International Finance Corporation (IFC)

Société financière internationale (SFI)
Corporación Financiera Internacional (CFI)

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24 July 1956, Washington DC (USA), by international agreement among member countries. Although closely affiliated with International Bank for Reconstruction and Development (IBRD) (popularly known as 'World Bank'), IFC is a separate legal entity comprising, with IBRD and its other affiliates, International Development Association (IDA) and Multilateral Investment Guarantee Agency (MIGA), the umbrella organization The World Bank Group. Through the World Bank Group, IFC is a specialized agency of United Nations (UN) since 1957, within United Nations System and linked to United Nations Economic and Social Council (ECOSOC). World Bank organizations are part of what are often referred to as Bretton Woods Institutions (BWIs). Previously also referred to in French and Spanish as Société Financière Internationale -- Corporación Financiera Internacional.


In order for people to escape poverty and improve their lives: promote open and competitive markets in developing countries; support companies and other private sector partners where there is a gap; help generate productive jobs and deliver essential services to the underserved; catalyze and mobilize other sources of finance for private enterprise development.

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Combines the characteristics of a multilateral development bank and a private merchant bank. Main activities are: project financing, including long-term loans, equity investments, quasi-equity instruments (subordinated loans, preferred stock, income notes), guarantees and standby financing, risk management (intermediation of currency and interest rate swaps, provision of hedging facilities); mobilization by syndicating loans with international commercial banks and underwriting investment funds and corporate securities issues; advice and technical assistance to businesses and governments. For fiscal year 2011, new investment commitments totalled US$ 18,700 million, with US$ 12,200 million for IFC's own account and US$ 6,500 million mobilized from others.

Investment Services: Equity; Short-term Liquidity; Loans and Intermediary Services; Syndicated Loans; Structured Finance; Risk Management Products; Trade Finance; Subnational Finance; Treasury Operations. Advisory Services: Access to Finance; Investment Climate; Sustainable Business; Public-Private Partnerships.


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Consultative Status

World Intellectual Property Organization (WIPO) (Permanent Observer Status).

Relations with Inter-Governmental Organizations

Relations with 28 inter-governmental organizations.
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Relations with Non-Governmental Organizations

Relations with 18 non-governmental organizations.
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Information Services

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Members in 181 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Commerce
    • Finance
    • Business Enterprises
  • International Relations
    • United Nations

UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic GrowthGOAL 12: Responsible Consumption and Production



Last News Received

* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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