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November 27, 2015 7:42 AM ET


Company Overview of The World Bank Group

Company Overview

The World Bank Group provides financial and technical assistance services for the developing countries. It offers low-interest loans, interest-free credits, and grants for education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. The company also provides analytical services such as poverty assessments, public expenditure reviews, country economic reports, sector reports, and capacity building; advisory services that include foreign investment, investment promotion, and treasury client services; and consulting services. In addition, it offers financing for businesses and governments; gua...

1818 H Street NW

Washington, DC 20433

United States

Founded in 1944





Key Executives for The World Bank Group

Age: 55
Chair, Chief Operating Officer, and Managing Director
Chief Financial Officer and Managing Director
Age: 47
Senior Vice President and General Counsel
Managing Director of Human Development Network
Age: 67
Compensation as of Fiscal Year 2015.

The World Bank Group Key Developments

The World Bank Group Presents at 13th Annual African Capital Markets Conference, Nov-26-2015 through Nov-27-2015

The World Bank Group Presents at 13th Annual African Capital Markets Conference, Nov-26-2015 through Nov-27-2015. Venue: Cape Town International Convention Centre (CTICC), Convention Square, 1 Lower Long Street, Cape Town, 8001, South Africa. Presentation Date & Speakers: Nov-26-2015, Arunma Oteh, Vice President and Treasurer, Gloria Grandolini, Director for Global Practices of Finance & Markets. Nov-27-2015, Gloria Grandolini, Director for Global Practices of Finance & Markets.

The World Bank Group Presents at OECD Long-Term Investment Financing Conference 2015, Nov-19-2015 02:55 PM

The World Bank Group Presents at OECD Long-Term Investment Financing Conference 2015, Nov-19-2015 02:55 PM. Venue: Paris, France. Speakers: Yann Burtin, Senior Underwriter, MIGA.

PSBC Stake May Reportedly Be Sold Before IPO

Stake in China Post Group Corporation’s unit, Postal Savings Bank of China Corporation Limited (PSBC) may be sold. People close to the matter indicated that the potential sale of a 15% stake mainly to foreign investors ahead of a planned up to $20 billion IPO in Hong Kong in 2016 is likely to close soon. They also indicated that the stake is worth $8 billion. People close to the matter, seeking anonymity, said, “You will always find demand for these types of deals. Chinese financials are such an important part of the economy and the stock market.” Citing unnamed sources, Thomson Reuters publication IFR had reported that UBS Group AG (SWX:UBSG); had put up $2 billion for the stake sale and placed some of the shares with buyers including Hong Kong tycoons. Other investors in the group included Temasek Holdings (Private) Limited, JPMorgan Chase & Co. (NYSE:JPM), and The World Bank Group’s International Finance Corporation (IFC), IFR added. According to the news report, UBS, Temasek and JPMorgan, declined to comment while IFC did not immediately respond for comment. It was not immediately possible to contact the relevant PSBC officials, it further added.

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