Date
Timeline Description

During fiscal year 1956-57, the Bank approved $99 million in loans to European countries.

Detail Description

As reported in the 1957 Annual Report, the total amount of Bank loans to Europe approved by the Bank in its eleven year history exceeds $1 billion. During fiscal year 1956-57, the Bank approved $99 million in loans to European countries, including $75 million for new projects as part of the southern Italy development program.

Image Timeline
Detail from the World Bank Annual Report 1956-1957.
Image Timeline Caption

Detail from the World Bank Annual Report 1956-1957.

Resource
Description

Sept. 29, 1959
President Black comments on the Bank's lending during the ten years from 1949 through 1959 (101I).

Image
President Black address to the Boards of Governors
Title
President Black address to the Boards of Governors
Audio File
Event
90
Title
World Bank Annual Report 1956-1957
Image
World Bank Annual Report 1956-1957
Description
Document date: June 30, 1957
A breakdown of loans by region and sector is on page 16 and a review of European operations is on pages 37-39.
Event
90
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