The World Bank

The World Bank is a vital source of financial and technical assistance to developing countries around the world. The World Bank is a unique partnership to reduce poverty and support development. Established in 1944, the World Bank Group is headquartered in Washington, D.C. and has more than 10,000 employees in more than 120 offices worldwide. The World Bank provides low-interest loans, interest-free credits, and grants to developing countries. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management.