Russia became a member of IFC in 1993. Over the past 17 years, IFC’s investment in Russia totaled $10.1 billion, including $3.1 billion in syndicated loans, in 267 projects across a variety of sectors. Our committed investment portfolio in Russia is now $2.26 billion, the fourth-largest country exposure for IFC globally. Our investments support key sectors, including financial services, infrastructure, manufacturing, oil, gas and mining, telecommunications and information technologies, agribusiness, retail, and health care. Our advisory services focus on developing Russia’s renewable energy potential and helping companies become more resource efficient and competitive. In fiscal year 2012, IFC invested $1.2 billion in Russia, including $465.5 million of syndicated loans.
IFC Strategy in Russia
Through a combination of investment and advisory services we will continue to partner with clients in strategic sectors crucial for Russia’s long-term sustainable development, with a particular focus on:
- Infrastructure
- Value-added Manufacturing
- Banking and Financial Services
- Sub-national Finance
- Agribusiness
- Health and Education
Across all sectors, IFC targets investment in Russia’s less-developed regions and in projects that contribute to greater economic diversification. IFC also focuses on developing markets for energy efficiency and renewable energy through integrated investment and advisory programs.
IFC Investment
IFC’s investment portfolio in Russia stands at $2.24 billion, which makes it the fourth-largest country exposure for IFC globally.