International Finance Corporation
Also known as IFC
World Bank Group member financial institution
Key facts
- Formation
- July 20, 1956 ; 69 years ago ( 1956-07-20 )
- Type
- Development finance institution
- Legal status
- Treaty
- Purpose
- Private sector development , Poverty reduction
- Headquarters
- Washington, D.C. , United States
- Members
- 186 countries
- Managing director
- Makhtar Diop
- Parent organization
- World Bank Group
- Website
- ifc.org
via Wikipedia infobox
Wikidata facts
- Official website
- www.ifc.org
- Image
~40 min read
Article
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries. It is a member of the World Bank Group and is headquartered in Washington, D.C.
IFC is the largest global development institution focused exclusively on the private sector in emerging markets and developing economies.As of 2025 it operates in more than 100 countries, employs over 3,400 staff — approximately half stationed in field offices — and has 186 member countries. In fiscal year 2025 (ended June 30, 2025), IFC committed a record $71.7 billion in total investment across its own-account and mobilized capital, making it one of the largest providers of development finance globally. IFC holds AAA/Aaa long-term credit ratings from Moody's, S&P Global, and Fitch, with stable outlooks.