THE POWER OF PARTNERSHIPS. IFC: Part of the World Bank Group 2 Conciliation and arbitration of investment disputes Guarantees of private sector investment’s.

THE POWER OF PARTNERSHIPS

IFC: Part of the World Bank Group

2

Conciliation and arbitration of investment disputes

Guarantees of private sector investment’s non-commercial risks

Interest-free loans and grants to governments of poorestcountries

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

IDA$16.3

b

IBRD$15.2 b

MIGA$2.8 b

IFC*$18.3

b

3

World Bank Group Commitments, FY13

Loans, grants,

equity

investments,

guarantees, and

advisory services

to support

development

Total Commitments: $52.6 Billion

*Excluding mobilization ($6.5b)

4

IFC’s History

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

1990-

2000s

1980

1956

Today

A global institution, now owned by 184 member countries

5

IFC’s Priorities

Frontier markets

Climate change and environmental & social sustainability

Local financial markets

Long-term client relationships

in emerging markets

Strategic Focus Areas

Constraints to private sector growth in infrastructure, health, education, & the

food supply chain

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We help clients in good times and bad by offering:

IFC: A Valuable Partner

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

Our Three Businesses

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)

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Integrated Solutions, Increased Impact

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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

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Advisory Services

Access to Finance

- 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

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IFC Asset Management Company

IFC Capitalization Fund- Helps strengthen systemically important

banks in emerging markets, bolstering their ability to cope with financial and economic downturnsIFC 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

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IFC’s Global Reach• 109 country and regional offices worldwide, AAA

credit rating • 4,015 staff (57% are based outside Washington DC)

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FY13 Investment Commitments: $24.8 Billion

13

FY

06

FY

07

FY

08

FY

09

FY

10

FY

11

FY

12

FY

13

0.0

5.0

10.0

15.0

20.0

25.0

30.0

6.8 8.211.0 10.5 12.7 12.2

15.418.3

1.43.8

5.03.5

5.3 6.54.9

6.5

New commitments are growing($ Billions)

IFC's own account Mobilization

22% growth from FY12 to

FY13

Investments by Industry, FY13

Financial Markets20%

Infrastructure12%

Consumer & Social Services

9%Manufacturing

7%Agribusiness & Forestry

7%

Funds5%

Telecom & IT3%

Oil, Gas, & Mining2%

Trade Finance35%

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Commitments for IFC’s Account: $18.3 Billion

Investments by Region, FY13

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Commitments for IFC’s Account: $18.3 Billion

Latin America & the Caribbean

26%

Sub-Saharan Africa19%

Europe & Central Asia18%

East Asia & the Pacific16%

Middle East & North Africa11%

South Asia9%

Global1%

Advisory Services by Business Line, FY13

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Total Program Expenditures: $231.9 Million

Investment Climate32%

Access to Finance27%

Sustainable Business

24%

Public-Private Partnerships

17%

Advisory Services by Region, FY13

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Total Program Expenditures: $231.9 Million

Latin America & the Car-ibbean11%

Sub-Saharan Africa28%

Europe & Central Asia16%

East Asia & the Pacific17%

Middle East & North Africa

9%

South Asia14%

Global5%

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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

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

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

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

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

Bioparques

Mexico

Loan: $12 million

Construction and expansion of greenhouse-farmed beefsteak tomatoes for

export to North America.

Committed: 2008

BIOPARQUES DE OCCIDENTE, S.A. DE C.V.

BIOPARQUES DE OCCIDENTE, S.A. DE C.V.

Viru

Peru

Loan $15 million

Expansion of plantations, processing lines for canned

asparagus exports.

Committed: 2007

Viru

Peru

Loan $15 million

Expansion of plantations, processing lines for canned

asparagus exports.

Committed: 2007

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

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

Milagro

Uruguay

Loan: $10 million

Expansion of citrus plantations and packing &

processing facilities.

Committed: 2009

Milagro

Uruguay

Loan: $10 million

Expansion of citrus plantations and packing &

processing facilities.

Committed: 2009

Select Transactions in the Retail Sector

EMENA EMENA EMENA EMENA EMENA & Asia

Lebanon US$20 million Loan & Equity

India US$15 million Loan & Equity

China US$7 million Equity

Belarus US$26 million Loan & Equity

Egypt US$49 million Loan & Equity

Egypt US$15 million Loan

Ukraine US$51 million Loan

Russian FederationUS$67 million Loan

Turkey US$30 million Loan

BelarusUS$70 million Loan & Equity

Slovenia, Croatia, Serbia, Bosnia & HerzegovinaUS$51 million Loan

Russian FederationUS$171 million Loan

AzerbaijanUS$18 million Loan & Equity

Croatia, PolandUS$49 million Loan

Bulgaria US$52 million Loan

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IFC’s Experience in the Chemicals Sector

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US$70m Risk Sharing FacilityUkraine

US$25m DebtMozambique

US$4bGlobal

US$25m Debt and US$15m Concessional

FinancingMexico

Bayer Ukraine Ltd.BHP Biliton, Mitsubishi, Industrial Dev. Corp., Gov’t of Mozambique

Joint Venture

Global Trade Liquidity Program

€ 50m Share IssueUkraine and Russia

EDF La Ventosa

Veolia Voda S.A.A Loan $200MM, B

Loan $125mmEquity $50M

Egypt

Star Petroleum Refining Co.

US$ mm 350 DebtThailand

Shell Petroleum Corporation

US$ 135mm Financing

Philippines

Pecom (Now Petrobras

Argentina)US$ 50 mm Debt

Argentina

A Loan: US$ 30M Risk Management:

US$45MUSA - Colombia

Omimex (Abocol Colombia)

Examples of IFC’s Experience With Global Partners: Downstream Oil and Gas and Other Sectors

A Loan: US$40MEquity: US$35M

USA - Brazil

MBAC (Itafos)

US$80mIndia

Supply Chain Finance Facility

USA

Orascom

Dallas, TX

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David Fulton

Head, USA and Canada

International Finance Corporation

[email protected]