International Finance Corporation 2000 Annual Report : Volume 1. Building Business, Creating Opportunity
This is the International Finance Corporation (IFC) annual report for FY2000, which outlines its increased gross approvals, led by a record of new investments in Sub-Saharan Africa; the realization of its second-highest-ever annual net income; and,...
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Format: | World Bank Annual Report |
Language: | English en_US |
Published: |
Washington, DC
2013
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Online Access: | http://documents.worldbank.org/curated/en/2000/08/1663423/international-finance-corporation-ifc-annual-report-2000-vol-1-2-main-report http://hdl.handle.net/10986/14273 |
Summary: | This is the International Finance
Corporation (IFC) annual report for FY2000, which outlines
its increased gross approvals, led by a record of new
investments in Sub-Saharan Africa; the realization of its
second-highest-ever annual net income; and, the significant
resurgence in commercial bank lending through its
syndications program. However, during the period IFC also
felt the push of reformers, and critics, and the effects of
a changing market place. Responsive to changing needs, IFC
looks at how to bridge the digital divide which threatens
the developing world; at ways to strengthen domestic
financial markets; at how to address basic infrastructure;
and, at how to improve access to health care and education,
as well as how to improve environmental, and social
sustainability. IFC's single largest sectoral focus
remains the financial sector, which amounted to forty six
percent of new approvals, though strategic priorities were
further refined to align its activities with market
realities, by building business, and creating job
opportunities. Moreover, it has pioneered corporate
environmental and social responsibility, by moving the
private sector to actively promote economic development. IFC
activities during FY2000 are presented, and, through case
studies, shows the range of projects, by region and
investment type. Finally, IFC's financial review
describes performance, funding management, capital earnings,
as well as risk management, and credit risk. |
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