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The IFC operates a Syndicated Loan Program in an effort to mobilize capital for development goals. The program was created in 1957 and as of 2011 has channeled approximately $38 billion from over 550 financial institutions toward development projects in over 100 different emerging markets. The IFC syndicated a total of $4.7 billion in loans in ...
The World Bank Group, headquartered in Washington, DC is a group of international organizations that finances infrastructure projects, mostly in developing countries.The International Finance Corporation (IFC), is the arm of the World Bank Group that specializes in lending to private sector investments and business interests in developing countries, whereas the International Bank for ...
An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders.
The IFC ignored easily obtainable evidence that should have warned it away from doing business with Dinant, the lender’s internal ombudsman later found. Mark Constantine, an IFC official who conducts social and environmental risk management, said the IFC approved its loan to Dinant before the violence in Bajo Aguán spiraled out of control.
The International Development Association (IDA) (French: Association internationale de développement) is a development finance institution which offers concessional loans and grants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.
Website. worldbank.org. The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
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