IFC

IFC invests $5M in New Sturgeon Capital Fund to support tech startups across Central Asia

To promote digital economies and support the growth of early-stage tech startups in Central Asia, the International Finance Corporation (IFC) will invest up to $5 million in Sturgeon Emerging Opportunities II, LP, a new venture capital fund managed by Sturgeon Capital, a major venture capital investor.

IFC and EU partners with Commercial Bank of Ceylon to scale up green finance in Sri Lanka

In a move to spur sustainable investments in Sri Lanka, the International Finance Corporation (IFC) and the European Union (EU) have partnered with the Commercial Bank of Ceylon (CBC) to scale up green finance, supporting the country's commitments towards a low-carbon economy.

IFC invests in Türk Ekonomi Bankası to enhance access to finance for climate-focused, women-owned smaller businesses in Türkiye

The International Finance Corporation (IFC) has embarked on a new investment in Türk Ekonomi Bankası A.Ş. (TEB), a private bank primarily serving corporate customers and small enterprises, aims to bolster access to finance for small and medium enterprises (SMEs), with a focus on climate mitigation and adaptation projects, women-owned businesses, and…

IFC provides $30M to M bank to increase digital lending for women and small businesses in Mongolia

International Finance Corporation (IFC) announced Wednesday that it has provided $30 million to M bank, Mongolia's first digitally focused bank, to increase digital lending for women and small businesses in the country.

IFC partners KB Kookmin Card to launch $150M financing initiative in Indonesia, Thailand

The International Finance Corporation (IFC) has partnered South Korean credit card-issuing company KB Kookmin Card Co. (KBC) to launch $150 million financing package in Indonesia, Thailand.

IFC, Amundi raise $436M to support green, resilient, inclusive recovery in emerging markets

The International Finance Corporation (IFC), a member of the World Bank Group, and Amundi, an European asset manager, have raised $436 million to support green, resilient, inclusive recovery in emerging markets

​IFC and DBS launch $500M facility to promote trade flows in emerging markets

The World Bank's member International Finance Corporation (IFC) and Singapore-based lender DBS Bank Limited (DBS) have signed a $500 million facility under IFC’s Global Trade Liquidity Program (GTLP). 20 percent of the facility will be allocated to climate-eligible trade transactions

IFC report urges FinTech firms to target women customers in emerging markets for financial inclusion

The survey findings also show that women still make up a minority of FinTech portfolios, with 63 percent of the lending-focused FinTech firms reporting that women-owned small and medium sized enterprises (SMEs) make up less than a quarter of their portfolio.

IFC provides $200M loan to boost sustainable finance in Indonesia

Through a $200 million loan to PT Bank Shinhan Indonesia (BSI) — a corporate and retail finance bank in the country —IFC aims to boost sustainable financing while supporting the nation's climate goals, including a first of its kind blue finance component.

IFC provides $64M green loan to boost renewable energy in Thailand, Indonesia, and Vietnam

A new investment through a green loan facility will help develop more renewable energy projects in Thailand, Indonesia, and Vietnam, with International Finance Corporation (IFC)'s $64 million to Sermsang Palang Ngan Company Limited (SPN) aiming to address the region's growing energy demand.