International Finance Corporation

The International Finance Corporation (IFC), established in 1956, is a member of the World Bank Group dedicated to fostering private sector development in emerging markets. It provides financial services, including loans and equity investments, ranging from $1 million to $100 million, with a focus on projects that drive economic growth and social impact. IFC invests across various sectors such as infrastructure, agriculture, manufacturing, healthcare, education, technology, and financial services.

Wale Ayeni

Acting Global Head, Disruptive Technologies and Venture Capital Investments

Ali Ufuk Demirci

Global Head, Venture Capital Funds

Andi Dervishi

Chief Investment Officer and Global Head, Fintech

Patrick Doyle

Senior Investment Officer

Allen Forlemu

Regional Industry Director, Financial Institutions Group, Asia and Pacific

Past deals in Panama

Banistmo

Debt Financing in 2022
Banistmo, headquartered in Panama City, offers a full range of banking services to individuals, legal entities, and small and medium‑sized enterprises. Its operations are organized into consumer and SME banking and corporate and government banking. The bank provides checking and savings accounts, fixed‑term deposits, personal, vehicle, mortgage and commercial loans, as well as cash handling, investment banking, trust and fiduciary administration, financial leasing, payment agency, registration and transfer services, brokerage and securities trading, letters of credit and leasing solutions. Founded in 2004 and formerly known as HSBC Bank (Panama), it was renamed Banistmo in 2013 and is a subsidiary of Bancolombia.
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