World Bank is an internationally supported bank that provides financial and technical assistance to developing countries for development programs with the stated goal of reducing poverty. The World Bank was formally established on December 27, 1945, following the ratification of the Bretton Woods agreement.
The Bank's mission is to aid developing countries and their inhabitants achieve development and the reduction of poverty, including achievement of the MDGs, by helping countries develop an environment for investment, jobs and sustainable growth, thus promoting economic growth through investment and enabling the poor to share the fruits of economic growth.
Headquarters:
Washington, USA
Leadership:
Robert B. Zoellick, President
Founded:
1945
Web:
www.worldbank.org
ID: 1286
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World Bank is an internationally supported bank that provides financial and technical assistance to developing countries for development programs with the stated goal of reducing poverty. The World Bank was formally established on December 27, 1945, following the ratification of the Bretton Woods agreement.