International Finance Corporation2012-03-192012-03-192009https://hdl.handle.net/10986/4362International Finance Corporation (IFC) is an international organization, established in 1956, to further economic growth in its developing member countries by promoting private sector development. IFC's principal investment products are loans and equity investments, with smaller debt securities and guarantee portfolios. IFC also plays a catalytic role in mobilizing additional funding from other investors and lenders, either through co financing or through loan participations, underwritings, and guarantees. In addition to project finance, corporate lending and resource mobilization, IFC offers an array of financial products and advisory services to private businesses in the developing world to increase their chances of success. It also advises governments on how to create an environment hospitable to the growth of private enterprise and foreign investment. IFC raises virtually all of the funds for its lending activities through the issuance of debt obligations in the international capital markets, while maintaining a small borrowing window with International Bank for Reconstruction and Development (IBRD). The management discussion and analysis contains forward looking statements which may be identified by such terms as 'anticipates,' 'believes,' 'expects,' 'intends,' 'plans' or words of similar meaning. Such statements involve a number of assumptions and estimates that are based on current expectations, which are subject to risks and uncertainties beyond IFC's control. Consequently, actual future results could differ materially from those currently anticipated.CC BY-NC-ND 3.0 IGOACCOUNTINGACCOUNTING STANDARDSASSET MANAGEMENTASSET PORTFOLIOSASSET QUALITYASSET VALUESASSET-BACKED SECURITIESASSET-LIABILITY MANAGEMENTASSETS RATIOBALANCE SHEETBANKING SYSTEMSBASIS POINTBONDSBORROWERBUYBACKSCAPITAL ADEQUACYCAPITAL ALLOCATIONCAPITAL BASECAPITAL GAINSCAPITAL STOCKCAPITALIZATIONCASH FLOWSCERTIFICATES OF DEPOSITSCOLLATERALCOLLATERAL AGREEMENTSCOLLECTIVE INVESTMENTCOMMERCIAL BANKSCOMMODITY PRICECONTINGENCY PLANNINGCONTRACTUAL OBLIGATIONSCORPORATE BONDSCORPORATE GOVERNANCECORPORATE LAWCREDIT GUARANTEESCREDIT LOSSCREDIT MARKETSCREDIT POLICIESCREDIT QUALITYCREDIT RATINGCREDIT RATING AGENCIESCREDIT RATINGSCREDIT RISKCREDIT RISK EXPOSURESCREDIT RISKSCREDIT SPREADSCURRENCYCURRENCY COMPOSITIONCURRENCY RISKDEBTDEBT INSTRUMENTSDEBT OBLIGATIONSDEBT SECURITIESDEBT SECURITYDECENTRALIZATIONDERIVATIVEDERIVATIVE INSTRUMENTSDERIVATIVE PRODUCTSDERIVATIVE TRANSACTIONSDERIVATIVESDERIVATIVES MARKETDEVELOPING COUNTRIESDEVELOPING COUNTRYDEVELOPMENT FINANCEDISBURSEMENTDISBURSEMENTSDISCOUNT NOTEDOMESTIC CAPITALDOMESTIC CAPITAL MARKETSDOMESTIC MARKETSDUE DILIGENCEEMERGING MARKETEMERGING MARKET COUNTRYEMERGING MARKETSENABLING ENVIRONMENTEQUITIESEQUITY FUNDEQUITY INVESTMENTEQUITY INVESTMENTSEXCHANGE RATESEXPENDITURESEXTERNAL FUNDINGFAIR VALUEFAIR VALUESFINANCESFINANCIAL CRISISFINANCIAL FUTURESFINANCIAL INSTRUMENTSFINANCIAL MARKETFINANCIAL PERFORMANCEFINANCIAL RISKFINANCIAL STATEMENTSFINANCIAL STRUCTUREFINANCIAL SYSTEMFIXED INCOMEFIXED INCOME PORTFOLIOFIXED INCOME SECURITIESFLOATERFLOATING RATEFOREIGN CURRENCYFOREIGN EXCHANGEFOREIGN INVESTMENTFRAUDFUND MANAGERFUTURE CASH FLOWSGLOBAL TRADEGOVERNANCE STANDARDSGOVERNMENT BONDSGOVERNMENT GUARANTEESGOVERNMENT SECURITIESGUARANTEE FEESHOLDINGSHOST GOVERNMENTINCOME INSTRUMENTSINFORMATION SYSTEMSINFORMATION TECHNOLOGYINSURANCEINSURANCE POLICIESINTEREST RATEINTEREST RATE FUTURESINTEREST RATE RISKINTEREST RATE RISKSINTEREST RATE SWAPINTEREST RATE SWAPSINTEREST RATESINTERNAL AUDITINTERNATIONAL BANKINTERNATIONAL CAPITALINTERNATIONAL CAPITAL MARKETSINTERNATIONAL CREDITINTERNATIONAL CREDIT RATINGINTERNATIONAL DEVELOPMENTINTERNATIONAL FINANCEINTERNATIONAL FINANCIAL INSTITUTIONSINVESTINGINVESTMENT ACTIVITYINVESTMENT CLIMATEINVESTMENT FINANCINGINVESTMENT GUIDELINESINVESTMENT OPPORTUNITIESINVESTMENT PORTFOLIOINVESTMENT VEHICLESISSUANCEISSUANCESLENDERLENDERSLIABILITYLIQUID ASSETLIQUID ASSETSLIQUIDITYLIQUIDITY MANAGEMENTLIQUIDITY RISKLIVING STANDARDSLOANLOAN PARTICIPANTSLOAN PORTFOLIOLOCAL CURRENCYLOCAL FINANCIAL MARKETSLOCAL GOVERNMENTLONG-TERM EXTERNAL DEBTMACROECONOMIC CONDITIONSMARK-TO-MARKETMARKET ACCESSMARKET BORROWINGSMARKET CONDITIONSMARKET ENVIRONMENTMARKET LIQUIDITYMARKET MAKERSMARKET PLAYERSMARKET PRACTICESMARKET RISKMATURITIESMATURITYMICROFINANCEMONEY MARKETMONEY MARKET INSTRUMENTSMORTGAGEMORTGAGE FINANCEMORTGAGE MARKETMORTGAGE-BACKED SECURITIESNONPERFORMING LOANNONPERFORMING LOANSOUTSTANDING DEBTPARTIAL CREDITPORTFOLIOPORTFOLIO MANAGEMENTPORTFOLIO PERFORMANCEPORTFOLIOSPOTENTIAL INVESTMENTPREPAYMENTSPRIVATE CAPITALPRIVATE INVESTORSPRIVATE SECTOR FINANCEPRODUCTIVE INVESTMENTSPUBLIC MARKETSREINVESTMENTREPAYMENTREPOSRESERVERESERVESRETURNRETURNSRISK ASSESSMENTSRISK MANAGEMENTRISK MEASUREMENTRISK PROFILERISK SHARINGSETTLEMENTSHAREHOLDERSHORT-TERM DEPOSITSSOVEREIGN RISKSWAPTIME DEPOSITSTRADE FINANCETRADINGTRANSACTIONTREASURIESTREASURYVALUE OF ASSETSVARIABLE RATEYIELD CURVEWorld Bankhttps://doi.org/10.1596/4362