The World Bank is a United Nations international financial institution that provides loans to developing countries for capital programs. The World Bank is a component of the World Bank Group, and a member of the United Nations Development Group.
The World Bank's official goal is the reduction of poverty. According to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.
The World Bank's official goal is the reduction of poverty. According to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.
 Official logo of World Bank | |
| Motto | Working for a World Free of Poverty |
|---|---|
| Formation | July 1944 |
| Type | International Financial Organization |
| Legal status | Treaty |
| Purpose | Crediting |
| Headquarters | Washington D.C., United States |
| Region | Worldwide |
| Membership | 188 countries (IBRD) 172 countries (IDA) |
| Official language | Arabic, Chinese, English, French, Russian, Spanish |
| President | Jim Yong Kim |
| Main organ | Board of Directors |
| Parent organization | World Bank Group |
| Website | www |
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