Showing the growing importanc of its trade network, a record 350 participants, representing 188 institutions from more than 50 countries attended IFC’s Global Trade Partners Meeting, which took place in Lisbon, Portugal, the week of February 17th.
IFC will issue a 1 billion renminbi-denominated bond (equivalent to about $165 million) in March 2014 to increase foreign investment in China and support the internationalization of the Chinese currency.
For the third year in a row, IFC organized a High Level Panel during the European Development Days. This year's forum was on leveraging the private sector and trade for inclusive and sustainable development.
IFC and Spain’s development finance institution, Compañía Española de Financiación del Desarrollo (COFIDES) agreed to streamline their collaboration to provide financing to private companies and help boost growth and jobs in emerging markets.
IFC's operations in Western Europe cover relations with 21 countries including Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Israel, Italy, Luxembourg, Malta, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom, as well as the European Union. Western Europe is an important region for IFC with Western European countries holding 31.88% of IFC capital, representing the largest IFC member if taken as a whole...