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IFC

Creating Opportunity

Vision
That people should have the opportunity to escape poverty and improve their lives

IFC foster sustainable economic growth in developing countries by supporting private sector development, mobilizing private capital, and providing advisory and risk mitigation services to businesses and governments.

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3 .IFC’s Structure • Owned by 182 member countries • To join IFC. and Have deposited with the World Bank Group's Corporate Secretariat an Instrument of Acceptance of IFC's Articles of Agreement. a country must: Be a member of the World Bank (IBRD). Have signed IFC's Articles of Agreement.

C. D. • Local: More than 100 offices worldwide in 81 countries 4 . including the World Bank (IBRD and IDA) • Global: Headquartered in Washington.IFC’s Structure • IFC is the main driver of private sector development in the World Bank Group • Collaborates with other members of the group.

Accountability is ensured by the independent Office of the Compliance Advisor/Ombudsman 5 .Management Executive Vice President & CEO Lars Thunell The Executive Vice President and CEO leads IFC's overall strategic directions. making and IFC's projects and programs are evaluated by the Independent Evaluation Group. The World Bank Group's president also serves as IFC's president. The Management Team assists the Executive Vice President and CEO in decisionstrategic planning.

growth. widely seen as an essential source of job creation.IFC’s History • Launched in 1956: 12 years after the Bretton Woods Conference created the World Bank to finance post-WWII reconstruction and development by lending to governments • Original mandate: supporting development by encouraging private investment (a new part of the global economic agenda) • 1980s: IFC coins the term “emerging markets” • 1990s: IFC increases in size. importance after fall of Berlin Wall • Today: IFC is the world’s largest multilateral institution focused on private sector development. and poverty reduction 6 .

325 staff work in field offices 7 .Bringing Solutions to Clients • IFC is responding to rising demand for private sector financing and expertise • IFC brings solutions to clients through investments and advisory services • IFC helps fill unmet needs by directing capital and knowledge to areas not yet benefiting from growth in emerging markets • To be close to clients. more than half of IFC’s 3.

IFC’s Global Reach 100+ country and regional advisory services offices worldwide 8 .

Strategic Priorities • Strengthening the focus on frontier markets – IDA countries. health. and education • Developing local financial markets 9 . poorer regions of middle-income countries and less developed industry sectors with brand potential • Building long-term relationships with emerging market players • Addressing climate change and promoting environmental and social sustainability • Promoting private sector growth in infrastructure.

IFC Business Solutions Investment Services • Loans and intermediary services • Equity and quasi-equity • Syndications • Structured and securitized products • Risk management products • Trade finance • Sub national finance • Treasury operations 10 .

IFC Business Solutions Advisory Services Five main business lines • Business enabling environment • Access to finance • Corporate advice • Environmental and social sustainability • Infrastructure 11 .

IFC Offers Clients A Unique Role • Emphasis on development impact World Bank affiliation • Market discipline • Risk-taking and risk management • Preferred creditor status • Political risk cover 12 .

1 million water customers • 7 million microfinance loans • 50 million new phone connections 13 .3 million electricity customers • 18.5 million hospital patients • 675.The Reach of IFC’s Projects IFC’s activities help raise living standards for people throughout the developing world Last year our reach included: • 5.000 students • 11.

4 billion invested in Sub-Saharan Africa  $1. Overall:  $1.5 billion in financing: $10.5 billion for IFC’s own account.Fiscal Year 2009 Highlights • Investments: 447 new projects in 85 countries • Advisory services: 299 new projects in 75 countries • $14.4 billion invested in the Middle East and North Africa 14 .0 billion mobilized • IDA countries accounted for 45 percent of IFC investments. $4.

75 billion for IDA’s current funding cycle.IFC’s Growing Role in IDA • IFC’s strength. from net income over the next four years. particularly in IDA countries • IFC has designated $1. and IBRD 15 . IFC. dynamism. and growth strategy encourage World Bank Group collaboration • IFC can add more to the development goals of the group. equaling IBRD contribution • A winning combination for the poor: IDA.

and parallel loans. loan participations.IFC Financing * “Mobilization” for 2006 and 2007 includes structured finance. 16 .

FY09 Commitments for IFC’s Account: $10.Investments by Region.5 Billion Global <1% Middle East and North Africa 11% Sub-Saharan Africa 11% East Asia and Pacific 14% Latin America and Caribbean 25% Europe and Central Asia 26% South Asia 12% 17 .

FY09 Commitments for IFC’s Account: $10.5 Billion Private Equity and Investment Funds 5% Oil. Mining and Chemicals 10% Infrastructure 17% Subnational Finance <1% Agribusiness 7% Global Financial Markets 35% Health and Education 2% Global Manufacturing and Services 18% Global Information and Communication Technologies 4% 18 . Gas.Investments by Industry.

FY09 Total Spending: $291 Million Middle East and North Africa 6% Latin America and Caribbean 8% Global 21% Sub-Saharan Africa 25% Europe and Central Asia 17% South Asia 9% East Asia and Pacific 13% 19 .Advisory Services by Region.

Advisory Services by Business Line. FY09 Total Spending: $291 Million Environment and Social Sustainability 9% Business Enabling Environment 28% Access to Finance 30% Infrastructure 13% Corporate Advice 21% 20 .

Doing the Part IFC contributes to the World Bank Group’s six broad priorities for an inclusive and sustainable globalization • The poorest countries: helping overcome poverty and spurring sustainable growth. HIV/AIDS. malaria and others • Knowledge and learning: building the World Bank Group’s role as a brain trust of applied development expertise 21 . especially in Africa • Middle-income countries: building a competitive menu of development solutions • The Arab world: supporting those who are advancing development and opportunity • Fragility and conflict: focus on countries emerging from conflict or seeking to avoid breakdown of the state • Global public goods: climate change.