IFC Annual Report 2015 : Private Sector Matters for Development

International Finance Corporation (IFC or the Corporation) is the larg¬est global development institution focused on the private sector in developing countries. Established in 1956, IFC is owned by 184 mem¬ber countries, a group that collectively determines its policies. IFC is a member of the World...

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Main Author: International Finance Corporation
Format: Report
Language:en_US
Published: Washington, DC: World Bank Group 2015
Subjects:
Online Access:http://hdl.handle.net/10986/22627
id okr-10986-22627
recordtype oai_dc
spelling okr-10986-226272021-04-23T14:04:10Z IFC Annual Report 2015 : Private Sector Matters for Development International Finance Corporation Sustainable Development Goals private sector job creation business opportunity private capital sustainable growth infrastructure medium enterprises small enterprises inclusive growth investment climate financial highlights operational highlights financial commitments financial portfolio advisory services investment services International Finance Corporation (IFC or the Corporation) is the larg¬est global development institution focused on the private sector in developing countries. Established in 1956, IFC is owned by 184 mem¬ber countries, a group that collectively determines its policies. IFC is a member of the World Bank Group (WBG) but is a legal entity separate and distinct from IBRD, IDA, MIGA, and ICSID, with its own Articles of Agreement, share capital, financial structure, management, and staff. Membership in IFC is open only to member countries of IBRD. IFC helps developing countries achieve sustainable growth by financ¬ing private sector investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. IFC’s principal investment products are loans and equity investments, with smaller debt securities and guarantee port¬folios. IFC also plays an active and direct role in mobilizing additional funding from other investors and lenders through a variety of means. Such means principally comprise: loan participations, parallel loans, sales of loans, the non-IFC portion of structured finance transactions which meet core mobilization criteria, the non-IFC portion of com¬mitments in IFC’s initiatives, and the non-IFC investment portion of commitments in funds managed by IFC’s wholly owned subsidiary, IFC Asset Management Company LLC (AMC), (collectively Core Mobilization). Unlike most other development institutions, IFC does not accept host government guarantees of its exposures. IFC raises virtually all of the funds for its lending activities through the issuance of debt obligations in the international capital markets, while main¬taining a small borrowing window with IBRD. Equity investments are funded from capital (or net worth). 2015-09-15T14:42:36Z 2015-09-15T14:42:36Z 2015-09-15 Report http://hdl.handle.net/10986/22627 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation Washington, DC: World Bank Group Publications & Research Publications & Research :: Annual Report
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic Sustainable Development Goals
private sector
job creation
business opportunity
private capital
sustainable growth
infrastructure
medium enterprises
small enterprises
inclusive growth
investment climate
financial highlights
operational highlights
financial commitments
financial portfolio
advisory services
investment services
spellingShingle Sustainable Development Goals
private sector
job creation
business opportunity
private capital
sustainable growth
infrastructure
medium enterprises
small enterprises
inclusive growth
investment climate
financial highlights
operational highlights
financial commitments
financial portfolio
advisory services
investment services
International Finance Corporation
IFC Annual Report 2015 : Private Sector Matters for Development
description International Finance Corporation (IFC or the Corporation) is the larg¬est global development institution focused on the private sector in developing countries. Established in 1956, IFC is owned by 184 mem¬ber countries, a group that collectively determines its policies. IFC is a member of the World Bank Group (WBG) but is a legal entity separate and distinct from IBRD, IDA, MIGA, and ICSID, with its own Articles of Agreement, share capital, financial structure, management, and staff. Membership in IFC is open only to member countries of IBRD. IFC helps developing countries achieve sustainable growth by financ¬ing private sector investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. IFC’s principal investment products are loans and equity investments, with smaller debt securities and guarantee port¬folios. IFC also plays an active and direct role in mobilizing additional funding from other investors and lenders through a variety of means. Such means principally comprise: loan participations, parallel loans, sales of loans, the non-IFC portion of structured finance transactions which meet core mobilization criteria, the non-IFC portion of com¬mitments in IFC’s initiatives, and the non-IFC investment portion of commitments in funds managed by IFC’s wholly owned subsidiary, IFC Asset Management Company LLC (AMC), (collectively Core Mobilization). Unlike most other development institutions, IFC does not accept host government guarantees of its exposures. IFC raises virtually all of the funds for its lending activities through the issuance of debt obligations in the international capital markets, while main¬taining a small borrowing window with IBRD. Equity investments are funded from capital (or net worth).
format Report
author International Finance Corporation
author_facet International Finance Corporation
author_sort International Finance Corporation
title IFC Annual Report 2015 : Private Sector Matters for Development
title_short IFC Annual Report 2015 : Private Sector Matters for Development
title_full IFC Annual Report 2015 : Private Sector Matters for Development
title_fullStr IFC Annual Report 2015 : Private Sector Matters for Development
title_full_unstemmed IFC Annual Report 2015 : Private Sector Matters for Development
title_sort ifc annual report 2015 : private sector matters for development
publisher Washington, DC: World Bank Group
publishDate 2015
url http://hdl.handle.net/10986/22627
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