International Finance Corporation (IFC)

The International Finance Corporation (IFC) was established in 1956 as an affiliate of the International Bank for Reconstruction and Development (World Bank) to provide the financing and investment expertise particularly suited to attracting private sector investors in developing countries. IFC also attracts funds for promising ventures in developing countries from international capital markets by syndicating loans and by underwritings and standby financing. It is one of the few international organizations which can provide risk capital as well as longterm loans without government guarantees.

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