The Islamic Development Bank Group Together We Build A Better Future Country Programs Department (CTY) 1 1 A p r i l 2 0 1 3
IDB Group at a Glance 38 Years in the Service of Development 1396-1434H /1975-2013G ICD 2012 / 2013 1999 IDB Group 1981 1975 1994 2008 Key Features MDB of the Islamic World South-South Development Financing Institution Solidarity-based Shariah-compliance Pioneer in Trade Finance AAA-rated
Our Member Countries Europe: 2 Africa: 27 Asia: 26 Latin America: 1 A Unique Model of South-South Cooperation All Member Countries can benefit from IDB Financing Global MDB: Membership 56 Countries spreading over 4 continents Membership Increased: 22 countries in 1975 56 countries in 2013
Islamic Development Bank The Bank s mandate is to promote, comprehensive human development in the Muslim World Offer development financing Promote Islamic Financial Services Industry Provide knowledge services for development Build capacity & promote technical cooperation Inception 38 Years After 1396H / 1975G 22 Member Countries Authorized : ID 2.0 billion : US$ 3.2 billion Subscribed : ID 750 million : US$ 1,200 million 1433H / 2012G 56 Member Countries Authorized: ID 30.0 billion : US$ 46.5 billion Subscribed: ID 18.0 billion : US$ 27.9 billion Currency Equivalent: ID 1.0 = US$ 1.55
IDB s Major Shareholders Of IDB s 56 member countries, 9 Members Countries make up about 83% of the total shareholding
IDB s Rating Affirmations AAA & A-1+ Short-Term Stable Outlook Aaa & P-1 Short-Term Stable Outlook AAA & F1+ Short-Term Stable Outlook EU Zero Risk Weight
IDB Organizational Chart BOARD OF GOVERNORS IRTI 1981 ICD 1999 BOARD OF EXECUTIVE DIRECTORS IDB Group President ICIEC 1994 ITFC 2008 VP (Fin.) VP (Opr.) VP (Corp Serv.) VP (CCD)
Members / Entities of the Group Islamic Research & Training Institute (IRTI) Serve as research and training arm of the IDB, Lead development of the Islamic Financial Services Industry (IFSI) to support socioeconomic development of MCs. Activities: training, research, advisory, capacity building, etc. The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Boost trade among OIC Member Countries, Offer Shariah-compliant export credit insurance and re-insurance Provide political risk insurance to encourage investment flows. Islamic Corporation for the Devt. of the Private Sector (ICD) Promote private sector development in Member Countries, Facilitate access to Islamic capital markets, Mobilize additional financial resources for private sector, Promote entrepreneurship, and encourage cross- country investments. International Islamic Trade Finance Corporation (ITFC) Advance trade across the Islamic world, Encourage intra-trade across OIC Member Countries, Help businesses to better access trade finance, and Provide them with the necessary traderelated capacity building
Group Geographic / Field Presence Nigeria 5 COUNTRY GATEWAY OFFICES To be established in 1433/34H 4 REGIONAL OFFICES Bangladesh Dubai Office + 14 Field Representatives Egypt Kazakhstan HEADQUARTERS Jeddah Malaysia Turkey Morocco Senegal Indonesia + Afghanistan Azerbaijan Bangladesh Burkina Faso Guinea Indonesia Iran Mali Nigeria Pakistan Sudan Turkmenistan Uzbekistan Yemen
US$ Million Accomplishments From Bank Inception to end of Q4, 1433H Group Cumulative Approvals: US$ 86.9 billion > Project Financing US$ 42.11billion (48.0%) > Trade Financing US$ 44.10 billion (51.2%) > Special Assistance US$ 0.725 billion ( 0.8%) 8,000.00 Yearly Approvals since Bank Inception ( in US$ Million) 8,502 6,000.00 4,000.00 2,000.00 - Year
Cumulative Approvals by Sector (OCR)
Vision for Human Dignity Vision Statement By the year 1440 Hijrah, IDB shall have become a world-class development Bank, inspired by Islamic principles, that has helped significantly transform the landscape of comprehensive human development in the Muslim World and help restore its dignity
Comprehensive Development Agenda Mission Statement Promote comprehensive human development, with a focus on the priority areas of alleviating poverty, improving health, promoting education, improving governance and prospering the people Nine Key Strategic Thrusts: 1. Reform IDB 2. Alleviate Poverty 3. Promote Health 4. Universalize Education 5. Empower Women 6. Prosper the People 7. Expand the Islamic financial Industry 8. Facilitate Integration of IDB Countries 9. Improve the image of the Muslim World
Reforms at IDB Responsive to Clients Focuse d Leveraging Partnershi ps A New IDB Group Scaled up Results Oriented Knowledg e-oriented
IDB s Development Partners Arab Gulf Program for Development
Organizational Structure (OC) ICIEC ICD ITFC IRTI IDB Complexes T h e I s l a m i c D e v e l o p m e n t B a n k G r o u p معا نبني مستقبال أفضل TOGETHER WE BUILD A BETTER FUTURE h t t p : / / w w w. i s d b. o r g Slide 16 ENSEMBLE NOUS CONSTRUISONS UN AVENIR MEILLEUR
معا نبني مستقبال أفضل TOGETHER WE BUILD A BETTER FUTURE ENSEMBLE NOUS CONSTRUISONS UN AVENIR MEILLEUR Thank You The Islamic Development Bank Group Providing resources Fighting poverty Restoring dignity http://www.isdb.org T h e I s l a m i c D e v e l o p m e n t B a n k G r o u p معا نبني مستقبال أفضل TOGETHER WE BUILD A BETTER FUTURE h t t p : / / w w w. i s d b. o r g Slide 17 ENSEMBLE NOUS CONSTRUISONS UN AVENIR MEILLEUR 17