User:Atlantica/Sandbox2
 Headquarters in Edudzi Agyeman City | |
| Abbreviation | BdB |
|---|---|
| Formation | 12 May 1991 |
| Type | International financial institution |
| Legal status | Treaty |
| Purpose | Regional development Providing financial bailouts to Bahian states with balance of payments difficulties |
| Headquarters | Edudzi Agyeman City, Asase Lewa Kwamuimepe, Kitaubani |
Region served | Bahia |
Membership |  Asase Lewa KitaubaniInsert yourselves |
Official language | Gaullican |
Main organ |
|
| Website | bdb.org |
The Bank of Bahia (Gaullican: Banque de Baïe is an international finance and development finance institution headquartered in Edudzi Agyeman City, Asase Lewa and Kwamuimepe, Kitaubani. The Bank was established by the governments of Asase Lewa and Kitaubani in order to provide development financing and debt relief for Bahian states. Founded with an authorised capital of $10 billion in 1991, the BdB was primarily created in order to provide Bahian states with an alternative to the Global Institute for Financial Affairs, which provided extensive debt relief with the stipulation of adopting structural adjustment programs. Since its inception, however, the BdB has gradually expanded to provide funds for infrastructure and economic development. Since its inception, the BdB has also become closely associated with the Bank for United Development of the International Forum for Developing States, established at a similar period as the BdB, though also seeking to provide an alternative to the GIFA among Bahian states geopolitically unaligned with the BDU's key backers, Shangea and Zorasan.