International Finance Corporation

The International Finance Corporation (IFC) said on June 25 it has agreed to loan 154 million euros ($172 million) to finance the building of a planned healthcare complex in Ankara.

The IFC, a member of the World Bank Group, said in a statement the loan would fund the 1.1 billion euro ($1.23 billion) integrated campus.

The International Finance Corporation (IFC) said on June 22 it has introduced an innovative financial instrument to expand the availability of Turkish Lira financing for private enterprises in Turkey.

The IFC, a member of the World Bank Group, has become the first multilateral institution to issue lira-denominated discount notes.

A meeting of the International Finance Corporation (IFC) taking place June 17-26 has included a show of succesfull models of Bulgarian corporate governance.

The Boyner Group, one of the leading companies in the non-food retail sector, announced recently that it was cooperating with the World Bank?s International Finance Corporation (IFC) to support women entrepreneurs in the supply chain.

Once again the critical vote in this election will be women?s vote. For more than a decade, President Tayyip Erdo?an has dominated the female electorate with his charisma, oratory and his personal appeal for women?s financial troubles. Now, for the first time, he may actually have a rival.

Turkey's Iyzico, which has aimed to provide a platform to allow e-commerce sites and other apps to easily process online payments, has raised $6.2 million in a Series B round of financing. Leading the round was the International Finance Corporation (IFC), the World Bank's investing arm, as reported by TechCrunch. 

The World Bank Group is allocating USD 1.2 B to Albania under the 2015-2019 Country Partnership Framework (CPF), the international institution has announced.

This is a substantial share of its GDP, which amounted to about USD 13.6 B in 2014 according to national statistics.

A spokesperson for Albania's General Prosecutor's office has told BIRN that  prosecutors will review all the procedures over the award of a concession to an Austrian company to build a controversial hydro-power plant.

"All the people that might have knowledge of the project will be questioned as part of the investigation," Albi Serani said.

Turkey?s state-run Halkbank said on March 20 it has signed a deal to buy a 76.76 percent stake in Serbian lender Cacanska Banka for 10.1 million euros ($10.9 million).

Cacanska Banka has a 1.1 percent market share and assets of 263 million euros.

The Bucharest Stock Exchange (BVB) is organizing, on Thursday, a specialty conference with the topic of "Perspectives for the development of the municipal bonds market at the Bucharest Stock Market".