International Finance Corporation

noun

1. IFC. an organization that invests directly in private companies and makes or guarantees loans to private investors. It is affiliated to the World Bank and is part of the World Bank Group

Example Sentences

A 7-megawatt system, partly financed by the International Finance Corporation, or IFC, got bolted onto the Gaza Industrial Estate, a manufacturing complex.

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The educational project was partially funded through the International Finance Corporation, the bank’s investment arm.

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The complaint was brought against the International Finance Corporation, an arm of the World Bank that provided CBG a $200 million loan in 2016 for its expansion; the case is now in mediation.

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Before the war, Ukraine’s private sector, including its huge steel and agricultural industries, accounted for 70 percent of the country’s gross domestic product, said Elena Voloshina, head of the International Finance Corporation in Ukraine.

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The European Bank for Reconstruction and Development and the International Finance Corporation plan to provide an additional $3.4 billion to Ukrainian state-owned enterprises and the private sector.

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