The World Bank Company Description
Collectively known as the World Bank, the International Bank for Reconstruction & Development (IBRD) and its sister organization the International Development Association (IDA) are on a mission to improve the world. The IBRD strives to reduce poverty in creditworthy middle-income countries by promoting sustainable development through loans, guarantees, risk management products, and advisory services. The IBRD serves countries in Latin America, Asia, Africa, and Eastern Europe, funding activities by selling bonds in international capital markets. IDA assists the world's poorest countries, helping them develop effective health care, education, and government institutions. The World Bank has 185 member countries.
View the Comprehensive Company Description for The World Bank
The Company Description provides a historical perspective of The World Bank's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of The World Bank's evolution in the marketplace.
