Taking the Lead
Nov 1, 2011
Multilateral - Best Bank – IFC
The World Bank’s International Finance Corporation (IFC) outshone other multilaterals this year after funneling some $5.3 billion in financing to banks and companies in LatAm and the Caribbean during fiscal year 2011.
Of that amount, about $3 billion came from the IFC’s own account, with the rest being mobilized through investment partners. In total, this marked a 50% increase from the volumes generated in 2009, and for that period it was the largest amount of multilateral funding extended to the region’s private sector.
“More importantly, we have...
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