IEG meaning in Banking ?

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What is Independent Evaluation Group mean?

The Independent Evaluation Group (IEG) is an independent unit within the World Bank Group (WBG) charged with objectively evaluating the activities of the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA; collectively, the World Bank), the work of International Finance Corporation (IFC) in private sector development, and the Multilateral Investment Guarantee Agency's (MIGA) guarantee projects and services to provide accountability, help de WGB avoid unnecessarily mistakes and successfully reach their goals. The head of IEG, the Director-General, Evaluation, reports directly to the Bank Group's Board of Executive Directors and not to Bank Group management.

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Posted on 02 Dec 2024, this text provides information on Miscellaneous in Banking related to Banking. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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