World Bank Group

The World Bank Group ranks 10th on the list of the largest financial service companies in Croatia by market cap. The World Bank Group is a major source of finance and information for developing countries around the world. Its five institutions are all dedicated to decreasing poverty, increasing shared prosperity, and fostering long-term development.

The World Bank Group is a unique global partnership: five organizations working for sustainable solutions that reduce poverty and generate shared prosperity in developing nations. It has 189 member countries, workers from more than 170 countries, and offices in over 130 places. Their core principles encapsulate what is most important to them as an organization, as well as how they interact with one another, their clients, and their partners. They influence their judgments and actions in carrying out their objectives.

IBRD and IDA work together to establish the World Bank, which offers finance, policy advice, and technical help to governments in developing countries. IBRD aids middle-income and creditworthy poorer countries, whereas IDA concentrates on the world's poorest countries. Despite the fact that each of their five institutions has its own country membership, governing boards, and articles of agreement, they work together to assist their partner countries.

Today's development difficulties can only be met with the participation of the private sector. However, the public sector lays the foundation for private investment to thrive. Because of their institutions' complementary missions, the World Bank Group has a unique ability to connect global financial resources, knowledge, and innovative solutions to the needs of developing countries.

Founded: 1944
Headquarters: Washington, D.C., USA
Website: worldbank.org/en/home