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The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and most famous development bank in the world and is an observer at the United Nations Development Group. The bank is based in Washington, D.C. and provided around $30 billion in loans and assistance to "developing" and transition countries in 2012.

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  • The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and most famous development bank in the world and is an observer at the United Nations Development Group. The bank is based in Washington, D.C. and provided around $30 billion in loans and assistance to "developing" and transition countries in 2012.
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  • World Bank Group
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formation date
formation year
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membership
  • 188 states (187UN countriesandKosovo)
purpose
  • Economic development,povertyelimination
status
  • Treaty
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is differentFrom of
is alma mater of
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is parent organisation of
is publisher of
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