IFC


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IFC

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.
References in periodicals archive ?
The IFC Advisory program in the region last year consisted of 79 advisory projects aimed at improving business regulation procedures, cooperation with the private sector in the fight against climate change and helping companies in the region to improve corporate governance, environmental and social responsibility practices.
Ultimately, the MOU between the IFC and the SEC aims to raise market awareness of good governance to entice more foreign investment to the country.
PM Phuc also invited the IFC manager to attend activities hosted by Viet Nam as the Chair of ASEAN next year.
Recently, IFC made proposals for creating a mechanism for supporting the dialogue between the private and public sectors of Azerbaijan.
* Sierra Rutile commits to meeting IFC performance standards over time.
IFC is a global leader in green banking, and, is a pioneer in the green bond market and one of the largest global issuers of green bonds.
IFC and IFC Emerging Asia Fund's investment will enable us to scale up our efforts especially in the digital financial services space," Voyager president and chief executive officer Orlando Vea said.
During the next fiscal year, IFC will continue to focus on high-impact projects that can help mitigate climate change, promote financial inclusion and create new jobs.
The minister highlighted his meeting with the CEO of IFC, Philippe Le Hou'rou, in April during the spring meetings of the World Bank and IMF in Washington D C.
The finance minister thanked the IFC for increasing programme portfolio in Pakistan.
IFC and GIF have invested in assets in Argentina, Chile, Ecuador, and Peru with over 1,600 megawatts of installed capacity from hydropower and thermal generation, 730 kilometers of transmission lines, and natural gas processing facilities.
The IFC File Analyzer software generates a spreadsheet or a set of CSV (comma-separated value) files from an IFC file.