The World Bank is a United Nations international financial institution. This bank offers loans to countries for capital programming.
Jason A. Kirk has written: 'India and the World Bank' -- subject(s): World Bank, Foreign Loans, Economic assistance, Economic conditions 'India and the World Bank' -- subject(s): World Bank, Foreign Loans, Economic assistance, Economic conditions
reconstruction and development
The World Bank is the bank used by the United Nations. It provides loans to countries that are developing in hopes to develop more capital.
One of the functions of the world bank includes granting reconstruction loans to the war devastated countries. The other function is granting development loans to the underdeveloped countries.
Developing countries get loans from the World Bank to finance their projects. However, in many occasions these loans are subject to political and social conditions imposed on the borrowing country.
it support commercial bank by directing them in sectors for loans should be given.it serves as a mother bank to all banks in the world.
To promote sustainable development
The world bank lends money to memeber nation so that they could be carry out the work of public importance and usefulness.
The World Bank is a United Nations international financial institution that provides loans to developing countries for capital programs.
The world bank offers low interest loans to developing nations.
Bank of America gives many types of loans. They give home loans, auto loans, school loans, and refinance loans. These loans are offered online at the official Bank of America website.