World Bank Group

Company Overview

The World Bank Group is a global organization that provides financial and technical assistance to developing countries to help reduce poverty and promote economic growth. As a leading source of financial and technical assistance, it supports countries in their efforts to attain sustainable development goals. The organization has five institutions that work together to support countries and ensure that their efforts are aligned. These institutions are the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). With headquarters in Washington, D.C., the World Bank Group is a crucial partner in global development efforts. The World Bank Group is not a United States company; it is an international organization made up of 189 member countries, with the United States being one of the largest shareholders.