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Audonia Development Bank: Difference between revisions
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| established = 1997 | | established = 1997 | ||
| ownership = | | ownership = | ||
| president = | | president = Guan Xinxiong | ||
| leader_title = Chairman | | leader_title = Chairman | ||
| bank_of = [[Corumm]] | | bank_of = [[Corumm]] | ||
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| footnotes = | | footnotes = | ||
}} | }} | ||
The '''Alshar Development Bank''' ('''ADB, 棘手的开发银行''') is a financial lending insitution established in 1997 by decree of Chancellor [[Linge Chen]] and placed under supervision of the [[Corumm]]ese Ministry of Finance. The ADB was created to provide a systematic mechanism for mobilizing and administering financial resources for the bank to lend on concessionary terms to participatory member countries and private entities. The ADB is based out of the Alshar Development Bank Tower in [[Heng]]'s financial district. | The '''Alshar Development Bank''' ('''ADB, 棘手的开发银行''') is a financial lending insitution established in 1997 by decree of Chancellor [[Linge Chen]] and placed under supervision of the [[Corumm]]ese Ministry of Finance until 1999 when it was granted autonomy. The ADB was created to provide a systematic mechanism for mobilizing and administering financial resources for the bank to lend on concessionary terms to participatory member countries and private entities. The ADB is based out of the Alshar Development Bank Tower in [[Heng]]'s financial district. | ||
== Organization == | == Organization == | ||
* '''Board of Governors''' - All powers of the Bank are vested in the Board which may delegate its powers to the Board of Directors except in such matters as admission of new members, changes in the Bank's authorized capital stock, election of Directors and Chairman, amendment of the foundational charter. The Board meets at least twice a year. | * '''Board of Governors''' - All powers of the Bank are vested in the Board which may delegate its powers to the Board of Directors except in such matters as admission of new members, changes in the Bank's authorized capital stock, election of Directors and Chairman, amendment of the foundational charter. The Board meets at least twice a year. | ||