International Finance Corporation


Also found in: Dictionary, Thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia.

International Finance Corporation (IFC)

A corporation owned by the World Bank that produces a number of well-known stock indexes for emerging markets. Its major role is to provide financing for projects in less developed countries.

International Finance Corporation

A division of the World Bank that provides loans for private companies and projects in developing countries. Founded in 1956, it seeks to promote private-sector investment in the developing world. It charges market interest rates, and its loans do not have government guarantees. See also: International Monetary Fund.

International Finance Corporation

see WORLD BANK.
References in periodicals archive ?
Financier address : International Finance Corporation
Citigroup is a founding member of the Equator Principles, voluntary guidelines based on World Bank and International Finance Corporation (IFC) policies to evaluate environmental and social risks related to financing development projects.
The International Finance Corporation, the private sector arm of the World Bank Group, promotes sustainable private sector investment in developing and transition countries, helping to reduce poverty and improve people's lives.
The second tranche for US$150 million is from a group of multilateral and industry finance institutions, of which the Mandated Lead Arrangers is comprised of Caterpillar Financial SARL ("Caterpillar"), Export Development Canada ("EDC"), International Finance Corporation ("IFC") and Mitsubishi Corporation ("Mitsubishi").
While working for the International Finance Corporation (the private finance arm of the World Bank), education policy professor James Tooley of the University of Newcastle upon Tyne stumbled across a network of "underground" private schools for the poor in a number of third world countries.
Transelec also benefits from an experienced management team and shareholders in Hydro-Quebec (HQ, rated 'AA-' by Fitch Ratings, 90% owner) and International Finance Corporation (IFC, 10% owner).

Financial browser ?
Full browser ?