Controller's Department - CTL
The Controller’s Department (CTL)
- establishes and maintains the Bank’s accounting system and records
- prepares reports setting forth the financial position of ordinary capital resources and special funds, including trust funds and the staff retirement fund
- calculates and arranges the settlement of maintenance of value obligations of members
- authorizes disbursements under loans and technical assistance operations, and provides assistance to other departments in negotiating and administering loans and technical assistance operations
- authorizes payments of administrative and other expenses in connection with trust funds and funds of a similar nature
- makes payments in respect of salaries, allowances, and benefits under the Staff Retirement Plan
- provides assistance to the Treasurer’s Department in formulating the Bank’s financial policies
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