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In which year was the World Bank established?

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This institution was created at the same 1944 conference as the IMF.
Updated On: Jul 16, 2026
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Solution and Explanation

The World Bank was created in 1944.
This happened during the Bretton Woods Conference, where representatives from many countries met to design a new global financial system after World War Two. The International Monetary Fund was set up at the same conference.
The World Bank started functioning a little later, but its founding year is recorded as 1944, and it remains one of the most important international financial institutions today.
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