The Világbank, or World Bank, is an international financial institution that provides loans and grants to the governments of low and middle-income countries. Its primary goal is to reduce poverty and support development by funding projects that improve infrastructure, education, and healthcare. Founded in 1944, the Világbank consists of two main institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Together, they work to promote economic growth and stability, helping countries achieve sustainable development and improve the quality of life for their citizens.