World Bank

Local nameWorld Bank
LocationVientiane, Laos

The World Bank is an international financial institution that provides loans to countries of the world for capital projects. It comprises two institutions: the International Bank for Reconstruction and Development, and the International Development Association. The World Bank is a component of the World Bank Group.

The World Bank's most recent stated goal is the reduction of poverty. As of November 2018, the largest recipients of world bank loans were India and China, through loans from IBRD.

Tags OfficeNon-government Organisation
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Coordinates 17°58'20.933" N 102°37'17.374" E

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