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IGO OBJECTIVES ROLES FUNCTION

 Bank for to serve central banks he BIS hosts the (i) As a banker to
International in their pursuit of Secretariat of the Basel central banks, the
Settlements (BIS) monetary and Committee on Banking BIS provides a
financial stability, to Supervision and with it wide range of
foster international has played a central financial services
cooperation in those role in establishing the to assist central
areas and to act as a Basel Capital Accords banks and other
bank for central (now commonly monetary financial
banks. referred to as Basel I) of institutions in the
1988, Basel II management of
framework in 2004 and foreign reserves.
more recently Basel III (ii) The BIS organizes
framework in 2010. workshops and
seminars focused
on international
financial issues
through the
Financial Stability
Institute (FSI).
(iii) The BIS publishes
research and
statistics on global
banking, foreign
exchange, financial
market securities,
and derivatives
market. The
information is
shared across its
member central
banks to help in
their functions and
decision-making. 
 International aim is to create  the broad recognition (i) invests in private
Finance opportunities for of the role of the enterprises in
Corporation (IFC) people to escape private sector as a member countries in
poverty and achieve critical driver of association with
better living standards economic growth, and private investors and
by mobilizing financial creator of the majority without government
resources for private of jobs, in developing guarantee, in case
enterprise, promoting countries; where sufficient
accessible and  IFC’s unique offering private capital is not
competitive markets, to the private sector available on
supporting businesses operating in those reasonable terms;
and other private- countries including
sector entities, and through its global (ii) seeks to bring
creating jobs and knowledge and reach, together investment
delivering necessary combination of opportunities,
services to those who Investment Services private capital of
are poverty stricken (IS), Advisory Services both foreign and
or otherwise (AS) and the IFC Asset domestic origin, and
vulnerable. Management experienced
Company (AMC), role management, and
as part of the WBG,
and combination of (iii) stimulates
both development conditions conducive
and financial goals; to the flow of private
and capital, domestic and
 the opportunity for foreign, into
the WBG to be productive
transformational investments in
through collaborative member-countries.
approaches that
support, leverage, and
complement private
sector activity.
 United Nations  aims to assist in  Creating shared is the specialized
Industrial the prosperity agency of the United
Development industrialization of  Advancing Nations that
Organization (UNIDO the developing economic promotes industrial
) countries by competitiveness development for
coordinating other  Safeguarding poverty reduction,
UN organizations the inclusive
devoted to this end.
environment globalization and
Its activities help to
 Strengthening environmental
formulate industrial
development knowledge and sustainability.
policies and institutions
programs by
providing advisers
and other
assistance, mostly
in terms of
information,
education, and
research.

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