Read the article titled "World Bank." What is the World Bank, and when was it created?

The 'World Bank' is a unique global partnership fighting poverty throughout the world through sustainable solutions. It represents an international financial institution that is providing loans for all of it's member countries (189 at the moment) for capital projects. The 'World Bank' comprises two institutions: the International Development Association, and the International Bank of Reconstruction and Development. This organization was formed in July 1945.