Global challenges local know-how

2010 our 19 Members had total assets of more than USD 2,100 billion (World Bank Group: USD 502.9 billion). In 2010, International Development Finance Club (IDFC) Members’ total financing commitments amounted approximately USD 390 billion (World Bank Group: USD 72.9 billion). By the measure of development finance, the IDFC and its Members have the potential to ensure that the global development agenda focuses on what is best for the planet as a whole, as well as for its inhabitants in their local contexts.

Sustainable development needs dependable backing

IDFC Members finance a wide range of projects, focused on development, climate and clean energy: from poverty alleviation to global integration, from environmental investments in sustainable infrastructure and habitat protection to social investments in services such as education, health, and public transportation.
Our Members promote family agriculture and basic sanitation as well as provide vital loans to small and medium-sized private businesses. In short, IDFC Members are locally active around the world to support individuals, groups and regions with tailor-made financial instruments and sound business advice.


Member Countries of the IDFC


Black Sea Region (Location: Greece)

Black Sea Trade and Development Bank (BSTDB)

BSTDB is a financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine, to support economic development and regional cooperation.

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Agence Française de Développement (AFD)

A public institution and the central figure in France’s development assistance system, AFD finances projects on five continents – with primacy given to Africa, which receives two-thirds of AFD commitments, and overseas France.

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Croatian Bank for Reconstruction and Development (HBOR)

HBOR is the development and export bank of the Republic of Croatia with the main task of promoting the development of the Croatian economy. HBOR builds bridges between entrepreneurial ideas and their accomplishment.

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KfW Bankengruppe

KfW is a German government-owned development bank with KfW IPEX Bank GmbH, KfW DEG and KfW Development Bank predominantly active in the international arena.

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Industrial Development Bank of Turkey (TSKB)

TSKB is a publicly-traded, quasi-governmental bank that provides services in the areas of corporate lending, project finance, investment banking, corporate finance, capital markets brokerage, leasing and portfolio management.

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Vnesheconombank (VEB)

VEB is commonly called the Russian Development Bank. It acts on behalf of the national government to support and develop the Russian economy, as well as to manage state debts and pension funds.

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Central America Region (Location: Honduras)

Central American Bank for Economic Integration (BCIE/CABEI)

CABEI is the largest financial institution in Central America. Founded in 1960 by Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua, its members now also include Argentina, Colombia, the Dominican Republic, Mexico, Panama, Spain and Taiwan.

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Nacional Financiera (NAFIN)

NAFIN promotes the overall development and modernization of the industrial sector, stimulates the development of financial markets and acts as financial agent in the negotiation, contracting and management of credits from abroad.

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Central and Latin America Region (Location: Venezuela)

Development Bank of Latin America (CAF)

With 18 member countries from Latin America, the Caribbean, and Europe, CAF is one of the region’s main sources of multilateral financing, with the mission of stimulating sustainable development and regional integration.

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Bancoldex S.A.

Bancóldex is associated with Colombia’s Ministry of Commerce, Industry, and Tourism, and offers products and services that address market gaps as well as the financial and nonfinancial needs of Colombian companies and citizens.

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Corporación Financiera de Desarrollo S.A. (COFIDE)

As a development bank, COFIDE participates in the sustainable and inclusive development of the country by providing financing for investments and the financial system, as well as support for entrepreneurial ventures, with creative products and services, while being socially responsible.

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Banco Nacional de Desenvolvimento Econômico e Social (BNDES)

BNDES is a federal public company associated with Brazil’s Ministry of Development, Industry and Foreign Trade – and one of the largest development banks in the world.

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Banco Estado (BE)

State-owned BE provides wholesale and retail banking services to large and medium-sized companies and government entities, as well as individuals, small businesses, and micro-enterprises, primarily in Chile.

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Caisse de Dépôt et de Gestion (CDG)

CDG is active in virtually all areas of Morocco’s national economy and is the country’s largest institutional investor in infrastructure and government treasury securities.

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South Africa

Development Bank of Southern Africa (DBSA)

DBSA is a development finance institution dedicated to promoting economic growth, human resource development, institutional capacity building, and development projects throughout the region of Southern Africa.

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Banque Ouest Africaine de Développement (BOAD)

The West African Development Bank (BOAD) is the common development finance institution of the member states of the West African Monetary Union (WAMU). It was established by an Agreement signed on 14 November 1973, and became operational in 1976. Member States include: Benin, Burkina, Côte d’Ivoire, Guinea Bissau, Mali, Niger, Senegal and Togo.

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Burundi/Eastern and Southern Africa and Regional Offices (Nairobi, Bujumbura, Harare and Mauritius) (PTA)

The Eastern and Southern African Trade and Development Bank
Integrating and advancing the region’s economies

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Small Industries Development Bank of India (SIDBI)

SIDBI was established in 1990 as "the principal financial institution for the promotion, financing and development of industry in the small scale sector”, as well as to co-ordinate the functions of other institutions similarly engaged.

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Indonesia Exim Bank

As an Indonesian Export Financing Institution, IEB has the objective of improving national exports through low-cost loans, guarantees, and/or micro-financing to Indonesian exporters and foreign importers of Indonesian goods.

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China Development Bank (CDB)

CDB is a financial institution in the People's Republic of China (PRC) under the direct jurisdiction of the State Council. The bank is the second largest bond issuer in China, as well as the country’s largest foreign currency lender.

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Organization of Islamic Cooperation member states (Location: Saudi Arabia)

Islamic Corporation for the Development of the Private Sector (ICD)

ICD is the private sector arm of the Islamic Development Bank with the mandate to support the development of the private sector in its member countries which are located in East Asia, Central Asia, Eastern Europe, Middle East, North Africa, Sub-Saharan Africa and South America.

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South Korea

Korea Finance Corporation (KoFC)

As a policy arm of the Korean government, KoFC is an integrated policy-based financial institution established to assist small and medium enterprises as well as to supply and manage funds required for the growth of the national economy.

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Japan International Cooperation Agency (JICA)

JICA is an independent agency that coordinates development assistance for the government of Japan, with a role in providing technical cooperation, capital grants and yen loans.

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Why our organization is lean and efficient.

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Our Objectives

Our Objectives

IDFC strives to address the major obstacles facing development finance today.

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Facts & Figures

Facts and Figures

Our joint resources and capacities are significant.

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IDFC Secretariat
KfW, Palmengartenstraße 5-9, 60325 Frankfurt, Germany