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We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face.</p> </div> </div><!--end left column--> <div class="col-lg-8 col-md-8 col-sm-12"> <div class="lp__megamenu_right_col row"> <div class="col-lg-7 col-md-7 col-sm-7"> <div class="row"> <div class="lp__megamenu_sublist col-lg-7 col-md-7 col-sm-7"> <div class="h5" role="heading" aria-level="2" tabindex="0">Development Projects</div> <ul> <li><a href="https://projects.worldbank.org"><span class="lp__megamenu_highlight_item">Projects</span></a></li> <li><a href="https://projects.worldbank.org/country?lang=en&page=">By Country</a></li> <li><a href="https://projects.worldbank.org/sector?lang=en&page=">By Sector</a></li> <li><a href="https://projects.worldbank.org/theme?lang=en&page=">By Theme</a></li> <li><a href="https://www.worldbank.org/en/projects-operations/country-strategies"><span 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Development Association (IDA)</a></li> <li ><a href="https://www.worldbank.org/en/who-we-are/news/coronavirus-covid19">COVID-19 Hub</a></li> </ul> </div> </div> </div> <div class="col-lg-5 col-md-5 col-sm-5"> <div class="row"> <div class="lp__megamenu_sublist col-lg-6 col-md-6 col-sm-6"> <div class="h5" role="heading" aria-level="2" tabindex="0">Knowledge</div> <ul> <li><a href="https://www.worldbank.org/en/research">Research & Publications</a></li> <li><a href="https://data.worldbank.org/">Data</a></li> <li><a href="https://olc.worldbank.org/">Learning</a></li> <li><a href="https://www.worldbank.org/en/topic">Development Topics</a></li> <li><a href="https://openknowledge.worldbank.org/">Open Knowledge Repository</a></li> <li><a href="https://www.worldbank.org/en/programs/trust-funds-and-programs">Trust Fund Directory</a></li> </ul> </div> <div class="lp__megamenu_sublist col-lg-6 col-md-6 col-sm-6"> <div class="h5" role="heading" aria-level="2" tabindex="0">Products & Services</div> <ul> <li><a href="https://www.worldbank.org/en/projects-operations/products-and-services">Financing Products & Advisory Services</a></li> <li><a href="https://treasury.worldbank.org/">Treasury</a></li> <li><a href="https://www.worldbank.org/assetmanagement">Asset Management</a></li> </ul> </div> </div> </div> </div><!-- end col --> </div> </div><!-- end col --> </div> </div> </li> <li class="lp__megamenu_list"> <a href="/en/where-we-work" class="lp__megamenu_item" aria-label="where we work">WHERE WE WORK</a> <div class="lp__megamenu_dropdown hidden-xs hidden-sm"> <div class="container"> <div class="row"> <div class="col-lg-5 col-md-5 col-sm-12"> <div class="lp__megamenu_left_col padd-32"> <div class="header-search-section lp__countrysearch"> <div class="dropdown"> <label class="h5" for="search-country">Countries</label> <form data-csearch="https://www.worldbank.org/en/where-we-work" id="csearch" class="input-group" name="searchbox" onsubmit="javascript:WriteCookie();" method="get"> 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</li> <li class="tt-suggestion" data-original-index="17"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/bosniaandherzegovina">Bosnia and Herzegovina</a> </li> <li class="tt-suggestion" data-original-index="18"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/botswana">Botswana</a> </li> <li class="tt-suggestion" data-original-index="19"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/brazil">Brazil</a> <ul> <li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/brazil">Português</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="20"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/bulgaria">Bulgaria</a> <ul> <li lang="bg"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/bg/country/bulgaria">Български</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="21"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/burkinafaso">Burkina Faso</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/burkinafaso">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="22"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/burundi">Burundi</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/burundi">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="23"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caboverde">Cabo Verde</a> <ul> <li lang="pt"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/caboverde">Português</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="24"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/cambodia">Cambodia</a> <ul> <li lang="km"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/km/country/cambodia">ភាសាខ្មែរ</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="25"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/cameroon">Cameroon</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/cameroon">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="26"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/canada">Canada</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/canada">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="27"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/centralafricanrepublic">Central African Republic</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/centralafricanrepublic">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="28"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/chad">Chad</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/chad">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="29"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/chile">Chile</a> <ul> <li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/chile">Español</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="30"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/china">China</a> <ul> <li lang="zh"><a class="lang-list dropdown-item tt-menu-list" href="https://www.shihang.org/zh/country/china">中文</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="31"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/colombia">Colombia</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/colombia">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="32"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/comoros">Comoros</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/comoros">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="33"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/drc">Democratic