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World Bank Group

World Bank Group

Group of five international organizations that make leveraged loans to developing countries

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Overview

The World Bank Group is an organization founded on December 27, 1945, and headquartered in Washington, D.C., United States. It operates in the spectrum management industry. The World Bank Group has two subsidiaries: the International Bank for Reconstruction and Development and the World Bank.

Axel van Trotsenburg is the current CEO of the World Bank Group. The organization had previously been led by Kristalina Georgieva and Jim Yong Kim.

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