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Major Mike

Knowledge is Power - Share the Power

Today in History 12/27/17

December 27, 2017 by GµårÐïåñ
World Bank Group President Jim Yong Kim in 2014 (© Saul Loeb/AFP/Getty Images)(1945) The World Bank and International Monetary Fund are created
First conceived at the Bretton Woods Conference in July 1944, the World Bank and International Monetary Fund are formally created to help Europe rebuild after World War II. Over time, their focus will shift to providing loans to address poverty.
The World Bank is an international financial institution that provides loans to countries of the world for capital programs. 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.
Website: www.worldbank.org
Founded: 1944
Headquarters: Washington, D.C., IL
CEO: Kristalina Georgieva (Since 2017)
Founders: John Maynard Keynes · Harry Dexter White
Subsidiaries: International Bank for Reconstruction and Development · International Development Association · Energy Sector Management Assistance Program · World Bank office, Chennai
Phone number: +1 2024731000

World Bank building at Washington
The World Bank Group headquarters bldg. in Washington, D.C.; Designed by Kohn Pedersen Fox.

wiki/World_Bank
4.8.d17

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Posted in: History Tagged: 1945, history
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