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World Bank

 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] It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group.

World Bank
The World Bank logo.svg

World Bank building at Washington.jpg
The World Bank Group building in Washington, D.C.
FormationJuly 1944; 76 years ago
TypeMonetary International Financial Organization
Legal statusTreaty
Headquarters1818 H Street NW, Washington, D.C., U.S.[1]
Membership 
189 countries (IBRD)[2]
173 countries (IDA)[2]
Key people
Parent organization
World Bank Group
Websitewww.worldbank.org

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