Republic of Congo</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/drc">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="34"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/congo">Republic of Congo</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/congo">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="35"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/costarica">Costa Rica</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/costarica">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="36"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/cotedivoire">Cote d'Ivoire</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/cotedivoire">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="37"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/croatia">Croatia</a> </li> <li class="tt-suggestion" data-original-index="38"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Czech Republic</a> </li> <li class="tt-suggestion" data-original-index="39"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/denmark">Denmark</a> </li> <li class="tt-suggestion" data-original-index="40"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/djibouti">Djibouti</a> </li> <li class="tt-suggestion" data-original-index="41"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Dominica</a> </li> <li class="tt-suggestion" data-original-index="42"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/dominicanrepublic">Dominican Republic</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/dominicanrepublic">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="43"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ecuador">Ecuador</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/ecuador">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="44"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/egypt">Egypt</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/egypt">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="45"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/elsalvador">El Salvador</a> <ul><li lang="es"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/elsalvador">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="46"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/equatorialguinea">Equatorial Guinea</a> </li> <li class="tt-suggestion" data-original-index="47"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/eritrea">Eritrea</a> </li> <li class="tt-suggestion" data-original-index="48"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/estonia">Estonia</a> </li> <li class="tt-suggestion" data-original-index="49"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ethiopia">Ethiopia</a> </li> <li class="tt-suggestion" data-original-index="50"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/westerneurope">Europe (Western)</a> </li> <li class="tt-suggestion" data-original-index="51"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Fiji</a> </li> <li class="tt-suggestion" data-original-index="52"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/finland">Finland</a> </li> <li class="tt-suggestion" data-original-index="53"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/france">France</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/france">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="54"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/gabon">Gabon</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/gabon">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="55"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/gambia">The Gambia</a> </li> <li class="tt-suggestion" data-original-index="56"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/georgia">Georgia</a> </li> <li class="tt-suggestion" data-original-index="57"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/germany">Germany</a> </li> <li class="tt-suggestion" data-original-index="58"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ghana">Ghana</a> </li> <li class="tt-suggestion" data-original-index="59"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/greece">Greece</a> </li> <li class="tt-suggestion" data-original-index="60"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Grenada</a> </li> <li class="tt-suggestion" data-original-index="61"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/guatemala">Guatemala</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/guatemala">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="62"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/guinea">Guinea</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/guinea">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="63"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/guineabissau">Guinea-Bissau</a> <ul><li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/guineabissau">Português</a></li></ul> </li> <li class="tt-suggestion" data-original-index="64"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Guyana</a> </li> <li class="tt-suggestion" data-original-index="65"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/haiti">Haiti</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/haiti">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="66"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/honduras">Honduras</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/honduras">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="67"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Hungary</a> </li> <li class="tt-suggestion" data-original-index="68"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/iceland">Iceland</a> </li> <li class="tt-suggestion" data-original-index="69"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/india">India</a> <ul><li lang="hi"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/hi/country/india">Hindi</a></li></ul> </li> <li