BNET Business Dictionary
Business Definition for: World Bank
- one of the largest sources of funding for less developed countries in the world. It is made up of five organizations: the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Multilateral Investment Guarantee Agency, and the International Centre for Settlement of Investment Disputes. The World Bank was founded at the 1944 Bretton Woods Conference and has over 180 member countries. Its head office is based in Washington, D.C., but the Bank has field offices in over 100 countries. Its focus has shifted dramatically since the 1980s, when over one-fifth of its lending was made up of investment in the power industry. Its current priorities are education, health, and nutrition in the most economically-challenged countries of the world.
Additional Resources
- ARGENTINA: WORLD BANK & IDB OFFER TO HELP ARGENTINA.
- The World Bank and the Inter-American Development Bank IDB have announced that they are prepared to step up payment of existing loans in order help Argentina. He World Bank and the IDB recently stated "The World Bank and the IDB stand ready to The World Bank...
- Research articles 2002-02-03
- World Bank Board unanimously confirms Paul D. Wolfowitz as 10th Bank President.
- M2 PRESSWIRE-1 April 2005-WORLD BANK: World Bank Board unanimously confirms Paul D. Wolfowitz as 10th Bank PresidentC1994-2005 M2 COMMUNICATIONS LTD RDATE:31032005 WASHINGTON - The Executive Directors of the World Bank met today to select a new President of the World Bank...
- Research articles 2005-04-01
- World Bank Managing Director Consults on World Bank Group's Contribution to Development and Opportunity in the Arab World.
- M2 PRESSWIRE-7 March 2008-The World Bank Group: World Bank Managing Director Consults on World Bank Group's Contribution to Development and Opportunity in the Arab WorldC1994-2008 M2 COMMUNICATIONS LTD RDATE:07032008 Dubai, UAE -- World Bank Managing Director Juan Jose Daboub...
- Research articles 2008-03-07
- WORLD BANK: World Bank launches World Links for Development program in Latin America
- M2 PRESSWIRE-5 June 1998-WORLD BANK: World Bank launches World Links for Development program in Latin America C1994-98 M2 COMMUNICATIONS LTD RDATE:040698 The World Bank officially launched its World Links for Development WorLD Program in Latin America this evening at the opening reception of the...
- Research articles 1998-06-05
- -WORLD BANK: World Bank and World Tourism Organization examine role of tourism in development
- M2 PRESSWIRE-30 June 1998-WORLD BANK: World Bank and World Tourism Organization examine role of tourism in development C1994-98 M2 COMMUNICATIONS LTD RDATE:250698 The World Bank Group and the World Tourism Organization Business Council came together this week in an unprecedented meeting to exchange ideas over the...
- Research articles 1998-06-30
- World Bank issues report on its environmental social commitments; Report a first for a multilateral development bank.
- M2 PRESSWIRE-4 February 2005-WORLD BANK: World Bank issues report on its environmental social commitments; Report a first for a multilateral development bankC1994-2005 M2 COMMUNICATIONS LTD RDATE:02032005 WASHINGTON - The World Bank today released its first sustainability review, World Bank: Focus on...
- Research articles 2005-02-04
- The World Bank Group a world free of poverty -- Afghanistan -- World Bank releases approach paper.
- M2 PRESSWIRE-7 November 2001-WORLD BANK GROUP: The World Bank Group a world free of poverty -- Afghanistan -- World Bank releases approach paper C1994-2001 M2 COMMUNICATIONS LTD RDATE:07112001 WASHINGTON -- The World Bank has released an approach paper on ...
- Research articles 2001-11-07
- TURKEY: AGRICULTURAL PROJECTS WB "STRATEGY LETTER" TO BE SIGNED.(World Bank)(Brief Article)
- According to Milliyet, the World Bank will provide Turkey with $ 600 million in six years for agricultural projects. Negotiations with the World Bank officials were completed and the "Strategy Letter" given by the World Bank will be signed According to Milliyet, the World Bank...
- Research articles 2001-06-07
- LEBANON: WORLD BANK'S OBLIGATIONS TOWARD LEBANON VALUED.(Brief Article)
- According to Al-Watan newspaper (September 30, 2003), the quarterly report issued by the World Bank shows that the World Bank is currently committed to 13 projects in Lebanon. The value of the World Bank's total financial obligation toward these proj According to Al-Watan newspaper (September 30,...
- Research articles 2003-10-01
- -WORLD BANK: World Bank, ILO to enhance cooperation.
- M2 PRESSWIRE-29 October 1998-WORLD BANK: World Bank, ILO to enhance cooperation C1994-98 M2 COMMUNICATIONS LTD RDATE:281098 The World Bank and the International Labor Organization held a high-level policy dialogue at World Bank headquarters today to explore how both organizations can increase...
