The Institute of International Finance, Inc. (IIF) is the world’s only global association of financial institutions. Created in 1983 by 38 banks in response to the international debt crisis, the IIF has evolved to meet the changing needs of the financial community. Members include most of the world’s largest commercial banks and investment banks, as well as a growing number of insurance companies and investment management firms. Among the Institute’s Associate members are multinational corporations, trading companies, export credit agencies, and multilateral agencies. Approximately half of the Institute’s members are European-based financial institutions, and representation from the leading financial institutions in emerging market countries is also increasing steadily. Today the Institute has more than 320 members headquartered in more than 60 countries.