class="tt-suggestion" data-original-index="70"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/indonesia">Indonesia</a> <ul><li lang="in"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/in/country/indonesia">Bahasa</a></li></ul> </li> <li class="tt-suggestion" data-original-index="71"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/iran">Iran</a> </li> <li class="tt-suggestion" data-original-index="72"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/iraq">Iraq</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/iraq">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="73"> <a class="country-name dropdown-item tt-menu-list" href="https://data.worldbank.org/country/israel">Israel</a> </li> <li class="tt-suggestion" data-original-index="74"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/italy">Italy</a> </li> <li class="tt-suggestion" data-original-index="75"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/jamaica">Jamaica</a> </li> <li class="tt-suggestion" data-original-index="76"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/japan">Japan</a> <ul><li lang="ja"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/ja/country/japan">日本語</a></li></ul> </li> <li class="tt-suggestion" data-original-index="77"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/jordan">Jordan</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/jordan">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="78"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kazakhstan">Kazakhstan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/kazakhstan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="79"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kenya">Kenya</a> </li> <li class="tt-suggestion" data-original-index="80"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Kiribati</a> </li> <li class="tt-suggestion" data-original-index="81"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/korea">Korea</a> </li> <li class="tt-suggestion" data-original-index="82"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kosovo">Kosovo</a> </li> <li class="tt-suggestion" data-original-index="83"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">Kuwait</a> </li> <li class="tt-suggestion" data-original-index="84"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kyrgyzrepublic">Kyrgyz Republic</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/kyrgyzrepublic">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="85"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/lao">Lao PDR</a> </li> <li class="tt-suggestion" data-original-index="86"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/latvia">Latvia</a> </li> <li class="tt-suggestion" data-original-index="87"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/lebanon">Lebanon</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/lebanon">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="88"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/lesotho">Lesotho</a> </li> <li class="tt-suggestion" data-original-index="89"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/liberia">Liberia</a> </li> <li class="tt-suggestion" data-original-index="90"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/libya">Libya</a> <ul><li lang="ar"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/libya">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="91"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/lithuania">Lithuania</a> </li> <li class="tt-suggestion" data-original-index="92"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/luxembourg">Luxembourg</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/luxembourg">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="93"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/macedonia">FYR of Macedonia</a> <ul><li lang="mk"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/mk/country/macedonia">македонски</a></li></ul> </li> <li class="tt-suggestion" data-original-index="94"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/madagascar">Madagascar</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/madagascar">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="95"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/malawi">Malawi</a> </li> <li class="tt-suggestion" data-original-index="96"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/malaysia">Malaysia</a> </li> <li class="tt-suggestion" data-original-index="97"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/maldives">Maldives</a> </li> <li class="tt-suggestion" data-original-index="98"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mali">Mali</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/mali">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="99"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Marshall Islands</a> </li> <li class="tt-suggestion" data-original-index="100"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mauritania">Mauritania</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/mauritania">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="101"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mauritius">Mauritius</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/mauritius">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="102"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mexico">Mexico</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/mexico">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="103"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">FS Micronesia</a> </li> <li class="tt-suggestion" data-original-index="104"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/moldova">Moldova</a> <ul><li lang="ro"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/ro/country/moldova">română</a></li></ul> </li> <li class="tt-suggestion" data-original-index="105"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mongolia">Mongolia</a> <ul><li lang="mn"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/mn/country/mongolia">Монгол</a></li></ul> </li> <li