The full summary of this final work leads us to the conclusion that the international financial institutions are established in the era of World War II when there have been major financial crisis all overthe countries. At the time it was necessary that the countries provide financial assistance and support to the economic and political fields through various methods and techniques, even through advisory services. It all began at Bretton-Woods Conference in 1940. years, when the first financial institutions were established. On the term International Financial Institutions we mean international cooperation of various countries on the issue of international financial relations. The MMF is one of the institutions that had a major role as well as the World Bank and the WTO, which were among the first institutions that were etablished at that time. We could say that they were the basis for the further development of the international financial institutions. Each of them had different goals and ways in which they provided assistance to countries affected by the financial crisis.Obviously, for providing financial and technical assistance, international financial institutions have had their conditions that each country had to satisfy in order to be provided with their help. Although the world has made a lot of progress, we conclude that the countries which had been developed at the time, still today hold status of developed countries, while other countries which needed constant financial aid, are still struggling with financial, economic crises and their status remains questionable. The population in those countries lives in bad conditions and poor standards of life completely different than in developed countries.