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Definition of Personal Finance

General Finance Articles > Article: Definition of Personal Finance

The World Bank is an international financial institution that provides loans and grants to poorer countries as a measure to reduce poverty. Throughout the years, it has set up branches in more than 100 countries around the world. The World Bank low interest loans have helped many developing nations achieve success in capital programs that have brought considerable improvements to their economies.

The World Bank headquarters is located at 1818, H Street NW, Washington DC, USA. The main complex of the bank is a 13-storey building that is comprised of five floors of office space and an underground parking area. Another popular World Bank location in the US is the New York World Bank Office, which is situated at 1 Dag Hammarskjold Plaza, 885, 2nd Avenue, 26th Floor, New York.
The European World Bank headquarters is in Paris, France, and other major branches of the bank can be found in Brussels, Frankfurt, Geneva, London, Rome, and Tokyo.


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