Company Profile

Company Overview

The World Bank Group consists of five organizations: (i) The International Bank for Reconstruction and Development (IBRD); (ii) The International Development Association (IDA); (iii) The International Finance Corporation (IFC); (iv) The Multilateral Investment Guarantee Agency (MIGA); and (v) The International Centre for the Settlement of Investment Disputes (ICSID).

We work to reduce poverty worldwide by:
- Promoting growth to create economic opportunities; and
- Helping poor people to take advantage of these opportunities.

We support the governments of member countries in their efforts to invest in schools and health centers, provide water and electricity, fight disease, and protect the environment.

We are not a "bank" in the common sense. We are an international organization owned by the 185 countries - both developed and develop9ing - that are our members.

Headquarters: Washington, DC and more than 100 offices around the world.
Established: July 1, 1944 by a conference of 44 governments in Bretton Woods, New Hampshire, USA
Membership: 185 countries
Staff: Approximately 7000 in Washington DC and over 3000 in offices around the world.

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