IFC stands for International Finance Corporation.
|Full Form||International Finance Corporation|
|Category||Business » Companies & Corporations|
What is IFC?
International Finance Corporation (IFC) is a private sector development bank. It was founded in 1956 and is headquartered in Washington, D.C. IFC provides financial and technical assistance to promote economic growth and social progress in developing countries.
IFC is one of the largest development banks in the world, with assets of over $128 billion. It provides loans, equity investments, and other financial services to businesses and governments around the world. IFC also works to improve the quality of life of people in developing countries by promoting education, health care, environmental protection, and gender equality.
IFC has played a major role in helping to develop countries around the world. Its work has had a positive impact on the lives of millions of people worldwide.