International Finance Corporation (IFC)

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/