International Finance Corporation
World Bank Group member financial institution
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| February 2021 | Makhtar Diop was appointed as the Managing Director and Executive Vice President of the International Finance Corporation, bringing significant leadership experience from his previous role as World Bank's Vice President for Infrastructure. |
| 2018 | IFC received the highest ratings from two independent credit rating agencies, demonstrating strong financial standing. |
| 2015 | Oxfam International and other NGOs published a critical report titled 'The Suffering of Others', highlighting concerns about IFC's due diligence and risk management in investments with third-party lenders. |
| December 2015 | IFC supports Greek banks by buying shares in four banks: Alpha Bank (60 million euros), Eurobank (50 million euros), Piraeus Bank (20 million euros), and National Bank of Greece (20 million euros). |
| December 2012 | Standard & Poor's assigned IFC an AAA credit rating, noting the organization's strong financial standing and geographic diversification. |
| November 2012 | Moody's Investors Service assigned IFC an AAA credit rating. |
| March 2012 | Africa Capitalization Fund's commitments totaled $181.8 million as of March. |
| 2011 | IFC reported a net income of $1.58 billion, made $600 million in grants to IDA countries, and had total funding commitments of $12.18 billion. Total capital amounted to $20.3 billion. |
| 2011 | Africa Capitalization Fund was established to invest in commercial banks in Northern and Sub-Saharan Africa. |
| 2011 | IFC expanded its local currency loan portfolio to 45 currencies and issued $4.6 billion in over 3,100 trade finance guarantees. The Global Trade Liquidity Program assisted with over $15 billion in trade. |
| 2011 | An independent evaluation report recognized IFC's investments performed well in reducing poverty, while recommending more explicit definitions of poverty and expected outcomes. |
| 2010 | IFC reported a net loss of $1.75 billion, made $200 million in grants to IDA countries, and had total funding commitments of $12.66 billion. |
| 2010 | IFC created the IFC African, Latin American, and Caribbean Fund (IFC ALAC Fund) with a value of $1 billion. |
| 2010 | IFC invested $12.7 billion in 528 projects across 103 countries, with approximately 39% ($4.9 billion) invested in 255 projects across 58 IDA member nations. |
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