- Research articles 1998-10-29
- WORLD BANK: World Bank launches first Kosovo project.
- M2 PRESSWIRE-17 November 1999-WORLD BANK: World Bank launches first Kosovo project C1994-99 M2 COMMUNICATIONS LTD RDATE:161199 WASHINGTON -- The World Bank and the Kosovo Foundation for Open Society KFOS today announced the establishment of a new initiative to help the people...
- Research articles 1999-11-17
- WORLD BANK: World Bank backs the UN Convention to CoCombat Desertification.
- M2 PRESSWIRE-16 November 1999-WORLD BANK: World Bank backs the UN Convention to Combat Desertification C1994-99 M2 COMMUNICATIONS LTD RDATE:151199 RECIFE, BRAZIL -- The World Bank's support for the efforts of its client countries to implement the United Nations Convention to Combat...
- Research articles 1999-11-16
- WORLD BANK: World bank releases Turkish earthquake damage assessment.
- M2 PRESSWIRE-16 September 1999-WORLD BANK: World bank releases Turkish earthquake damage assessment C1994-99 M2 COMMUNICATIONS LTD RDATE:150999 ANKARA -- The World Bank today released its findings on the impact of the Marmara earthquake on the Turkish economy and the likely costs of...
- Research articles 1999-09-16
- WORLD BANK: World bank debars firm for misrepresenting prior experience.
- M2 PRESSWIRE-15 April 1999-WORLD BANK: World bank debars firm for misrepresenting prior experience - sanction to last 18 months C1994-99 M2 COMMUNICATIONS LTD RDATE:140499 WASHINGTON -- The World Bank has declared Berga S.p.A., of Quinto di Treviso, Italy ("Berga"), ineligible to...
- Research articles 1999-04-15
- WORLD BANK: World Bank presents development agenda tailored for small states.
- M2 PRESSWIRE-19 February 1999-WORLD BANK: World Bank presents development agenda tailored for small states C1994-99 M2 COMMUNICATIONS LTD RDATE:180299 SAINT LUCIA -- At the commencement of the Commonwealth-World Bank Task Force on Small States, the World Bank proposed today a development...
- Research articles 1999-02-19
- World Bank President and D.C. Mayor participate in clean-up of Anacostia River Islands; World Bank volunteers lend brains, brawn, and birds to Kingman and Heritage Islands.
- M2 PRESSWIRE-21 June 2001-WORLD BANK: World Bank President and D.C. Mayor participate in clean-up of Anacostia River Islands; World Bank volunteers lend brains, brawn, and birds to Kingman and Heritage Islands C1994-2001 M2 COMMUNICATIONS LTD RDATE:21062001 WASHINGTON -- Today,...
- Research articles 2001-06-21
- World Bank Vice President for East Asia and Pacific Region visits China; Visit highlights World Bank-China 20 year relationship.
- M2 PRESSWIRE-30 March 2001-WORLD BANK: World Bank Vice President for East Asia and Pacific Region visits China; Visit highlights World Bank-China 20 year relationship C1994-2001 M2 COMMUNICATIONS LTD RDATE:29032001 BEIJING -- Jemal-ud-din Kassum, World Bank Vice President for the ...
- Research articles 2001-03-30
- World Bank Committed to Staying Engaged in Improving Management of Congolese Forests; World Bank Board Discusses Inspection Panel Investigation of Forest Sector Operations in the Democratic Republic of Congo.
- M2 PRESSWIRE-16 January 2008-WORLD BANK GROUP: World Bank Committed to Staying Engaged in Improving Management of Congolese Forests; World Bank Board Discusses Inspection Panel Investigation of Forest Sector Operations in the Democratic Republic of CongoC1994-2008 M2 COMMUNICATIONS LTD RDATE:15012008 ...
- Research articles 2008-01-16
- World Bank to renew Joint Japan-World Bank Scholarship with John F.Kennedy School of Government at Harvard.
- M2 PRESSWIRE-4 April 2008-The World Bank Group: World Bank to renew Joint Japan-World Bank Scholarship with John F.Kennedy School of Government at HarvardC1994-2008 M2 COMMUNICATIONS LTD RDATE:03042008 CAMBRIDGE, Mass. -- World Bank President Robert Zoellick said today that the...
- Research articles 2008-04-04
- WORLD BANK TO OFFER USD 1 BILLION LOAN TO GUANGDONG
- AsiaInfo Services 11-26-2003 World Bank to Offer USD 1 Billion Loan to Guangdong GUANGDONG, Nov 26, 2003 SinoCast via COMTEX -- Zeng Yuchang, vice-director of the Guangdong loan transaction office of World Bank, said the World Bank would offe AsiaInfo...
- Research articles 2003-11-26
