How the Greek Crisis is Profitable for the IMF

How the Greek Crisis is Profitable for the IMF

The IMF is extremely profitable. In 2015 the Fund had a profit margin of 71%, far outperforming big banks, like JP Morgan and Citi Bank. And, Greece has been a great revenue source for the Fund; since the bailout programs started in 2010, the country has paid the IMF almost €4 billion in fees and interest. In fact, Greece payments are so important to the IMF that they were 118% of IMF’s operating profit. So, the obvious question is: does the IMF have an incentive to keep Greece in crisis to protect its own financial survival and continue to milk the Greek cow?






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