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Institute Of International Finance, Inc

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Chapter Summary

The Institute of International Finance, Inc. (IIF) was created by the international banking community in 1983 as a response to the debt crisis that began in the early 1980s. The IIF was first envisioned at a meeting of internationally exposed banks at Ditchley Park in the United Kingdom in May 1982. From the original 38 members the Institute has grown to over 375 members from more than 70 states. The scope of membership has also expanded dramatically since the early days of the association in both corporate diversity and geographic scope. The organizational structure of the Institute is similar to most other financial associations with an elected Board of Directors. The Institute's members elect a Chairman of the Board of Directors. One of the Guiding Principles of the Institute is sound, sustainable finance, i.e., that it funds its annual expenses through membership dues and other fees.

Keywords: Institute of International Finance, Inc. (IIF); membership dues; organizational structure



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