A corporation owned by the World Bank that produces a number of well-known stock indexes for emerging markets. Its major role is to provide financing for projects in less developed countries. Bloomberg Financial Dictionary

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   International Finance Corporation. An affiliate of the World Bank which promotes private enterprises in developing countries with a mixture of loans and equity financing. It charges market rates for its financing and aims to be a catalyst for additional private investment.
   ■ www.ifc.org
   ► See also World Bank.

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IFC UK US noun
ECONOMICS, FINANCE, POLITICS ABBREVIATION for INTERNATIONAL FINANCE CORPORATION(Cf. ↑International Finance Corporation): one of the five international organizations that make up the World Bank. The main aim of the IFC is to encourage the development of private businesses in poorer countries by providing investment and offering advice: »

The IFC has helped privatize thousands of small businesses in Russia and Ukraine.

See also THE WORLD BANK(Cf. ↑the World Bank)

Financial and business terms. 2012.

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