1. THE POWER
OF PARTNERSHIPS

2. IFC: Part of the World Bank Group
Conciliation and arbitration of investment disputes
Guarantees of private sector investment’s non-commercial risks
Interest-free loans and grants to governments
of poorest
countries
Loans to middle-income and credit-worthy low-income country governments
Solutions in
private
sector development
IBRD
International Bank for Reconstruction and Development
IDA
International Development Association
IFC
International Finance Corporation
MIGA
Multilateral Investment and Guarantee Agency
ICSID
International Center for Settlement of Investment Disputes

3. World Bank Group Commitments, FY13
Total Commitments: $52.6 Billion
Loans, grants, equity investments, guarantees, and advisory services to support development
*Excluding mobilization ($6.5b)

4. A global institution, now owned by 184 member countries
IFC’s History
A global institution, now owned by 184 member countries
IFC Launch
PSD added to the global economic agenda
IFC coins
term “emerging markets”
IFC scales up investments
The global leader in private sector development finance s
1980
1956
Today

5. IFC’s Priorities Strategic Focus Areas Long-term client relationships
Frontier
markets
Climate change
and environmental
& social sustainability
Local financial
Long-term
client relationships
in emerging markets
Strategic Focus Areas
Constraints to private sector growth in infrastructure, health, education, & the food supply chain

6. IFC: A Valuable Partner
We help clients in good times and bad by offering:
A strong financial position, strategy, staff
Low leverage ratios, prudent risk management policies
A long-term partnership perspective, providing clients important countercyclical financing when commercial banks cut back
The expertise and experience needed to make a difference, focusing on innovative transactions where our development impact is the highest

7. What Clients Value About IFC
Long-Term Partner Role
WBG Stamp of Approval
Financing Not Readily Available Elsewhere
Worldwide Presence
Broad Range of Products
Global/ Local Knowledge of Industries & Markets
Ability to Mobilize Additional Funds
Perceived Risk Mitigation
2013 IFC Client Survey

8. Integrated Solutions, Increased Impact
Our Three Businesses
Integrated Solutions, Increased Impact
IFC Asset Management Company
Wholly owned subsidiary of IFC
Private equity fund manager
Invests third-party capital alongside IFC
$5.5 b under mgmt (FY13)
Investment Services
Loans
Equity
Trade finance
Syndications
Securitized finance
Risk management
Blended finance
$49.6 b portfolio (FY13)
Advisory
Services
Access to finance
Investment Climate
Sustainable Business
Public-Private Partnerships
$232 m (FY13)

9. Investment Services Loans Equity Trade Finance Syndications
Structured Finance
Risk Management
Blended Finance
Project and corporate financing
On-lending through intermediary institutions
Direct equity investments (up to 20% of company’s equity)
Private equity funds
Guarantee of trade-related payment obligations of approved financial institutions
Capital mobilization to serve developmental needs
Over 60 co-financiers: commercial banks, fund, and DFIs
Products including credit guarantees, liquidity facilities, portfolio risk transfer, securitizations, and Islamic finance
Derivative products to hedge interest rate, currency, or commodity-price exposures of IFC clients
Combination of concessional funds with IFC resources to finance initiatives & achieve impact that would otherwise be unattainable

10. Advisory Services Access to Finance Investment Climate
Increases availability and affordability of financial services for individuals and micro, small, and medium enterprises
Investment Climate
Helps governments implement reforms that improve business environment and retain investments
Public-Private Partnerships
Helps governments design and implement PPPs in infrastructure and other basic public services (electricity, water, health and education)
Sustainable Business
Helps clients promote sound environmental, social, governance, and industry standards; catalyze investment in clean energy/resource efficiency; and support sustainable supply chains and community investment

11. IFC Asset Management Company
IFC Capitalization Fund
Helps strengthen systemically important banks in emerging markets, bolstering their ability to cope with financial and economic downturns
IFC African, Latin American, & Caribbean Fund
Co-invests with IFC in equity and equity-related investments across a range of sectors in Sub-Saharan Africa, Latin America, and Caribbean
Africa Capitalization Fund
Invests in systemically important commercial banking institutions in Africa
IFC Russian Bank Capitalization Fund
Invests in commercial banking institutions in Russia
IFC Catalyst Fund
Invests in funds that provide growth capital to companies developing innovative ways to address climate change in emerging markets
IFC Global Infrastructure Fund
Co-invests with IFC and equity-related investments in the infrastructure sector in emerging markets