class="tt-suggestion" data-original-index="106"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/montenegro">Montenegro</a> </li> <li class="tt-suggestion" data-original-index="107"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/morocco">Morocco</a> <ul> <li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/morocco">عربي</a></li> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/morocco">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="108"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mozambique">Mozambique</a> <ul><li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/mozambique">Português</a></li></ul> </li> <li class="tt-suggestion" data-original-index="109"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/myanmar">Myanmar</a> </li> <li class="tt-suggestion" data-original-index="110"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/namibia">Namibia</a> </li> <li class="tt-suggestion" data-original-index="111"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/nepal">Nepal</a> </li> <li class="tt-suggestion" data-original-index="112"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/netherlands">Netherlands</a> </li> <li class="tt-suggestion" data-original-index="113"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/nicaragua">Nicaragua</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/nicaragua">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="114"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/niger">Niger</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/niger">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="115"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/nigeria">Nigeria</a> </li> <li class="tt-suggestion" data-original-index="116"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/norway">Norway</a> </li> <li class="tt-suggestion" data-original-index="117"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">Oman</a> </li> <li class="tt-suggestion" data-original-index="118"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pakistan">Pakistan</a> </li> <li class="tt-suggestion" data-original-index="119"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Palau</a> </li> <li class="tt-suggestion" data-original-index="120"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/panama">Panama</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/panama">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="121"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/png">Papua New Guinea</a> </li> <li class="tt-suggestion" data-original-index="122"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/paraguay">Paraguay</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/paraguay">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="123"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/peru">Peru</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/peru">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="124"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/philippines">Philippines</a> </li> <li class="tt-suggestion" data-original-index="125"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/poland">Poland</a> <ul><li lang="pl"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pl/country/poland">Polski</a></li></ul> </li> <li class="tt-suggestion" data-original-index="126"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/portugal">Portugal</a> </li> <li class="tt-suggestion" data-original-index="127"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">Qatar</a> </li> <li class="tt-suggestion" data-original-index="128"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/romania">Romania</a> <ul><li lang="ro"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/ro/country/romania">Română</a></li></ul> </li> <li class="tt-suggestion" data-original-index="129"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/russia">Russia</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/russia">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="130"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/rwanda">Rwanda</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/rwanda">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="131"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Samoa</a> </li> <li class="tt-suggestion" data-original-index="132"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/saotome">Sao Tome and Principe</a> <ul><li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/saotome">Português</a></li></ul> </li> <li class="tt-suggestion" data-original-index="133"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/senegal">Senegal</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/senegal">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="134"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/serbia">Serbia</a> </li> <li class="tt-suggestion" data-original-index="135"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/seychelles">Seychelles</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/seychelles">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="136"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/sierraleone">Sierra Leone</a> </li> <li class="tt-suggestion" data-original-index="137"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/singapore">Singapore</a> </li> <li class="tt-suggestion" data-original-index="138"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Slovak Republic</a> </li> <li class="tt-suggestion" data-original-index="139"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Slovenia</a> </li> <li class="tt-suggestion" data-original-index="140"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Solomon Islands</a> </li> <li class="tt-suggestion" data-original-index="141"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/somalia">Somalia</a> </li> <li class="tt-suggestion" data-original-index="142"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/southafrica">South Africa</a> </li> <li class="tt-suggestion" data-original-index="143"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/southsudan">South