International Finance Corporation

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International Finance Corporation
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The International Finance Corporation , or IFC (International Finance Corporation) as it is known by its abbreviation, was established in 1956 as the private sector arm of the World Bank Group . [one]
International Finance CorporationEstablishment1956legal statusTreatyAimDeveloping the Private Sector
and Reducing PovertyCentrewashingtonMembers184 countriesLeaderJin-Yong Caimain organWorld Bank GroupOfficial siteifc.org
The aim of the institution is to provide investment, consultancy and asset management services to promote the development of the private sector in developing countries; To produce projects that increase employment levels and living standards by enabling the private sector to create new job areas in order to reduce poverty. [2]
IFC is chaired by Jin-Yong Cai , who took office in 2012 . [3]
Sourcechange
^ Ottenhoff, Jenny (2011). "International Finance Corporation" . Center for Global Development. Archived from the original on 30 September 2011 . Access date: 5 June 2012 .
^ International Finance Corporation. "IFC's Vision, Values, & Purpose" . World Bank Group. Archived from the original on 10 November 2015 . Access date: 10 June 2012 .
^ International Finance Corporation (2012). "IFC Organizational Structure" (PDF) . World Bank Group. Archived from the original on 11 September 2015 (PDF) . Access date: 27 September 2012 .
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