OREANDA-NEWS. November 24, 2010. Upon the results of evaluation performed FBK BEL was recognized to comply with corresponding requirements of the World Bank with regard to audit of financial statements under minor grants and projects funded by the World Bank, reported the press-centre of FBK.

“We are happy that FBK’s cooperation with one of the most influential global financial institutes is expanding. FBK have been successfully performing assignments under the World Bank’s projects in the field of reformation of the system of healthcare, education, state finance. Today our Belorussian partners from the FBK non-commercial partnership obtained the right to work under the World Bank projects”, noted Irina Sukhova, FBK Corporate Development Vice President. She reminded that in Russia FBK occupy the leading positions in the market of audit and consulting in terms of projects financed by international organizations.

International Bank for Reconstruction and Development (IBRD) is the principle credit institution of the World Bank, established in 1944. The supreme IBRD bodies are the Board of Governors and Directorate as its executive body. Members of IBRD are 186 countries; the leaders are USA, Japan, Great Britain, the Federal Republic of Germany, Canada and Italy. IBRD resources, besides equity capital, are placement of bond loans, mostly on American market and funds from sale of bonds.