Sudan</a> </li> <li class="tt-suggestion" data-original-index="144"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/spain">Spain</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/spain">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="145"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/srilanka">Sri Lanka</a> </li> <li class="tt-suggestion" data-original-index="146"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">St. Kitts and Nevis</a> </li> <li class="tt-suggestion" data-original-index="147"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">St. Lucia</a> </li> <li class="tt-suggestion" data-original-index="148"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">St. Vincent and Grenadines</a> </li> <li class="tt-suggestion" data-original-index="149"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/sudan">Sudan</a> </li> <li class="tt-suggestion" data-original-index="150"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Suriname</a> </li> <li class="tt-suggestion" data-original-index="151"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/swaziland">Swaziland</a> </li> <li class="tt-suggestion" data-original-index="152"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/sweden">Sweden</a> </li> <li class="tt-suggestion" data-original-index="153"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/switzerland">Switzerland</a> </li> <li class="tt-suggestion" data-original-index="154"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/syria">Syria</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/syria">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="155"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/tajikistan">Tajikistan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/tajikistan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="156"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/tanzania">Tanzania</a> </li> <li class="tt-suggestion" data-original-index="157"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/thailand">Thailand</a> <ul><li lang="th"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/th/country/thailand">ภาษาไทย</a></li></ul> </li> <li class="tt-suggestion" data-original-index="158"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/timor-leste">Timor Leste (East Timor)</a> </li> <li class="tt-suggestion" data-original-index="159"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/togo">Togo</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/togo">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="160"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Tonga</a> </li> <li class="tt-suggestion" data-original-index="161"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Trinidad and Tobago</a> </li> <li class="tt-suggestion" data-original-index="162"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/tunisia">Tunisia</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/tunisia">عربي</a></li></ul> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/tunisia">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="163"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/turkey">Turkey</a> <ul><li lang="tr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/tr/country/turkey">Türkçe</a></li></ul> </li> <li class="tt-suggestion" data-original-index="164"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/turkmenistan">Turkmenistan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/turkmenistan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="165"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Tuvalu</a> </li> <li class="tt-suggestion" data-original-index="166"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/uganda">Uganda</a> </li> <li class="tt-suggestion" data-original-index="167"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ukraine">Ukraine</a> <ul><li lang="uk"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/uk/country/ukraine">Yкраїнський</a></li></ul> </li> <li class="tt-suggestion" data-original-index="168"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">United Arab Emirates</a> </li> <li class="tt-suggestion" data-original-index="169"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/unitedkingdom">United Kingdom</a> </li> <li class="tt-suggestion" data-original-index="170"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/unitedstates">United States of America</a> </li> <li class="tt-suggestion" data-original-index="171"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/uruguay">Uruguay</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/uruguay">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="172"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/uzbekistan">Uzbekistan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/uzbekistan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="173"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Vanuatu</a> </li> <li class="tt-suggestion" data-original-index="174"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/venezuela">Venezuela</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/venezuela">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="175"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/vietnam">Vietnam</a> <ul><li lang="vi"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/vi/country/vietnam">Tiẽng Việt</a></li></ul> </li> <li class="tt-suggestion" data-original-index="176"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/westbankandgaza">West Bank and Gaza</a> <ul><li lang="ar"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/westbankandgaza">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="177"> <a class="country-name dropdown-item tt-menu-list" 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</div> </div> <div class="gridlayout parbase section"> <div class="row "> <div class="col-md-12 colsplit" id=""> <div class=" "> <div class="grid_12_par_0 parsys"> <div style="padding-left:0px;padding-right:0px;" class="remove-padding-grid" > <hr class="hidden-lg hidden-md"> <div class="multi_indepth parbase section"> <script src="/etc/designs/wbr/components/playvideo.js"></script> <script src="/etc/designs/wbrrdesign/components/audiotracking.js"></script> <div class="wbgindepth"> <section class="row _loop_slide_2"> <div class="col-lg-6 col-md-6 col-sm-6 col-xs-12"> <div class="card-v3-section"> <div class="card-wrapper _loop_indepth_card_wrapper"> <div class="card-img"> <a data-customlink='nl:body content' data-text="Image" href="https://www.youtube.com/watch?v=usBqJ-dmtk4&list=PLuz9mCSZhLGnT5FY36a0_Li2YH5bEN-RO&index=8" target="_blank"> <img class="img-responsive" src="/content/dam/photos/780x439/2024/sep/treasury-asset-management-elephants-zebra-780-439.png" title="elephants and zebras crossing field" alt="elephants and zebras crossing field"></a> </div> <!