World Bank World Bank is an indispensable part of the World Bank Group. The World Bank is comprised of two agencies of the World Bank Group namely the International Bank for Reconstruction and Development or IBRD and the International Development Association or IDA.The World Bank came into existence in the year 1945. But the concept was developed in a year before at United Nations Monetary and Financial...... Similar Editorial : Fire Your Bank by Michael Carey. | Source : Online Bank Checking Account