this presentation explains what is IFC i.e international financial corporation,what are the goals and purposes of IFC what are the services provided by international financial corporation
2. International Finance Corporation
• It offers investment, advisory and asset
management services to encourage private
sector development in developing countries.
• Established in 1956.
• Has 184 member countries.
• To join IFC a country must first be a member
of IBRD.
• CEO is Jin-Yong Cai
3. • Headquartered in Washington DC.
• Primary objective is to improve the quality of
lives of the people in its developing countries.
• Helps private companies to mobilize financing
international financial markets and also
provides advice and technical assistance to
businesses and governments.
4. • It’s a corporation where shareholders are
member governments that provide paid-up
capital and consists of 25 executive directors.
• The executive director from India represents a
constituency of 4 countries India, Bangladesh,
Bhutan and Srilanka.
5. Goals of IFC:
• Sustainable agriculture opportunities.
• Improve health and education.
• Increase access to financing for microfinance and
business clients.
• Advance infrastructure.
• Help small business grow revenues.
• Invest in climate health.
6. Purpose of forming IFC:
• Create opportunities for people to escape poverty and
achieve better living standards by mobilizing financial
resources for private enterprise.
• Promoting accessible and competitive markets.
• Supporting business and other private sector entities.
• Creating jobs and delivering necessary services to those
who are poverty stricken.
7. Objectives of IFC:
• To invest in productive private enterprises in
association with other private investors and without
Govt. guarantee of repayment in cases where sufficient
private capital is not available on reasonable terms.
• To bring together investment opportunities, private
capital and experienced management.
• To help in stimulating the productive investment of
private capital, both domestic & foreign.
10. Projects Undertaken in India:
• IFC is supporting M.P Government to setup
the 750MW Rewa-Ultra mega solar power
project which is largest single – site solar
power project in the world.