--End Of Image Div --> <!-- Feature Image Ends --> <div class="card-content "> <div class="hammer"> <span>Vision</span> </div> <h4> <a data-customlink='nl:body content' data-text="We are the trusted partner for public asset managers." href="https://www.youtube.com/watch?v=usBqJ-dmtk4&list=PLuz9mCSZhLGnT5FY36a0_Li2YH5bEN-RO&index=8" target="_blank"> We are the trusted partner for public asset managers. </a> </h4> <!--title ends --> <!-- Body Content starts --> <p class="card-description"> We reinvest in clients, not the bottom line, through our cooperative model. We are the oldest and largest central bank partnership dedicated to improving reserve management. </p> <!-- Sub Link Starts --> <div class="card-link "> <ul> <li><a data-customlink='nl:body content' data-text='Video: The Trusted Partner for Public Asset Managers' href='https://www.youtube.com/watch?v=usBqJ-dmtk4&list=PLuz9mCSZhLGnT5FY36a0_Li2YH5bEN-RO&index=8' target='_blank'>Video: The Trusted Partner for Public Asset Managers</a></li> </ul> </div> <!-- Sub Link Ends --> </div> </div> </div> </div> <div class="col-lg-6 col-md-6 col-sm-6 col-xs-12"> <div class="card-v3-section"> <div class="card-wrapper _loop_indepth_card_wrapper"> <div class="card-img"> <img class="img-responsive" src="/content/dam/photos/780x439/2024/sep/treasury-asset-management-thailand-hilltop-building-780-439.png" title="Thailand dramatic hilltop building in sunset" alt="Thailand dramatic hilltop building in sunset"> </div> <!--End Of Image Div --> <!-- Feature Image Ends --> <div class="card-content "> <div class="hammer"> <span>Mission</span> </div> <h4> We improve asset management to support stability, resilience, and prosperity. </h4> <!--title ends --> <!-- Body Content starts --> <p class="card-description"> We manage assets of the World Bank’s trust funds and over 70 public asset management institutions worldwide, including central banks, pension funds, sovereign wealth funds, and UN agencies--serving clients’ individual needs while striving to deliver returns above benchmarks. </p> </div> </div> </div> </div> </section> </div> <style> .card-content.card-content-center { text-align: center; padding-top: 16px; }</style></div> </div> </div> </div> </div> </div> <div class="clearfix"></div> <div style="margin-bottom: 36px"></div> </div> <div class="gridlayout parbase section"> <div class="row "> <div class="col-md-12 colsplit" id=""> <div class=" "> <div class="grid_12_par_0 parsys"> <div style="padding-left:0px;padding-right:0px;" class="remove-padding-grid" > <div class="redesign_static_content section"> </div> <hr class="hidden-lg hidden-md"> <div class="redesign_title parbase section"> <style> .heading-v1-center .lock-icon { color: #fff; border: 2px solid #fff; } </style></div> <div class="gridlayout parbase section"> <div class="row "> <div class="col-md-12 colsplit" id=""> <div class=" "> <div class="grid_12_par_0 parsys"> <div style="padding-left:0px;padding-right:0px;" class="remove-padding-grid" > <hr class="hidden-lg hidden-md"> <div class="multi_indepth parbase section"> <div class="wbgindepth"> <section class="row _loop_slide_2"> <div class="col-lg-6 col-md-6 col-sm-6 col-xs-12"> <div class="card-v3-section"> <div class="card-wrapper _loop_indepth_card_wrapper"> <div class="card-img"> <img class="img-responsive" src="/content/dam/photos/780x439/2023/may/treasury-ramp-asset-management-780x439.png" title="monitors with stochastic charts " alt="monitors with stochastic charts "> </div> <!--End Of Image Div --> <!-- Feature Image Ends --> <div class="card-content "> <div class="hammer"> <span>Services</span> </div> <h4> We manage assets for development partners, RAMP members & external clients. </h4> <!--title ends --> <!-- Body Content starts --> <p class="card-description"> As the largest asset manager in the development community, with over $80 billion of assets under management, we leverage our experience to improve public asset management worldwide. </p> </div> </div> </div> </div> <div class="col-lg-6 col-md-6 col-sm-6 col-xs-12"> <div class="card-v3-section"> <div class="card-wrapper _loop_indepth_card_wrapper"> <div class="card-img"> <img class="img-responsive" src="/content/dam/photos/780x439/2023/oct/treasury-abstract-2-780x439.png" title="world half globe view from space" alt="world half globe view from space"> </div> <!--End Of Image Div --> <!-- Feature Image Ends --> <div class="card-content "> <div class="hammer"> <span>Impact</span> </div> <h4> We work toward the Sustainable Development Goals. </h4> <!--title ends --> <!