IFC

IFC
International Finance Corporation (IFC)
USA
Set up in 1956, the International Finance Corporation (IFC) is one of the five institutions that make up the World Bank Group. The IFC promotes sustainable economic growth in developing countries by:
• Financing private sector investment. The IFC provides financial support (for example, loans, guarantees, convertible debt (convertible bond) and equity) at market rates to qualifying creditworthy companies.
• Providing advisory and risk mitigation services.
• Mobilizing private capital in local and international financial markets. Private sector lenders are usually more willing to finance a project in which the IFC is involved because they believe the risk of default is lower.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


IFC
International Finance Corporation

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

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