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    World Bank
    [ˈˌwər(ə)ld ˈbaNGk]
    DEFINITION
    1. an international banking organization established to control the distribution of economic aid among member nations, and to make loans to them in times of financial crisis. See also International Bank for Reconstruction and Development.
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  2. People also ask
    What exactly does the World Bank do?
    What does the World Bank actually do? The World Bank is an international financial institution that provides loans to developing countries of the world for c...
    www.youtube.com/watch?v=H90igWDC-B0
    What is the World Bank officially called?
    Officially called the International Bank for Reconstruction and Development (IBRD), or World Bank is an international with 189 member-countries operating in 130 countries worldwide. Formed by Bretton Woods Agreement in 1944 to finance the reconstruction of war-torn countries brought by the devastation of World War II. WORLD BANK
    www.coursehero.com/file/136470890/Group-3-Worldban…
    What is the job of the World Bank?
    World Bank Objectives and Functions: WB is an international financial institution. Its major job is to give loans and grants to low and middle-income countries to support their economies.
    www.thisnation.com/government/learn/what-is-the-world-…
    What are the objectives of World Bank?

    World Bank – Objectives and Functions

    • (1) To provide long-run capital to member countries for economic reconstruction and development. ...
    • (2) To induce long-run capital investment for assuring Balance of Payments (BoP) equilibrium and balanced development of international trade.
    • (3) To provide a guarantee for loans granted to small and large units and other projects of member countries. ...

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    www.yourarticlelibrary.com/economics/world-bank-its-obj…
  3. International financial institution

    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. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA).
    Established: December 1944 (77 years ago)
    Headquarters: 1818 H Street NW, Washington, D.C., U.S.
    Key people: David Malpass, (President), Anshula Kant, (MD and CFO), Indermit Gill, (Chief Economist,)
    Membership: 189 countries (IBRD), 174 countries (IDA)
    en.wikipedia.org/wiki/World_Bank
    en.wikipedia.org/wiki/World_Bank
  4. https://www.investopedia.com/terms/w/worldbank.asp

    The World Bank is an international organization dedicated to providing financing, ad…
    As of 2022, the World Bank identified 17 goals that it aims to achieve by 2030. …
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    What Is the Purpose of the World Bank?
    The World Bank is an organization t…
    Who Owns the World Bank?
    No person, organization, governme…
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  5. https://en.wikipedia.org/wiki/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. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned b…

    • Headquarters: 1818 H Street NW, Washington, D.C., …
    • Established: December 1944 (77 years ago)

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  6. World Bank | Definition, History, Organization, & Facts

    https://www.britannica.com/topic/World-Bank

    WebWorld Bank, in full World Bank Group, international organization affiliated with the United Nations (UN) and designed to finance projects that enhance the economic development of member states. Headquartered in …

    What is the World Bank?
    See this and other topics on this result
  7. https://www.worldbank.org/en/about

    WebWith 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

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  8. https://www.worldbank.org

    WebThe World Bank has two goals: end extreme poverty and promote shared prosperity in a sustainable way. Who we are Learn About Our Priorities Food Security

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  9. https://www.thefreedictionary.com/World+Bank

    WebWorld Bank n (Banking & Finance) an international cooperative organization established in 1945 under the Bretton Woods Agreement to assist economic development, esp of …

  10. https://www.worldbank.org/en/topic/poverty/overview

    WebApr 26, 2022 · The World Bank Group’s goals are to end extreme poverty and promote shared prosperity. This mission underpins our analytical, operational, and convening work in about 140 client countries. For almost …

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  11. https://unacademy.com/content/upsc/world-banks-definition-of-governance

    WebGovernance is generally defined as “the manner in which the power is exercised in the administration and management of a country’s economic and social resources for

  12. https://www.worldbank.org/en/topic/financialinclusion

    WebFinancial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – …

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  13. World Bank legal definition of World Bank - TheFreeDictionary.com

    https://legal-dictionary.thefreedictionary.com/World+Bank

    WebThe International Bank for Reconstruction and Development, commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the …

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