International Finance Corp. (IFC) has approved its planned investments in two private equity (PE) funds that are eyeing investments in the Philippines and the broader Southeast Asian region. In disclosures last May 7 and April 24, respectively, the World Bank Group’s (WBG) private-sector lending...
International Finance Corp. (IFC) is preparing a fresh investment in the Philippines’ growing digital infrastructure sector, backing a local company planning to expand data center capacity outside Metro Manila. Manila Bulletin reported earlier that the World Bank Group’s (WBG) private-sector...
International Finance Corp. (IFC) is preparing a fresh investment in the Philippines’ growing digital infrastructure sector, backing a local company planning to expand data center capacity outside Metro Manila. The World Bank Group’s (WBG) private-sector lending arm disclosed last May 8 that it...
International Finance Corp. (IFC), the World Bank Group’s (WBG) private-sector lending arm, has officially invested in Philippine microfinance institution CreditAccess Philippines Financing Co. Inc. (OnePuhunan). IFC disclosed last April 23 that its up to $60-million investment was infused into...
International Finance Corp. (IFC), the private-sector lending arm of the World Bank Group (WBG), will invest up to $25 million in a structured debt fund that will finance financial technology (fintech) companies, including those operating in the Philippines. In an April 13 disclosure, IFC said its...
A Singapore-headquartered fund manager is seeking a $25-million equity investment from the World Bank Group’s (WBG) International Finance Corp. (IFC) for its new infrastructure fund to be deployed in Southeast Asia, including the Philippines. In an Oct. 2 disclosure, IFC, the WBG’s...
Real estate giant Ayala Land Inc. (ALI) will be raising ₱10 billion this month from a multilateral sustainability-linked loan as part of the ₱50 billion in funds it will be securing in the second half of the year. In an interview, ALI Chief Finance Officer (CFO) Augusto Bengzon said that ₱30...
The World Bank Group’s (WBG) International Finance Corp. (IFC) is considering another round of investment financing support for Ayala Land Inc. (ALI), including for the property giant’s ongoing renovation and expansion of its flagship malls to make them “greener.” A World Bank document seen...
After the successful bidding to privatize the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants, the government and private-sector players may next look forward to another public-private partnership (PPP) in rehabilitating the decades-old Agus-Pulangi hydropower complex in Mindanao. Power...
The World Bank Group (WBG) will extend to the Philippines between $22 billion and $23 billion—or as much as over ₱1.2 trillion—in loan and other financing starting mid-2025 until 2031 to support both public and private initiatives aligned with the country 's climb to upper-middle-income...
A couple of funds backed by the International Finance Corp. (IFC) will help bankroll infrastructure build-up in the Philippines, including "green" projects. Documents seen by Manila Bulletin showed that the IFC, the World Bank Group 's private-sector lending arm, on May 8 approved its...
Homegrown non-bank lender Asialink Finance Corp. (AFC) has secured a $130 million (around P7.605 billion) financing deal with the International Finance Corporation (IFC), a World Bank Group member, aimed at improving its working capital and support for small businesses, especially those owned by...
