Loan Consortium or Loan Syndication

Loan Syndication is the process of involving a group of lenders to fund  various portions of loan for a single borrower.

Loan Syndication most often occurs when a borrower requires an amount too large for single lender to provide or when the loan is outside the scope of a lender's risk exposure levels.

Thus , multiple lender's form a syndicate to provide with the requested capital.

Loan Syndication is often used in corporate financing.

International monetary fund

International monetary fund(IMF) was established in 27 Dec 1945,consists of 189 member countries.

It works to secure financial stability, develope global monetary cooperation, facilitate international trade, and reduce poverty and maintain sustainable economic growth around the world.

Its headquarters are in Washington,D.C, United States.

Also see Breton woods System

Breton woods system

The Breton Woods Agreement is the landmark system for monetary and exchange rate management established in 1944. It was developed at the United Nations Monetary and Financial Conference held in Breton woods,New Hampshire,from July1 to July 22,1944.
Under the agreement,currencies were pegged to the price of gold, and the U.S dollar was seen as a reserve currency linked to the price of gold.