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Home » Glossary

World Bank

Updated on August 29, 2023

The World Bank Group is a global financial institution and a unique global partnership. It works in every major area of development and provides an ensemble of financial products, innovative solutions and technical assistance to countries. The 5 institutions of the World Bank are-

  • The International Finance Corporation (IFC)
  • The International Centre for Settlement of Investment Disputes (ICSID)
  • The Multilateral Investment Guarantee Agency (MIGA)
  • The International Bank for Reconstruction and Development (IBRD)
  • The International Development Association (IDA)

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