• Multilateral Development Banks (MDBs) emerged after World War II to rebuild war-torn countries and stabilize the global financial system.

  • Today MDBs finance infrastructure, energy, education and environmental sustainability in developing countries.
  • While commercial banks seek to profit from loans and other financial services, the purpose of the MDBs is to provide grants and low-cost loans to improve the economic conditions of poor or developing countries.
  • Now MDBs operate all over the world and control assets worth trillions of dollars.