World Bank


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World Bank

n
(Banking & Finance) an international cooperative organization established in 1945 under the Bretton Woods Agreement to assist economic development, esp of backward nations, by the advance of loans guaranteed by member governments. Officially called: International Bank for Reconstruction and Development

World′ Bank′


n.
a specialized agency of the United Nations that furthers the economic development of member nations, chiefly through guaranteed loans. Official name, International Bank for Reconstruction and Development.

World Bank

An international cooperative financial organization that gives loans to developing countries.
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Noun1.World Bank - a United Nations agency created to assist developing nations by loans guaranteed by member governments
UN agency, United Nations agency - an agency of the United Nations
References in periodicals archive ?
A review mission of the World Bank has not authorised preparations for the loan to continue, according to the Programme Information Document of the Development Policy Credit.
The World Bank projected the Philippines' gross domestic product (GDP) to grow 6.
The World Bank showed interest in having an analytical study of different terminals at Karachi so that in future it would be easy for any business part to select a transport mode for movement of freight.
The interest was shown by a delegation of the World Bank, headed by Olivier Le Ber, Transport Manager the World Bank, in a meeting with the officials of the Ministry of Railways here.
Finance Ministry has issued a schedule pertaining to the arrival of the World Bank delegation.
BEIRUT: Finance Minister Ali Hasan Khalil signed a $404 million deal with the World Bank Wednesday to fund projects in the education and transportation sectors.
The minister appreciated the World Bank for its support on various projects and voiced satisfaction on the progress achieved so far on the projects.
Cross debarment in accordance with the Agreement for Mutual Enforcement of Debarment Decisions dated April 9, 2010, which, as of July 1, 2011, has been made effective by the World Bank, ADB, European Bank for Reconstruction and Development, Inter-American Development Bank and African Development Bank,' the World Bank said.
The World Bank continues its activities in the Republic of Macedonia, cooperating with the current technical government.
Muscat: Oman and the World Bank signed an agreement for technical cooperation with the World Bank and discussed means of developing the macroeconomic model of the Sultanate.
Malaysia and the World Bank Group are said to be finalising an Office Support Agreement that would see the World Bank establish an office in the nation.
French provider of financial services BNP Paribas on Friday announced that with the World Bank it has launched another equity-index linked green bond for a European pension fund, the second this year

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