International Finance Corporation (IFC) Board of Governors Resolution - Resolution No. 272 - 2018 General Capital Increase

Jul 19, 2026

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International Finance Corporation Board of Governors Resolution No. 272 authorizes an increase in the Corporation’s authorized capital by 4,579,995 shares with a par value of US$1,000 each. It sets conditions under which each member may subscribe for shares allocated to it, subject to paragraph 4. The resolution also addresses a major shareholder’s decision not to exercise subscription rights and links adoption with an amendment to the Articles of Agreement, concurrently with related capital increase resolutions.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages5

Reading Time13 min

AccessFree to download

Resolution overview

Authorized capital increase

Member subscription authorization

Share allocation table (GCI shares)

Adoption linkage and related resolutions

Public Disclosure Authorized Public Disclosure Authorized INTERNATIONAL FINANCE CORPORATION BOARD OF GOVERNORS Resolution No. 272 2018 General Capital Increase WHEREAS the Directors of the Corporation, having considered the question of enlarging theresources of the Corporation through an increase in its authorized capital, have concluded that such an increase would be desirable and, in their Report dated June 4, 2018, have submitted a proposal for such an increase to the Board of Governors; WHEREAS the Directors of the Corporation have proposed that each member be authorized, subject to certain conditions, to subscribe shares ofthe newly-authorized capital in proportion to the aggregate number of shares such member has subscribed and is authorized to subscribe, including shares to be issued further to proposed Resolution entitled “2018 Conversion of Retained Earningsand General Capital Increase” and shares certain members are to be authorized to subscribe in accordance with the proposed Resolution entitled “2018 Selective Capital Increase” (hereinafter referred to as the “2018 Selective Capital Increase Resolution”); WHEREAS the largest shareholder of the Corporation has advised that it will not exercise its rights under Article II, Section 2 (d) of the Articles to subscribe to its proportionate share of the increase in authorized capital stock provided under this Resolution; WHEREAS it is the intention of Members that this Resolution entitled “2018 General Capital Increase” and the proposed Resolution entitled “Amendment to the Articles of Agreement of the Corporation” be adopted concurrently thereby achieving the intended linkage between the two. NOW, THEREFORE, the Board of Governors hereby resolves as follows: 1. The authorized capital stock of the Corporation shall be increased by 4,579,995 shares of capital stock, each having a par value of one thousand United States dollars ($1,000) . 2. Each member of the Corporation is authorized to subscribe up to the total number of shares set forth opposite its name in the table below, subject to the conditions set forth in paragraph 4. IFC Resolution No. 272 Page 2 of 5 | MEMBER | NUMBER OF GCI
SHARES ALLOCATED | | --- | --- | | AFGHANISTAN | 382 | | ALBANIA | 3,149 | | ALGERIA | 15,794 | | ANGOLA | 4,242 | | ANTIGUA AND BARBUDA | 212 | | ARGENTINA | 91,720 | | ARMENIA | 2,607 | | AUSTRALIA | 102,370 | | AUSTRIA | 42,699 | | AZERBAIJAN | 5,783 | | BAHAMAS, THE | 1,104 | | BAHRAIN | 3,777 | | BANGLADESH | 20,834 | | BARBADOS | 1,046 | | BELARUS | 11,392 | | BELGIUM | 109,467 | | BELIZE | 382 | | BENIN | 610 | | BHUTAN | 1,748 | | BOLIVIA | 4,832 | | BOSNIA AND HERZEGOVINA | 1,572 | | BOTSWANA | 463 | | BRAZIL | 135,211 | | BULGARIA | 12,523 | | BURKINA FASO | 2,161 | | BURUNDI | 508 | | CABO VERDE | 237 | | CAMBODIA | 871 | | CAMEROON | 2,531 | | CANADA | 175,938 | | CENTRAL AFRICAN REPUBLIC | 530 | | CHAD | 2,950 | | CHILE | 27,355 | | CHINA | 163,423 | | COLOMBIA | 29,542 | | COMOROS | 134 | | CONGO, DEMOCRATIC REPUBLIC OF | 5,626 | | CONGO, REPUBLIC OF | 578 | | COSTA RICA | 2,374 | | COTE D'IVOIRE | 8,647 | | CROATIA | 7,047 | | CYPRUS | 4,627 | | CZECH REPUBLIC | 21,517 | | DENMARK | 45,115 | | DJIBOUTI | 270 | | DOMINICA | 270 | | DOMINICAN REPUBLIC | 3,310 | | ECUADOR | 5,746 | | EGYPT, ARAB REPUBLIC OF | 28,940 | | EL SALVADOR | 155 | | MEMBER | NUMBER OF GCI
SHARES ALLOCATED | | --- | --- | | EQUATORIAL GUINEA | 293 | | ERITREA | 2,022 | | ESTONIA | 3,102 | | ETHIOPIA | 686 | | FIJI | 971 | | FINLAND | 33,952 | | FRANCE | 261,749 | | GABON | 2,743 | | GAMBIA, THE | 421 | | GEORGIA | 3,622 | | GERMANY | 278,821 | | GHANA | 11,996 | | GREECE | 14,920 | | GRENADA | 348 | | GUATEMALA | 2,905 | | GUINEA | 1,255 | | GUINEA‐BISSAU | 210 | | GUYANA | 3,438 | | HAITI | 2,212 | | HONDURAS | 1,250 | | HUNGARY | 28,482 | | ICELAND | 579 | | INDIA | 222,669 | | INDONESIA | 68,353 | | IRAN, ISLAMIC REPUBLIC OF | 12,914 | | IRAQ | 1,403 | | IRELAND | 4,

FAQs

What does IFC Board of Governors Resolution No. 272 approve?

It approves an increase of IFC’s authorized capital by 4,579,995 shares and authorizes member subscriptions for allocated GCI shares under specified conditions.

How many shares are added by the 2018 General Capital Increase?

The authorized capital stock is increased by 4,579,995 shares, each with a par value of US$1,000.

What special condition is included regarding the largest shareholder?

The largest shareholder advises it will not exercise its rights under Article II, Section 2(d) to subscribe to its proportionate share under this resolution.

Jul 19, 2026

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