What are the five groups of the World Bank?

Written by Editorial Team | Last Updated: August 2026

The World Bank Group comprises five distinct yet closely affiliated international organizations dedicated to reducing global poverty and promoting shared economic prosperity. These institutions include the International Bank for Reconstruction and Development, which provides loans to middle-income developing countries; the International Development Association, offering concessional credits to the world's poorest nations; the International Finance Corporation, focusing exclusively on private sector development; the Multilateral Investment Guarantee Agency, providing political risk insurance; and the International Centre for Settlement of Investment Disputes.

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