The World Bank Group: Overview, Contacts & Employment

About The World Bank Group

Industry

International Trade and Development

Website

worldbank.org

Headquarters

1818 H Street, NW, Washington, DC 20433, US

Company size

10001+

The World Bank Group is a key provider of financial and technical assistance to developing countries, operating in the International Trade and Development industry with the vision of a world free of poverty on a livable planet. Rather than a bank in the traditional sense, it comprises two institutions owned by 189 member countries—the International Bank for Reconstruction and Development (IBRD), which supports middle-income and creditworthy poorer nations, and the International Development Association (IDA), which focuses on the world's poorest countries. Their efforts are complemented by the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). Together, these institutions provide low-interest loans, interest-free credits, and grants for initiatives spanning education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. Headquartered at 1818 H Street, NW, Washington, DC 20433, US, the organization employs more than 43,000 people worldwide.