-- Body Content starts --> <p class="card-description"> Our work improving public asset management worldwide contributes to economic growth, climate action, strong institutions, and partnerships. </p> </div> </div> </div> </div> </section> </div> <style> .card-content.card-content-center { text-align: center; padding-top: 16px; }</style></div> </div> </div> </div> </div> </div> <div class="clearfix"></div> <div style="margin-bottom: 36px"></div> </div> <hr> <div class="redesign_title parbase section"> <div class="row"> <div class="heading-v1 "> <div class="col-lg-12 col-md-12 col-sm-12 col-xs-12"> <h2 style= 'color:#333;text-align:Left Align'>With over $80 billion of assets under management, we are the largest asset manager in the development community</h2> </div> </div> </div> <style> .heading-v1-center .lock-icon { color: #fff; border: 2px solid #fff; } </style></div> <hr> <div class="tab parbase section"> <section id="tabOffsetWrapper"> <tab> <tab-nav> <div class="_loop_wrapper"> <div class="_loop_scroller _loop_scroller-left"> « </div> <div class="_loop_scroller _loop_scroller-right"> » </div> <ul class="_loop_list"> <li><a data-customlink="tb:body content" onclick="_satellite.track('dynamicdata');" data-wbgtabidtabheader="1" class='_loop_tab_active' href="#1">Investment Approach</a></li> <li><a data-customlink="tb:body content" onclick="_satellite.track('dynamicdata');" data-wbgtabidtabheader="2" class="" href="#2">Investment Pool</a></li> <li><a data-customlink="tb:body content" onclick="_satellite.track('dynamicdata');" data-wbgtabidtabheader="3" class="" href="#3">Development Partners</a></li> <li><a data-customlink="tb:body content" onclick="_satellite.track('dynamicdata');" data-wbgtabidtabheader="4" class="" href="#4">RAMP Members</a></li> </ul> </div> </tab-nav> <tab-content> <ul class="_loop_tab_content_list" id="context"> <li class="tab_wbr _loop_tab_active" data-wbgtabidtabcontent="1"> <div class="tab-0 parsys"><div class="redesign_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-covid c14v1-body-text flipboard-keep " > <p><b>We put clients first. <br> </b>As trusted partners for public asset management institutions worldwide, seasoned portfolio managers have decades of experience delivering returns above benchmarks while meeting clients’ needs and guidelines.</p><p><b>We see opportunities where others see market inefficiencies. <br> </b>We manage benchmarked portfolios to generate consistent and incremental excess returns and control the risk of large drawdowns. We also actively manage model portfolio asset allocations for trust funds to reduce risk and increase alpha across different market segments.</p><p><b>We integrate ESG to improve financial outcomes.<br> </b>The World Bank trust funds sustainable fixed-income strategy seeks to build on historical investment objectives such as capital preservation and high liquidity by demonstrating that capital can contribute to sustainable development even before disbursement.</p> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> </div> </li> <li class="tab_wbr " data-wbgtabidtabcontent="2"> <div class="tab-4 parsys"><div class="redesign_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-covid c14v1-body-text flipboard-keep " > <p><b>All trust funds and FIF assets administered by the World Bank are maintained in a commingled investment portfolio (the “Pool”).</b> To accommodate varying investment horizons and risk tolerances of individual trust funds and FIFs, the Pool comprises of sub-portfolios, called model portfolios, in which trust funds and FIFs liquid assets can be invested.</p><p>The Pool provides several benefits to its participants, such as:</p><ul><li>A selection of model portfolios to accommodate various liquidity needs and risk preferences of different funds, managed within a comprehensive risk management framework.</li><li>Access to a wide variety of investment products and longer maturity investments to enhance returns and investment income over time.</li><li>A cost-effective investment platform resulting in low administrative costs to participants.</li><li>Regular review of liquidity needs across funds to optimize investments over the longer term.<br></li></ul><p> </p><p><b>Asset Classes</b></p><table border="1" cellspacing="0" cellpadding="0"><tbody><tr><td width="168" valign="top"><p><b>Asset Class Asset Description</b></p></td><td width="456" valign="top"><p><b>Asset Class Asset Description</b></p></td></tr><tr><td width="168" valign="top"><p>Domestic Government Securities</p></td><td width="456" valign="top"><p>Marketable bonds, notes or other obligations issued or unconditionally guaranteed by the government of a country in its own domestic currency and approved by the World Bank’s Credit Committee.</p></td></tr><tr><td width="168" valign="top"><p>Mortgage-backed Securities (MBS)</p></td><td width="456" valign="top"><p>US Agency-guaranteed residential mortgage-backed securities (MBS), including fixed-rate pass-throughs, adjustable-rate mortgages (ARMs), interest-only (IO) and principal-only (PO) strips, and collateralized mortgage obligations (CMOs).</p></td></tr><tr><td width="168" valign="top"><p>AAA Corporate Securities</p><p>(incl. Asset Backed Securities)</p></td><td width="456" valign="top"><p>AAA-rated asset-backed securities (ABS) including Collateralized Debt Obligations (CLOs), backed by student loans, auto and credit card receivables, public sector loans or prime first lien residential mortgages and domiciled in an eligible country, and any other AAA-rated obligations of a corporate entity.</p></td></tr><tr><td width="168" valign="top"><p>Agency/ Sovereign/ Government guaranteed Securities</p><p> </p></td><td width="456" valign="top"><p>Marketable bonds, notes or other obligations rated at least AA- issued by a government agency, supranational institution or local authority domiciled in an eligible country as well as corporate debt guaranteed by the government of eligible countries.</p></td></tr><tr><td width="168" valign="top"><p>Covered Bonds</p></td><td width="456" valign="top"><p>Debt instruments secured by a cover pool of mortgage loans or public-sector debt to which investors have a preferential claim in the event of default. Typically, more secure and thus higher rated than Agency MBS and other ABS due to the preferential claim of investors.</p></td></tr><tr><td width="168" valign="top"><p>Money Market Instruments/ Financial Institutions Securities</p></td><td width="456" valign="top"><p>Time deposits, certificates of deposit, reverse repurchase agreements and other obligations issued or unconditionally guaranteed by a bank or other financial institution domiciled in an eligible country, whose senior debt securities are rated at least A- and maturing in 3 months or less.</p></td></tr><tr><td width="168" valign="top"><p>Developed Market Equities</p></td><td width="456" valign="top"><p>A stock or any other security representing an ownership interest.