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World Bank Group

by Globetrotter on 28 October 2008EN
1 placemark 5422 Views 3 Views (24h) 0 Likes

The World Bank Group is located in Washington D.C.. It was founded in 1945 to reconstruct the countries that were involved in World War II. Their mission is to reduce global poverty.

Nowadays the "Bank" has five agencies:
International Bank for Reconstruction and Development (IBRD)
International Development Association (IDA)
International Finance Corporation (IFC)
Multilateral Investment Guarantee Agency (MIGA)
International Centre for Settlement of Investment Disputes (ICSID)

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