World Bank

Organization data
Type
Active
Year founded
Location Washington, D.C., United States
Website worldbank.org/
Green hosting Yes

The World Bank is a financial institution that provides financial assistance to developing countries. It differs from the IMF in that it provides longer term loans, focused more on development than on overcoming financial crises.

History

It was founded after World War II to help with the reconstruction of Europe. After this task was completed it moved onto the more general purpose task of aiding in the development of the newly decolonized world.

External links

Page data
Authors
License CC-BY-SA-3.0
Cite as "World Bank". Appropedia. 2011–2025. Retrieved November 28, 2025.
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