South Asia
South Asia is the fastest growing region in the world. Despite a sharp decline in poverty over the past decade, South Asia is still home to 216 million poor people, one-third of whom are the world’s poorest. IFC focuses on providing access to critical infrastructure, expanding access and inclusion, and providing sustainable solutions to development challenges.
In FY19, IFC provided about $3 billion in long-term investments in South Asia, including $1.1 billion mobilized from other investors. Our clients provided 21.6 million loans to micro, small, and medium-sized enterprises, totaling about $50 billion. We facilitated $575 million in financing for infrastructure through public-private partnerships. Our clients reached 1.5 million farmers.
FY19 Development Results
Numbers at the left end of each bar are the total number of companies rated.
Project Financing and Portfolio, by Region
| South Asia $ millions, for the year ending June 30 |
FY191 |
|---|---|
| Long-term investment commitments | 1,848 |
| Loans | 1,483 |
| Equity | 237 |
| Guarantees and risk management | 128 |
| Core mobilization* | 1,124 |
| Total commitments | 2,972 |
| Portfolio Exposure** for IFC's account | 10,856 |
| Committed portfolio for loan syndications*** | 669 |
| Total committed portfolio | 11,524 |
* Including Loan Syndications (B-Loans, Parallel Loans, and MCPP Loans), IFC Initiatives, AMC, Other Mobilization by Decision, and Public-Private Partnerships (PPP) Mobilization, as applicable for this Region. ** Portfolio exposure is defined as the sum of the (i) committed exposure for IFC’s debt investments, (ii) fair market value of IFC’s equity investments, and (iii) total undisbursed equity commitments. *** Including B-Loans, Agented Parallel Loans, MCPP Loans, Secured Borrowings, Unfunded Risk Participations (URP), Credit Insurance Policies (CIP) and A-Loan Participations (ALPS). 1 Excludes individual country shares of regional and global projects.
Development Reach
| South Asia | Portfolio | ||
|---|---|---|---|
| CY17 | CY18 | ||
| MSME loans (# of loans)1 | 25,229,108 | 21,637,725 | |
| MSME loans (amount in $ millions)1 | 49,676 | 49,935 | |
| Power generation (millions of people)2 | 26.6 | 19.5 | |
| Gas distribution (millions of people)3 | 1.1 | 1.1 | |
| Power distribution (millions of people) | 0.0 | 0.0 | |
| Phone connections (millions of people)4 | 126.6 | 127.4 | |
| Farmers reached | 1,660,007 | 1,461,025 | |
| Patients served | 26,589,683 | 25,961,532 | |
| Students reached | 262,468 | 39,994 | |
| Employment | 591,490 | 567,230 | |
| Domestic purchase of goods and services ($ millions) | 5,151 | 5,138 | |
| Payments to governments ($ millions) | 2,732 | 2,570 | |
1 Portfolio reach figures represent the micro, small, and medium outstanding loan portfolio of IFC's financial institution clients with MSME-oriented finance. 2 One client in South Asia contributed 9.9 million to power generation customers reached. 3 One client in South Asia contributed 1.1 million to gas distribution customers reached. 4 One client in South Asia contributed 72.7 million to phone connections customers reached.
Largest Country Exposures
| Portfolio Exposure ($ millions)1 | |||
|---|---|---|---|
| Rank within Region | Country | FY18 | FY19 |
| 1 | India | 7.585 | 8,045 |
| 2 | Bangladesh | 1,578 | 1,159 |
| 3 | Pakistan | 1,228 | 1,146 |
Based on IFC's account, as of June 30
1 Excludes individual country shares of regional and global projects.
