World Bank Group

The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. Its five organizations are:

• the International Bank for Reconstruction and Development (IBRD)
• the International Development Association (IDA)
• the International Finance Corporation (IFC)
• the Multilateral Investment Guarantee Agency (MIGA)
• the International Centre for Settlement of Investment Disputes (ICSID) The first two are sometimes collectively referred to as the World Bank.