The World Bank is an international financial institution that provides loans to countries of the world for capital projects. It comprises two institutions: the International Bank for Reconstruction and Development, and the International Development Association. The World Bank is a component of the World Bank Group. President: Jim Yong Kim Trending CEO: Kristalina Georgieva (2 Jan 2017–) Headquarters: Washington, D.C., United States Parent organization: World Bank Group Purpose: Economic development Subsidiaries: World Bank, International Finance Corporation,

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