Press Releases

Japan’s Support to IFC Advisory Services throughout the Global Financial Crisis
Ho Chi Minh City, Vietnam, March 30, 2009— This is the second time that IFC, a member of the World Bank Group and the Government of Japan are organizing a trade finance training in Vietnam to support banks to learn how to mitigate risks associated ...more

IFC Invests in Cambodia’s Telecommunications Sector, Expanding Service in Rural Areas
Phnom Penh, Cambodia, March 25, 2009—IFC, a member of the World Bank Group, has organized a $100 million investment in Cambodia’s CamGSM Company Ltd to help strengthen the telecommunications sector and expand access to affordable mobile services in ...more

IFC Promotes Sustainable Banking in Vietnam, Showcasing China’s Achievements
Hanoi, Vietnam, March 17, 2009 — IFC, a member of the World Bank Group, is helping Vietnamese banks manage environmental and social risks by facilitating the sharing of knowledge and experience among Chinese and Vietnamese banks and government ...more

IFC to Reduce Shareholding in Vietnam’s Sacombank
Hanoi, Vietnam, December 15, 2008 — International Financial Cooporation IFC, a member of the World Bank Group, today announced its intention to sell 50 percent, or 16,083,664, of its common shares in Vietnam’s Saigon Thuong Tin Commercial Joint ...more

IFC Pledges More Support for Cambodia’s Microfinance Institutions
Phnom Penh, Cambodia, October 21, 2008 – International Finance Corporation, a member of the World Bank Group, has pledged more support for microfinance in Cambodia to help local institutions expand their reach in remote areas. Given the global ...more