IFC
IFC provides $60M green financing to Indonesia’s Gunung Raja Paksi to boost decarbonization
World Bank's International Finance Corporation (IFC) has inked deal to provide $60 million green financing to Indonesian steel producer Gunung Raja Paksi (GRP).
September 6, 2024
IFC invests $50M in gender-inclusive social bond issued by Thailand’s Muangthai Capital
To expand financial inclusion in Thailand for women microentrepreneurs, the International Finance Corporation (IFC) has on Monday announced a $50 million investment in a gender-inclusive social bond issued by Muangthai Capital Public Company Limited (MTC), one of the leading listed non-banking financial institutions (NBFIs) in the country.
August 28, 2024
News,Philippines,Sustainability
IFC allocates $5.32M to support green transition in the Philippines with EU
The International Finance Corporation (IFC) will allocate PHP 308 million ($5.31 million) to support green transition in the Philippines with the European Union (EU).
August 6, 2024
IFC provides $250M loan to Ayala Land to boost green buildings in the Philippines
The International Finance Corporation (IFC), a member of the World Bank Group, is investing up to PHP 14.5 billion ($250 million) in the form of a sustainability-linked loan (SLL) for developer Ayala Land Inc. (ALI) to boost green buildings in the Philippines.
July 22, 2024
VPBank and IFC collaborate to provide $150M funding to Vietnamese coffee enterprises
Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) and the International Finance Corporation (IFC) have recently collaborated to provide $150 million supply chain financing for coffee-exporting companies in Vietnam.
July 12, 2024
IFC partners IFRS Foundation to improve sustainability reporting in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, and the IFRS Foundation have signed a memorandum of understanding agreeing on their strategic partnership to strengthen sustainable capital markets by improving sustainability and climate reporting in emerging markets and developing economies (EMDEs).
June 28, 2024
IFC provides $150M to Vietnam’s SeABank to issue blue bond and boost climate finance
To catalyze a viable blue finance market while fostering green bonds and supporting smaller businesses in Vietnam, International Finance Corporation (IFC) is providing a financing package of $150 million to Southeast Asia Commercial Joint Stock Bank (SeABank).
June 26, 2024
News,Asia,China,FinTech,Digital Transformation
IFC partners Li & Fung and LFX to support SME growth and digitalization in Asia’s supply chains
International Finance Corporation (IFC) has partnered with Hong Kong-based supply-chain services provider in the apparel and general merchandise industry Li & Fung and its affiliate LFX to support small and medium-sized enterprise (SME) growth and digitalization in Asia's supply chains.
June 19, 2024
IFC to invest $105M in Brookfield’s Bikaner solar power project
International Finance Corporation (IFC) has committed to part finance a 550 megawatt peak (MWp) solar power project in Bikaner, Rajasthan being developed by Brookfield Asset Management with $105 million through long-term non-convertible debentures.
June 18, 2024
IFC provides $150M loan for Yondr’s data center in Malaysia
International Finance Corporation (IFC), a member of the World Bank Group, has on Wednesday announced a senior loan of $150 million to help finance construction of the first phase of a 300 megawatt IT load, 72.5-acre data center campus by the global data center operator Yondr Group.
May 29, 2024