(
MENAFN- Trend News Agency)
RIYADH, Saudi Arabia, April 29. The IslamicDevelopment Bank Group (IsDB) has celebrated its golden jubilee,the 50th anniversary in Riyadh, Saudi Arabia, Trend reports from the eventvenue.
The speech by Custodian of Two Holy Mosques, King Salman BinAbdulaziz Al-Saud was delivered by Faisal bin Bandar bin AbdulazizAl Saud, governor of Riyadh region.
Addressing the ceremony, UN Secretary General Antonio Guterressaid that IsDB work has made a vital contribution to its membercountries and to Muslim communities across the globe, particularlyin the face of recent crisis, and it will remain essential in thefuture.
“We are relying on you to rapidly scale up long term affordablefinance, including mobilizing far more private finance. UnitedNations is your partner and your ally in these efforts, and I wishyou all the very best for the next 50 years,” he said.
Managing Director of the International Monetary Fund KristallinaGeorgieva noted that IsDB has served with professionalism and verydeep commitment.
“In a moment of tragedy, and unfortunately there were far toomany over the last years, it has swiftly offered a helpinghand.
The role of the Islamic Development Bank is only growing insignificance,” she said.
Odile Renaud-Basso, President of the European Bank forReconstruction and Development (EBRD) said that over the years, theEBRD and the Islamic Development Bank have positively collaboratedacross a number of countries and areas.
“We look forward to continuing the strong relationships betweenour institutions and maximizing our collective impact,” shesaid.
The event featured presentation of gift to the Guest ofHonor.
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