Wordly wise

International Finance Corporation, the World Bank Group's investment and financing arm, has significant exposure to Asia. Joe Marsh talks to the organisation's chief credit officer, Vivek Pathak, about managing long-dated investments

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The World Bank Group has a mandate to provide financial and advisory services to developing countries, so it's not surprising that its investment and financing arm invests more than a quarter of its $25.4 billion portfolio in Asia. International Finance Corporation (IFC), as that arm is known, has a mandate to buy into projects that are not only economically viable but will be sustainable and have a positive developmental impact. This means, says Vivek Pathak, IFC's chief credit officer, the

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