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Essay / Case study of development banks - 4016
They contribute to the dispersion of industries and the development of backward areas. Development banks have a unique importance in the development process of a country. In fact, they are a catalyst for development. We list their role as active energies of growth. (a) As an initiator: development banks play a “supply leader” role (anticipating future demand) such as in technology transfer, strategic industries, environmental issues, etc. (b) As an institution builder: development banks help develop new methodologies and systems to raise capital and increase investment in non-traditional areas such as financing large projects through build-operate and transfer/rental/ownership (BOT, BOL, BOO). , bonds, microfinance, etc. (c) As a catalyst: development banks play a leading role in creating new financial packages with the participation of commercial banks and other financial institutions, such as the syndication of large project loans, guarantee for start-up industrial sectors. , etc. (d) As an advocate of development: These banks also help promote “development activities” such as job creation, domestic resource mobilization, rural development, urban renewal, etc. (e) As the bank of the latter