developing countries to promote the economic and social development of banks in developing countries.
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