Only 20% of firms in Eastern Europe and Central Asia have female top managers. IFC’s Corporate Governance Program in ECA promotes the business case for good CG practices and emphasizes business benefits of gender diversity on boards.
Corporate governance has been gradually emerging as a key business concept in the countries of southern Europe, in particular as countries in the region seek foreign direct investment and are progressing on the EU path
January 25, 2011 - The World Bank Group has announced that it is making $27 billion in funding available over the next two years for countries of Europe and Central Asia (ECA) affected by the Eurozone crisis.
Kosovo became a member and shareholder of IFC in 2009. Since then, IFC's investment in Kosovo totaled $390 million, including $369 million in syndicated loans, in 5 projects across a variety of sectors. Our committed investment portfolio in Kosovo as of 30 June 2013 is $15 million. In fiscal year 2013, IFC invested $325 million in Kosovo, including $319 million of syndicated loans. IFC invested in the general manufacturing and mining sectors. IFC’s advisory services in Kosovo aim to improve the investment climate, performance of private sector companies and to attract private sector participation in development of infrastructure projects.
Details of projects currently in progress can be found in IFC Disclosure. For completed projects see press releases below or visit the IFC Press Room.