The bank’s first members in 1945 were 26 countries, including the U.S., the U.K., Mexico, France, and China. To become a member of the World Bank, a nation must first be a part of the IMF.

World Bank member nations split over plans to expand balance sheet on whatsapp (opens in a new window) Save. Camilla Hodgson in London and Aime Williams in Washington. Published February 20 2023.

BRICS group to launch new guarantee fund through NDB to boost investment and lower financing costs, Reuters reports.

The bank’s members approved on Sunday an $86.2 billion general capital increase, bringing the bank’s total subscribed capital, not counting about $26 billion in reserves, to $276.1 billion.

The nuclear renaissance has come to the World Bank, but obstacles still remain with regard to funding and liabilities.

Prior to the transaction, the World Bank held a global call to update select investors on the World Bank’s plans to support member countries in their efforts to address the human and economic impacts ...

Washington, D.C., April 16, 2020 – The World Bank (International Bank for Reconstruction and Development, Aaa/AAA) today priced an 8-year EUR 3 billion benchmark bond to support the financing of ...

WASHINGTON — The World Bank meetings were supposed to be a first step in a new era of affordable loans for developing nations hard hit by climate change like Prime Minister Mia Mottley’s ...

The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank (NDB) to lower financing costs and boost investment, two people familiar with the ...