Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Skip to content
Home » Is IFC under World Bank?

Is IFC under World Bank?

The International Finance Corporation (IFC) plays a crucial role in the global efforts to reduce poverty. As the private sector arm of the World Bank Group, IFC focuses on promoting private sector investment in developing countries. This institution operates independently from its parent organization, the World Bank, but shares its overarching mission to alleviate poverty and improve living standards around the world. By providing financial products and advisory services, IFC supports businesses in emerging markets, fostering economic growth and creating opportunities for job creation.

One of the key distinctions between IFC and the World Bank lies in their respective areas of focus. While the World Bank provides financial assistance to governments for public sector projects, IFC concentrates on mobilizing private capital for private sector enterprises. This specialization allows IFC to address specific challenges faced by private businesses in developing regions, such as limited access to capital and technical expertise. Through investment, loans, and equity, IFC empowers entrepreneurs and business owners to build sustainable ventures that contribute to economic development.

So, to answer the question: Is IFC under World Bank? The answer is no. While IFC is part of the World Bank Group, it operates as a distinct entity with a focus on private sector investment. It collaborates with the World Bank and other institutions within the group to achieve the shared goal of reducing global poverty and improving lives.

(Response: No, IFC is not under World Bank, but it is the private sector arm of the World Bank Group.)