IFC 2008

1. IFC 2008 Creating Opportunity

2. IFC’s Vision: That poor people have the opportunity to escape poverty and to improve their lives • IFC is a social enterprise, a development finance institution that fosters economic growth in developing countries through investments and advisory services. • IFC demonstrates the profitability of investments in emerging markets, encouraging further investment by private sector financiers. • IFC accepts substantial business risks,going where other investors are unwilling to.

3. IFC’s Structure • Owned by 180 member countries • IFC is the main driver of private sector development in the World Bank Group • Collaborates with other members of the group, including the World Bank (IBRD and IDA) and MIGA. • Global: Headquartered in Washington, D.C. • Local: More than 100 offices worldwide

4. Bringing Solutions to Clients • IFC is responding to rising demand for private sector financing and expertise. • IFC brings solutions to clients through investments and advisory services. • IFC helps fill unmet needs by directing capital and knowledge to areas not yet benefiting from growth in emerging markets. • To be close to clients, more than half of IFC’s 3,100 staff work infield offices.

5. IFC’s Global Reach 100+ country and regional advisory services offices worldwide

6. Strategic Priorities • Assisting IDA countries, other frontier markets, conflict-affected countries, and areas of middle-income countries where 70% of poor people live, with emphasis on smaller businesses and agribusiness • Building long-term relationships with local companies • Addressing climate change and promoting environmental and social sustainability • Helping the private sector strengthen infrastructure, health, and education • Developing local financial markets

7. IFC Business Solutions:Financial Products • Loans and intermediary services • Equity and quasi-equity • Loan participations • Structured finance • Risk management products • Trade finance • Subnational finance • Treasury operations

8. IFC Business Solutions: Advisory Services Five main business lines: • Business enabling environment • Access to finance • Environmental and social sustainability • Infrastructure • Value addition to firms

9. The Reach of IFC’s Projects IFC’s activities help raise living standards for people throughout the developing world Last year our reach included: • 5.5 million patients • 675,000 students • 11.4 million electricity customers • 18 million water customers • 7.5 million microfinance and housing loans • 50 million new phone connections

10. Fiscal Year 2008 Highlights • Investments: 372 new projects in 85 countries • Advisory services: 299 new projects in 75 countries • $16 billion in financing: $11.4 billion for IFC’s own account, $4.8 billion mobilized • Frontier and IDA countries received more than 40 percent of investments and 55 percent of advisory spending • $1.4 billion invested in Sub-Saharan Africa • $1.4 billion invested in the Middle East and North Africa

11. IFC’s Growing Role in IDA • More than 40 percent of investment and advisory services projects are in IDA countries. • Aim to increase to 50 percent over the next three years. • IFC pledged $1.75 billion to IDA over the 3-year funding cycle. • A winning combination for the poor: IDA, IFC, and IBRD

12. A Shared Mission IFC shares the mission of the World Bank Group: To fight poverty with passion and professionalism for lasting results To help people help themselves and their environment by providing resources, sharing knowledge, building capacity, and forging partnerships in the public and private sectors