</p></td></tr><tr><td width="168" valign="top"><p>Swaps and Derivatives</p></td><td width="456" valign="top"><p>Financial futures and options contracts, other derivative and associated instruments, forward rate agreements, swap transactions, options to enter into swap transactions in the future, and foreign exchange contracts.</p></td></tr></tbody></table> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> <div class="multi_indepth parbase section"> <style> .card-content.card-content-center { text-align: center; padding-top: 16px; }</style></div> <div class="redesign_title parbase section"> <style> .heading-v1-center .lock-icon { color: #fff; border: 2px solid #fff; } </style></div> <div class="gridlayout parbase section"> <div class="row mar-0"> </div> <div class="clearfix"></div> <div style="margin-bottom: 36px"></div> </div> </div> </li> <li class="tab_wbr " data-wbgtabidtabcontent="3"> <div class="tab-5 parsys"><div class="redesign_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-covid c14v1-body-text flipboard-keep " > <p><b>The World Bank Treasury has extensive experience in managing and investing development partner financial resources. </b>The World Bank has mobilized and managed development partner contributions since 1960 when the International Development Association (IDA) was created to support the poorest countries through interest free and long maturity loans.</p><p><b>Since the 1980s, development partners have also provided bilateral aid resources and other contributions through trust funds managed by the World Bank. </b>Over the past two decades, they have engaged the World Bank as trustee for Financial Intermediary Funds (FIFs). In this trustee function for FIFs, the World Bank takes on different financial management and advisory roles, while project implementation and oversight in developing countries is carried out by the implementing entities of the respective FIFs. </p> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> </div> </li> <li class="tab_wbr " data-wbgtabidtabcontent="4"> <div class="tab-2 parsys"><div class="redesign_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-covid c14v1-body-text flipboard-keep " > <p><b>We provide asset management services for the Reserve Advisory & Management Partnership (RAMP), the oldest and largest partnership dedicated to improving reserve management. </b>Established in 2001, the Partnership serves over 70 members, including central banks, international financial institutions, pension funds and sovereign wealth funds. Together, RAMP members manage over $2 trillion of sovereign assets.</p> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> <div class="redesign_static_content section"> </div> </div> </li> </ul> </tab-content> </tab> </section> <script> $(document).on("ready", function(e) { var tabStripContainer; //script to remove the unwanted tabs $("tab tab-content ul li div div.section").each(function() { if ($(this).attr('class').indexOf('new') < 0) { var childDiv = $(this).children("div").attr('class'); var childDivId = $(this).children("div").attr('id'); var childDivEdit = $(this).children("span").attr('class'); var childDivInnerId = $(this).children("div").children("div").attr('id'); var childDivInnerClass = $(this).children("div").children("div").attr('class'); if (typeof childDiv == "undefined" && typeof childDivId == "undefined" && typeof childDivInnerId == "undefined" && typeof childDivInnerClass == "undefined") { if (typeof childDivEdit == "undefined") { var l = $(this).prev(); var k = l.get(0); if (typeof k !== "undefined") { if (typeof l.attr("class") == "undefined") { if ((k.tagName == "HR" || k.tagName == "hr")) { l.remove(); } } } $(this).remove(); } } } }); }); </script> </div> <hr> <div class="redesign_static_content section"> <section id =""> <div class="c14v1-body c14v1-body-covid c14v1-body-text flipboard-keep " > <h2>A global fixed-income portfolio management leader</h2><p>We develop financial products across asset classes to meet a rapidly changing world and global challenges facing public asset managers. In line with our Socially Responsible Investment Statement, we deliver advisory services on portfolio management and sustainable investing to our clients.</p> </div></section> <script type="text/javascript"> $(document).ready(function(){ $(".c14v1-body table").find("td").find("div.c14v1-full").closest("td").addClass("width30"); }); </script> <div class="clearfix"></div> </div> <hr> <div class="multi_indepth parbase section"> <div class="wbgindepth"> <section class="row _loop_slide_2"> <div class="col-lg-6 col-md-6 col-sm-6 col-xs-12"> <div class="card-v3-section"> <div class="card-wrapper _loop_indepth_card_wrapper"> <div class="card-img"> <a data-customlink='nl:body content' data-text="Image" href="https://thedocs.worldbank.org/en/doc/22a28aee13379d3b94e0f503935f1214-0340012021/original/TREAA-SRI-Statement-October-2021.pdf" target="_blank"> <img class="img-responsive" src="/content/dam/photos/780x439/2023/oct/treasury-animal-2-780x439.png" title="exotic bird with large beak" alt="exotic bird with large beak"></a> </div> <!--End Of Image Div --> <!-- Feature Image Ends --> <div class="card-content "> <div class="hammer"> <span>Asset Management</span> </div> <h4> <a data-customlink='nl:body content' data-text="Sustainable and Responsible Investment Statement" href="https://thedocs.worldbank.org/en/doc/22a28aee13379d3b94e0f503935f1214-0340012021/original/TREAA-SRI-Statement-October-2021.pdf" target="_blank"> Sustainable and Responsible Investment Statement </a> </h4> <!--title ends --> <!-- Body Content starts --> <p class="card-description"> </p> </div> </div> </div> </div> <div class="col-lg-6 col-md-6 col-sm-6 col-xs-12"> <div class="card-v3-section"> <div class="card-wrapper _loop_indepth_card_wrapper"> <div class="card-img"> <a data-customlink='nl:body content' data-text="Image" href="https://www.worldbank.org/en/about/unit/treasury/impact/sustainable-fixed-income-strategy" target="_blank"> <img class="img-responsive" 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