What Is the World Bank, and What Does It Do? - Investopedia
WebApr 28, 2024 · Key Takeaways. The World Bank is an international organization that provides financing, advice, and research to developing nations to help advance their economies....
World Bank - Wikipedia
WebWorld Bank Group. Website. worldbank.org. The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. [5]
World Bank | Definition, History, Organization, & Facts
WebApr 19, 2024 · World Bank, international organization affiliated with the United Nations and designed to finance projects that enhance the economic development of member states. Headquartered in Washington, D.C., the bank is the largest source of financial assistance to developing countries.
Who We Are - World Bank Group
WebWHO WE ARE. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.
About the World Bank
WebThe World Bank Group has two ambitious goals: ending extreme poverty and boosting shared prosperity. Learn more about World Bank data, research, news, and leadership.
World Bank Group - Wikipedia
WebThe World Bank Group ( WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] . The bank is headquartered in Washington, D.C., in the United States.
World Bank: Purpose, History, Duties, and Mission - The Balance
WebUpdated on March 4, 2021. Reviewed by. Erika Rasure. In This Article. View All. Photo: Win McNamee / Getty Images. The World Bank provides financial and technical support to developing countries. It offers low-interest loans, interest-free credit, and grants.
Getting to Know the World Bank
WebJul 26, 2012 · The World Bank is an international development organization owned by 187 countries. Its role is to reduce poverty by lending money to the governments of its poorer members to improve their economies and to improve the standard of living of their people.
What is the World Bank? Their Roles and Responsibilities
WebJan 21, 2022 · Their Roles and Responsibilities - This Nation. What is the World Bank? Their Roles and Responsibilities. By THIS NATION | Written by Treba Porter. Published on January 21, 2022. The World Bank is a financial organization that counts 189 countries as its members, with facilities in nearly 200 countries.
What is the World Bank? Definition and Meaning
WebThe World Bank a financial institution run by the United Nations. It provides loans to underdeveloped and emerging economies for capital projects. Capital projects are huge projects that cost a great deal of money, last a long time, and are often extremely complex.
Skip to content