19.12.2008 - IFC Board approves new programs to help firms weather crisis
From Easybourse.com: The board of the International Finance Corp (IFC) will double an existing trade-finance guarantee facility to $3 billion, while creating three new programs aimed at recapitalizing banks, supporting infrastructure financing and enabling sovereign wealth fund investments. The four programs should deploy about $30 billion over the next three years, with the help of governments and international institutions, it said in a release..... Full Article: Source