| Details | |||
|---|---|---|---|
| Website | World Bank | ||
| Credit Agency Name | Credit Rating | Outlook | |
| Corporate credit rating(s) | Standard & Poors (S&P) | AAA | Stable |
| Moody's Investors Services | Aaa | Stable | |
| Fitch Ratings | AAA | Stable | |
|
Description |
Legally, the issuer is International Bank for Reconstruction and Development (IBRD), commonly known as the World Bank. The IBRD is part of the World Bank. The World Bank is not a bank in the common sense; it is made up of two unique development institutions owned by 187 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).
Together, the IBRD and the IDA provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management. |