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World Bank
The World Bank in Singapore
Formation
August 3, 1966
Type
104th member
Legal status
Member of all World Bank Group Institutions
Headquarters
World Bank HQ: Washington, D.C., U.S.
Membership
IBRD, IFC, MIGA, IDA, and the ICSID
Key people
Tharman Shanmugaratnam, Singapore Governor
Andin Hadiyanto, Executive Director for Southeast Asia
Parent organization
World Bank Group
Website
worldbank.org
Singapore officially joined the International Bank for Reconstruction and Development (IBRD) on August 3, 1966[1] after Singapore's independence from Malaysia. By 1975, Singapore received 14 total loans from the World Bank, 10 of these loans were used exclusively for infrastructure projects. Currently, Singapore is a member of World Bank Group Institutions including International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), International Development Association (IDA), and the International Centre of Settlement of Investment Disputes (ICSID).[1]
^ ab"The World Bank | Singapore | Overview".
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