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World Bank - International Finance Corporation (IFC)

Time: 1956

Place: Washington D.C., U.S.

Details: The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development.



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Hungarian Revolution of 1956-Relations between Hungary and The United States began to Improve
1956 - Hungary
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Cypriot intercommunal violence-Turkish Cypriot policemen were killed by EOKA members and this provoked some intercommunal violence
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