International Finance Corporation
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Related to International Finance Corporation: World Bank, International Monetary Fund, Multilateral Investment Guarantee Agency
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.