Development Finance Institution

Overseas Private Investment Corporation (OPIC) Mobilizing Private Sector Investment for Development

Submitted by fsiddique@ifc.org on

Development finance institutions like the Overseas Private Investment Corporation (OPIC), were formed on the understanding that the private sector has a critical role to play in development. OPIC works to mobilize private sector investment for development and has supported several critical infrastructure projects like power plants and hospitals that require large investments of time and money.

Pak Oman Investment

Pak Oman Investment Company Limited (POIC) is a Development Financial Institution (DFI) dedicated to providing corporate banking, SME Finance and investment banking services. The company's core objective is to foster economic growth in both Pakistan and Oman by facilitating industrial development and promoting agro-based industries on a commercial basis. Operating from its headquarters in Karachi, POIC extend its reach through a branch office in Lahore and representative offices in Islamabad, Gwadar, and Muscat. POIC's stable ratings are bolstered by its joint venture shareholding structure, with equal ownership by the Government of Pakistan (GoP) and the Sultanate of Oman.

Country / Region
Member Since
Operation countries

SDFC

SME Development Finance Corporation Private Limited (SDFC), is the ­first and only ­financial institution in the Maldives specialized in providing credit facilities to Micro, Small, and Medium Enterprises (MSMEs).

Country / Region
Member Since
Location
4.1754959, 73.5093474
City/Town location
Male
Operation countries

Credit Guarantee Corporation Papua New Guinea

The Credit Guarantee Corporation of Papua New Guinea is a credit supplementation institution established to assist SMEs to have access to finance through various guarantee schemes at reasonable costs. CGC provides guarantee to viable SMEs who lack collateral to access credit to grow and contribute to economic development.

Country / Region
Member Since
Location
-9.4438004, 147.1802671
City/Town location
Port Moresby
Operation countries

KOBIA - The SMB Development Agency of Azerbaijan

The Agency’s objective is to support MSME development in Azerbaijan, strengthen their role in the national economy, increase their competitiveness and contribution to the national development indicators.

Country / Region
Member Since
Location
40.4092617, 49.8670924
City/Town location
Baku
Operation countries

BNDES

Main financing agent for development in Brazil. BNDES works to expand the industry, agriculture and infrastructure. It also supports SMEs, technological innovation, sustainable socio-environmental development.

Country / Region
Member Since
Location
-22.9068467, -43.1728965
City/Town location
Rio de Janeiro
Operation countries

Development Bank of Namibia

State owned development bank mandated to contribute to the development of Namibia, and the socio-economic wellbeing of its citizens with the aim of being an exceptional agent of economic development.

Country / Region
Member Since
Location
-22.5608807, 17.0657549
City/Town location
Windhoek
Operation countries

SIDBI

Regulatory body for overall licensing and regulation of MSMEs in India. It provides refinance facilities to financial institutions and term lending and working capital finance to the MSME sector.

Country / Region
Member Since
Location
28.7040592, 77.1024902
City/Town location
Delhi
Operation countries