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The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. [5] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA ...
World Bank Group. The World Bank Group ( WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
The African Development Bank Group ( AfDB) or Banque Africaine de Développement ( BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. [1] [2] The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).
The Bank of London is a British clearing, correspondent and wholesale bank operating in the United Kingdom, the United States and Europe. [1] The bank was founded by Anthony Watson. [2] [3] In 2021, Harvey Schwartz was appointed as Group Chairperson and Non-executive Director. [4] The bank launched on 30th November 2021 and in doing so became ...
The chief economist of the World Bank (full title: Senior Vice President for Development Economics and Chief Economist of the World Bank Group) is the senior economist at the World Bank Group, tasked with providing intellectual leadership and direction to the bank's overall international development strategy and economic research agenda, at global, regional and country levels.
The World Bank Institute is the capacity building branch of the World Bank. It provides learning programs, policy advice and technical assistance to policy makers, government and non-government agencies, and development practitioners of developing countries. Capacity for Development is defined by the WBI as "the ability of individuals ...
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