Posts Tagged ‘International Finance Corporation’

Microfinance Focus, August 12, 2010: IFC (International Finance Corporation), a member of the World Bank Group, has recently brought a video series of round table discussions with IFC corporate governance experts called SmartTalk.  SmartTalk is a series of round table discussions where IFC staff and external guests exchange experiences and discuss different aspects of corporate governance. IFC is helping financial institutions in emerging markets—banks, microfinance institutions, ... Full story

By Nagesh Narayana Microfinance Focus, Feb 5, 2010: MicroVest Capital Management, LLC has closed fundraising for MicroVest II, LP, its second private equity fund targeting top-tier microfinance institutions, at $60 million in commitments in December 2009, said a statement. J.P. Morgan Securities Inc., one of its affiliates was a lead investor and acted as a placement agent. Other lead investors include the International Finance Corporation, CARE USA, ... Full story

Microfinance Focus, Nov 09, 2009: TenGer Financial Group LLC (TenGer), the holding company of XacBank, successfully increased its share capital by MNT 7.5 billion. A total of MNT 7.5 billion was raised from the existing shareholders and MNT 5 billion of this amount injected in XacBank, bringing its capital to MNT33.6 billion, said in an official release. XacBank based out of Ulaanbaatar, Mongolia, is a microfinance ... Full story

Microfinance Focus, Nov. 06, 2009: International Finance Corporation`s ( IFC) microfinance portfolio at June 2009 comprised more than US $1.3 billion committed investments in over 140 MFIs, and more than $70 million in advisory services  ,according to "IFC Access to Finance: Highlights Report 2009" released this week. IFC Access to Finance has effectively supported the ... Full story

Microfinance Focus, Aug. 27, 2009: International Finance Corporation, an investment arm of the World Bank, has provided $1 billion in new financing to businesses in West and Central Africa in the year ended June 2009, a 58 per cent increase, as part of its commitment in private sector investment and advisory services in the region, said Director for West and Central Africa, Yolande Duhem, ... Full story