While it lends and even manages funds much like a regular bank, the World Bank is different in many important ways. It is owned by 184 countries. The financial support and advice the World Bank provides its member countries is designed to help them fight poverty. And unlike commercial banks, the World Bank often lends at little or no interest to countries that are unable to raise money for development anywhere else.
Showing posts with label Difference between the World Bank and a Commercial Bank?. Show all posts
Showing posts with label Difference between the World Bank and a Commercial Bank?. Show all posts
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