World Bank Group
See also: The United Nations
| Type | IGO |
|---|---|
| Website | worldbank.org |
| Wikipedia |  |
| Year founded | 1944 |
| Location |
Washington D.C., DC
 United States of America
|
| See also | Development Research Group, IEG, IFC |
| Summary | 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 well-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C. in the United States. It provided around $61 billion in loans and assistance to "developing" and transition countries in the 2014 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity. |
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