IFC promotes development by mobilizing financing for the private sector in its developing member countries. In carrying out this role, we operate as both a financial and developmental institution. This developmental mandate is what differentiates IFC from commercial financiers. IFC acts as a catalyst in raising capital from foreign and domestic sources, in both private and public markets, for projects in the private sector of its member countries.
IFC's Syndication and Resource Mobilization Department ("CMO") mobilizes funds for the Corporation through: i) the B Loan Program, ii) the use of parallel loans, and iii) the planned securitization of IFC's portfolio of loans. The providers of funds under the B Loan Program are mainly commercial banks, while the providers of funds for parallel loans are mainly export credit agencies, (quasi-) governmental entities, other multilateral organizations and local banks.
The CMO Department consists of the following three groups:
The Syndications group ("CMOSY") is responsible for B Loan syndications and coordinating parallel loans. IFC's B Loan Syndication Program allows participants to enjoy the advantages of IFC's status as a multilateral institution. By participating in a B Loan transaction, participants benefit from IFC's Preferred Creditor Status.
Learn more...
The B Loan Management group ("CMOBL" or "BLM") was established as a dedicated resource to provide consistent service to B Loan participant banks, and to ensure that IFC's contractual obligations under the loan agreements and participation agreements are fulfilled. The group manages $5.5 billion in B Loans held by over 154 financial institutions.
Learn more...
The A Loan Securitization group ("CMOFS") is responsible for designing a program to securitize part
of IFC’s A loan portfolio. This program will allow the Corporation to: (i) diversify resource mobilization sources; (ii) facilitate its growth strategy , and (iii) facilitate exposure management.
Learn more...