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International Finance Corporation (IFC)

06-DEC-2014 13:06

    About International Finance Corporation

    International Finance Corporation is a member of World Bank Group. It is the largest global development institution that focuses solely on the private sector in developing nations.

    Establishment

    International Finance Corporation was established in the year 1956. It is owned by 184 member countries forming a group that communally determines its policies. Its work in more than 100 developing countries facilitates financial institutions and companies in emerging markets to generate jobs, improve environmental performance and corporate governance, engender tax revenues & contribute to their local communities.

    Vision

    The vision of International Finance Corporation is that people should have the opportunity to get rid of poverty & improve their standards of living.

    Goals & Values

    As a member of World Bank Group, the International Finance Corporation has 2 major goals:

    • End tremendous poverty by the year 2030
    • Enhance shared prosperity in every developing country

    The commitment of International Finance Corporation to alleviating poverty & generating opportunity is reflected in its values. In everything the International Finance Corporation does, it seeks to attain the things that few others are able or inclined to. Its brand value proposition is:

    • Innovation
    • Influence
    • Demonstration
    • Impact

     

    Source: http://www.ifc.org/

    DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

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