The World Bank Group is a family of five international organizations that make leveraged loans to developing countries. The group is the largest development bank in the world. It is headquartered in W
The World Bank Group building (Washington, D.C.)
Harry Dexter White (left) and John Maynard Keynes, the "founding fathers" of both the World Bank and the International Monetary Fund (IMF)
The Gold Room at the Mount Washington Hotel where the International Monetary Fund and World Bank were established
The World Bank Sign on the building
The International Monetary Fund is an international financial institution and a specialized agency of the United Nations, headquartered in Washington, D.C. It consists of 191 member countries, and its
World Bank Group
…group, the IBRD and IDA were collectively known as the World Bank due to their emphasis on global lending. The World Bank was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. Initially, its loans helped rebuild countries devastated by World War II. Over time, it has shifted its focus to…
Headquarters in Washington, D.C.
Plaque Commemorating the Formation of the IMF in July 1944 at the Bretton Woods Conference
First page of the Articles of Agreement of the International Monetary Fund, 1 March 1946, Finnish Ministry of Foreign Affairs archives