World Bank


The World Bank is a vital source of financial and technical assistance to developing countries around the world.

Two Institutions, One Mission

"We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. We comprise two institutions managed by 188 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses exclusively on the world’s poorest countries. These institutions are part of a larger body known as the World Bank Group. Established in 1944, the World Bank is headquartered in Washington, D.C. We have more than 9,000 employees in more than 100 offices worldwide."

Source: The World Bank, as accessed in April 2013.

  • International Institution
United States of America
Contact details
Phone:++1 202 473-1000
Fax:++1 202 477-6391
Address: Headquarters: Washington D.C. 1818 H Street, NW20433 Washington, DC, 20433 Washington, DC
Country:United States of America
Geographical focus
  • International; Other
Scientifc field / Thematic focus
  • Cross-thematic/Interdisciplinary

Entry created by Ines Marinkovic on January 9, 2007
Modified on April 11, 2013