12. IFC’s Global Reach
109 country and regional offices worldwide, AAA credit rating
4,015 staff (57% are based outside Washington DC)
Update Map: take star off of Paris and replace with normal dot, take out name “Paris” DONE

13. FY13 Investment Commitments: $24.8 Billion
22% growth from FY12 to FY13 13

14. Investments by Industry, FY13
Commitments for IFC’s Account: $18.3 Billion

15. Investments by Region, FY13
Commitments for IFC’s Account: $18.3 Billion

16. Advisory Services by Business Line, FY13
Total Program Expenditures: $231.9 Million

17. Advisory Services by Region, FY13
Total Program Expenditures: $231.9 Million

18. IFC’s Selected Agribusiness Investments in Horticulture
San Miguel, S.A.
Argentina
Loan: $20 million
Syndication: $10 million
Rehabilitation and expansion of lemon production and processing operations. Restructuring of debt and expansion of export capacity.
Committed: 2005
Yantai North Andre
China
Loan: $15 million
Expansion of apple juice concentrate business.
Committed: 2005
Favorita
Ecuador
Loan: $50 million
Syndication: $23 million
Expansion and vertical integration of banana plantations for export.
Committed: 1999, 2003, 2007
Kongoni
Kenya
Loan: $1.9 million
Expansion of existing 10 hectare horticulture and flower production sites.
Committed: 2005
Bioparques
Mexico
Loan: $12 million
Construction and expansion of greenhouse-farmed beefsteak tomatoes for export to North America.
Committed: 2008
Viru
Peru
Loan $15 million
Expansion of plantations, processing lines for canned asparagus exports.
Committed: 2007
Milagro
Uruguay
Loan: $10 million
Expansion of citrus plantations and packing & processing facilities.
Committed: 2009
Karsten Farms
South Africa
Loan: $7.2 million
Expansion of farming operations & establishment of fruit trading, logistics and handling services in South Africa. Committed: 2006

19. Select Transactions in the Retail Sector
28.2
Select Transactions in the Retail Sector
EMENA
EMENA
EMENA
EMENA
EMENA & Asia
Azerbaijan
US$18 million Loan & Equity
Belarus
US$70 million Loan & Equity
Ukraine
US$51 million Loan
Belarus
US$26 million Loan & Equity
Lebanon
US$20 million Loan & Equity
Bulgaria
US$52 million Loan
Russian Federation
US$171 million Loan
Turkey
US$30 million Loan
Egypt
US$15 million Loan
China
US$7 million Equity
Croatia, Poland
US$49 million Loan
Slovenia, Croatia, Serbia, Bosnia & Herzegovina
US$51 million Loan
Russian Federation
US$67 million Loan
Egypt
US$49 million Loan & Equity
India
US$15 million Loan & Equity

20. IFC’s Experience in the Chemicals Sector
Examples of IFC’s Experience With Global Partners:
Downstream Oil and Gas and Other Sectors
Star Petroleum Refining Co.
US$ mm 350 Debt
Thailand
A Loan: US$40M
Equity: US$35M
USA - Brazil
MBAC (Itafos)
US$80m
India
Supply Chain Finance Facility
USA
A Loan: US$ 30M
Risk Management: US$45M
USA - Colombia
Omimex (Abocol Colombia)
Dallas, TX
US$70m Risk Sharing Facility
Ukraine
Pecom
(Now Petrobras Argentina)
US$ 50 mm Debt
Argentina
BHP Biliton, Mitsubishi, Industrial Dev. Corp., Gov’t of Mozambique Joint Venture
Bayer Ukraine Ltd.
EDF La Ventosa
US$25m Debt and US$15m Concessional Financing
Mexico
US$25m Debt
Mozambique
Shell Petroleum Corporation
US$ 135mm Financing
Philippines
Orascom
Veolia Voda S.A.
Global Trade Liquidity Program
A Loan $200MM, B Loan $125mm
Equity $50M
Egypt
€ 50m Share Issue
Ukraine and Russia
US$4b
Global 20

21. International Finance Corporation
David Fulton
Head, USA and Canada
International Finance Corporation