A City Guide To Samtredia for Learning from the debt crisis, the bank now provides financial assistance via balance-of-payment support and loans. After the fall of communism in the late 1980s and early 1990s, the bank was a central figure in the freemarket reforms of Eastern and Central Europe. The bank also provided reconstruction loans to countries suffering internal conflicts or crisis. Unfortunately, this support did not lead to the reformation of positive infrastructures, and in several instances resulted in a drastic reduction in the standard of living. The bank is the largest multilateral creditor in the world. The result is that for many of the most indebted poor countries, the largest part of their external debt (sometimes more than 50 percent) is owed to the World Bank and its associated multilateral regional development banks. Many feel that this debt, which as per the bank’s statutes cannot be canceled or rescheduled, is a major factor in the continuing economic stagnation of developing nations. A City Guide To Samtredia 2016.