Summary: International Finance Corporation Oct 04
- ID: 2046318
- October 2004
- Region: Global
- Standard & Poors
The ratings on the International Finance Corporation (IFC) are based upon: A strong financial profile, including adequate capital and ample liquidity; Conservative statutory and management policies; and Membership in the World Bank Group and expected treatment as a preferred creditor. IFC is a member of the World Bank Group, along with the International Bank for Reconstruction and Development (IBRD), the International Development Association (not rated), and the Multilateral Guarantee Agency (not rated). It was established in 1956 to complement the activities of IBRD by encouraging the growth and development of the private sector in developing member countries. With 176 members, second in number only to IBRD among multilateral development finance institutions (MDFIs), IFC pursues its mandate by: Making medium- and...
Companies mentioned in this report are:
- International Finance Corp.
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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included. SHOW LESS READ MORE >