Can you please tell me when World Bank was established and where?
Others answers (1)
- eAnswers...Feb 11, 2013
The World Bank, established in Dec 27 1945, in Washington DC, US is an international development agency providing loans, advice, and other services to over 100 countries. It is owned and operated by its 180 member countries. Its funds are raised through world markets and contributions from member governments. Its divisions include the International Bank for Reconstruction & Development, The International Development Association, The International Finance Corporation, The Multilateral Investment Guarantee Agency, and The International Center for Settlement of Investment Disputes. The World Bank offers more development assistance than any other organization worldwide, at US $20 billion annually.
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