Therefore, the crucial role of the Bank is to build on the knowledge accumulated in so many years of financing for development and help developing economies overcome such shortcomings. In particular, helping countries implement the policies most conducive to a friendly business environment is essential to leverage private sector investments.
This new institution took over the headquarters of the Bank deutscher Länder in Frankfurt am Main. I wonder if you are aware that it almost ended up being based in Hamburg. Back then, the British forces were pushing for the Bank deutscher Länder to make Hamburg its home.