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World Bank
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World Bank: Facts & Related Content

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News •

World Bank says Saudi Arabia and Qatar have paid off Syria's outstanding debt • May 16, 2025, 11:07 AM ET (AP)
Bessent says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China • Apr. 23, 2025, 6:51 PM ET (AP)

Facts

Also Known As World Bank Group • International Bank
Date 1944 - present
Headquarters Washington, D.C.
Areas Of Involvement economic planning • finance • sustainable development • credit • technical assistance
Related People Ashraf Ghani • Virgilio Barco Vargas • Lawrence H. Summers • Ellen Johnson Sirleaf • Mario Draghi • Kristalina Georgieva • Mamphela Ramphele • Robert S. McNamara • Jim Yong Kim • Robert B. Zoellick • Salam Fayyad • Paul Wolfowitz • James Wolfensohn • Joseph E. Stiglitz • Paul Romer

Did You Know?

  • France received the World Bank's first loan.
  • The World Bank has attracted criticism for its encouragement of business-friendly policies that some argue can hurt the poorest individuals in the countries it lends to.
  • The World Bank aims to raise the minimum income levels of all its member countries to at least 1.90 USD a day.

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Robert S. McNamara
map of the National Mall, Washington, D.C.
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