Summary: International Finance Corp. Feb 09

Standard & Poors, February 2009

Abstract
International Finance Corp. (IFC) is a member of the World Bank Group, along with the International Bank for Reconstruction and Development (IBRD; AAA/Stable/A-1+ [all institutional ratings herein are Standard & Poor's Ratings Services' issuer credit ratings as of Jan. 28, 2009), the International Development Association (IDA; not rated), the Multilateral Investment Guarantee Agency (MIGA; not rated), and the International Centre for Settlement of Investment Disputes (ICSID; not rated). Although it is cooperating increasingly closely with IBRD and IDA, IFC is legally and financially independent of other World Bank Group entities and has its own articles of agreement, shareholders, financial structure, management, and staff. IFC pursues its development mandate by: Making medium- and long-term loans and purchasing clients' debt instruments, none...

Companies mentioned in this report are:
- International Finance Corp.

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

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.

- International Finance Corp.

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