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 long term finance investment in Kosovo totaled $391.4 million, including $369.2 million mobilized from our partners, in 5 projects across a variety of sectors. In addition, IFC has supported trade flows of $4.8 million through its trade finance program. Our committed investment portfolio in Kosovo as of 30 June 2016 is $9.1 million. In fiscal year 2016, IFC invested $2 million in Kosovo. Through the joint GPs and independently, 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.