Founded in 1956, IFC is the private sector investing arm of the World Bank. IFC primary objective is to foster sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments.
IFC helps companies and financial institutions in emerging markets create jobs, generate tax revenues, improve corporate governance and environmental performance, and contribute to their local communities. IFC has 182 member countries, which collectively determine its policies and approve investments.