IFC Annual Report 2007 : Creating Opportunity

This fiscal year the Board of Directors maintained close oversight of International Finance Corporation's (IFC's) efforts to increase and measure its development impact. Directors reaffirmed their support for IFC's strategic directions, including more specific emphasis on agribusiness and small and medium enterprises, as well as IFC's growth strategy. The Board approved a number of investments and joint World Bank-IFC-Multilateral Investment Guarantee Agency (MIGA) country assistance strategies and continued to encourage stronger collaboration, both across the World Bank Group and with partners and stakeholders. Specific issues that Directors discussed with management included IFC's strategy for Africa, the joint Bank Group strategy for the financial sector, the launch of a new IFC-World Bank department focusing on sub-national finance, and several proposals for new products and services with potential to expand IFC's reach in client countries. The Board continued to monitor new methods for measuring outcomes of IFC's investments and advisory services, as well as progress in implementing IFC's environmental and social performance standards. The Board welcomed IFC's strong performance in FY07. These include record levels of financing and expansion of advisory activity in Africa and the Middle East, as well as measurable progress in a number of frontier markets and strategic sectors.

Bibliographic Details

Main Author:	International Finance Corporation
Format:	Annual Report biblioteca
Language:	English
Published:	Washington, DC: World Bank 2007
Subjects:	financial capital, financial information, financial institutions, financial instruments, financial intermediaries, financial intermediary, financial market, financial performance, financial products, financial risks, financial services, Financial Statements, financing facility, foreign currency, foreign direct investment, foreign exchange, foreign exchange risk, formal economy, funding sources, Global Trade, globalization, governance standards, guarantee fees, hedges, households, housing finance, human development, inflation, information management, infrastructure development, Institutional Investor, insurance, insurance companies, insurance markets, intermediary banks, international capital, international capital markets, International Development, International Finance, international financial markets, INTERNATIONAL MARKETS, international standards, investing, investment climate, investment finance, Investment Funds, investment income, investment portfolio, investment projects, Investment volumes, investor bases, Islamic finance, job creation, labor standards, lenders, line of credit, liquid asset, liquid assets, liquidity, Liquidity Management, loan, loan guarantees, loan portfolio, Loan principal, local business, local currencies, local currency, local economy, local financial institutions, local financial markets, long-term investors, market benchmarks, market environment, market information, market participants, maturities, maturity, microcredit, microfinance, microfinance institution, net worth, new business, new businesses, new market, new markets, nutrition, partial credit, pension, pension funds, peoples, political risks, poor access, portfolio, PORTFOLIO Investment, portfolio management, portfolio risk, portfolios, prepayments, principal repayments, private capital, private enterprises, Private Equity, private financing, private funding, private investors, privatization, profitability, profitable businesses, public offering, public-private partnerships, regulatory frameworks, repayments, reserves, return, returns, risk management, risk mitigation, savings, security structures, SHAREHOLDER, shareholders, shares of investments, small-scale entrepreneurs, student loans, supply chain, supply chains, swap, swap market, swaps, tax, trade finance, treasury, tuition, women entrepreneurs, working capital,
Online Access:	http://hdl.handle.net/10986/11849
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