International Finance Corporation
International Finance Corporation Outline
The IFC is part of the World Bank. It came into force in 1956 pursuant to the Articles of Agreement of the International Finance Corporation of 1955. Its main function is to facilitate the supply of funds to private enterprises in order to encourage or utilise private investments for the purposes consistent with the functions of the IBRD. Its membership consists of IBRD members only and its headquarters are in Washington, DC.(1)
International Finance Corporation (IFC) in International Trade
Meaning of International Finance Corporation (IFC), according to the Dictionary of International Trade (Global Negotiator): IFC is an institution that belongs to the World Bank Group and finances and advises for private-sector ventures and projects in developing countries. Website.
International Finance Corporation
Embracing mainstream international law, this section on international finance corporation explores the context, history and effect of the area of the law covered here.
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See Also
- World Bank
- Bank Regulation
- History of Banking
- Functions of the World Bank
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Further Reading
- The entry “international finance corporation” in the Parry and Grant Encyclopaedic Dictionary of International Law (currently, the Encyclopaedic Dictionary of International Law, 2009), Oxford University Press
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Notes
International Finance Corporation in relation with International Trade
In the context of trade organizations, Christopher Mark (1993) provided the following definition of International Finance Corporation: Established in 1956 as pan of the World Bank to facilitate the financing of privately-owned enterprises in developing countries.
Hierarchical Display of International Finance Corporation
International Organisations > United Nations > UN specialised agency > World Bank
International Finance Corporation
Concept of International Finance Corporation
See the dictionary definition of International Finance Corporation.
Characteristics of International Finance Corporation
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Translation of International Finance Corporation
- Spanish: Corporación Financiera Internacional
- French: Société financière internationale
- German: Internationale Finanz-Corporation
- Italian: Società finanziaria internazionale
- Portuguese: Sociedade Financeira Internacional
- Polish: Międzynarodowa Korporacja Finansowa
Thesaurus of International Finance Corporation
International Organisations > United Nations > UN specialised agency > World Bank > International Finance Corporation
See also
- IFC
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