Sage-Tips

What is it like working for IFC?

IFC has a distinct culture and environment, relative to World Bank at large. Environment greatly fast paced and people who are innovative and are on the go are rewarded with recognition. Great benefits.

Is IFC same as World Bank?

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries. IFC is also a leading mobilizer of third-party resources for its projects.

Is IFC an arm of World Bank?

IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused exclusively on the private sector in developing countries.

How is it like to work at World Bank?

Diverse work environment, great colleagues and challenging work. The World Bank is a first class institution where you will learn a lot, work with people from around the world. The benefits are stellar, but be ready to work a lot.

Is IFC an investment bank?

Washington, D.C., U.S. The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries.

Is IFC salary tax free?

(b) No tax shall be levied on or in respect of salaries and emoluments paid by the Corporation to Directors, Alternates, officials or employees of the Corporation who are not local citizens, local subjects, or other local nationals.

Who owns the International Finance Corporation?

World Bank
World Bank Group
International Finance Corporation/Parent organizations
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. Established in 1956, IFC is owned by 184 member countries, a group that collectively determines our policies.

Who are IFC clients?

What is an IFC client? An IFC client is a legal entity to which IFC provides financial products or services. A client is usually a company, financial institution, or other private enterprise. A client may be either pre-existing enterprise, or a new company set up as part of the project in which IFC is investing.