Sound financial markets are vital to development—they ensure efficient resource allocation, create jobs, and spur economic growth.
IFC’s Financial Markets department accounts for almost half of IFC’s new investments each year. We focus on small and medium enterprises, microfinance, climate change, and agri-finance. The department is also expanding products for women entrepreneurs, capital markets, insurance, private equity, and housing. Given the current external environment, we are striving to find solutions to support and mitigate the effects of the ongoing global financial crisis. IFC is stepping in to fill the gap to help small and medium enterprises increase access to finance as credit becomes increasingly constrained. Importantly, these firms account for more than half of employment worldwide.
To maximize our impact, we work with a network of more than 800 financial intermediaries to extend financial products and best practices to more businesses and microfinance entrepreneurs than we could on our own.