IFC launches first multiregional operations center in Istanbul

Today’s Zaman - The International Finance Corporation (IFC), a member of the World Bank Group, has established its first multiregional operations center in Istanbul in a bid to strengthen its services to clients and expand its presence and development impact in Europe, Central Asia, the Middle East, and North Africa.

Dimitris Tsitsiragos, Director for the Middle East, North Africa, and Southern Europe, said, “Besides regional proximity to our clients, Istanbul provides appropriate infrastructure, convenient airport links, and a good quality of life for our staff.” The IFC, which has been contributing to the development of the private sector in Turkey for over 40 years, plans to invest approximately USD 2.5 billion in the country by the end of 2011.
turkey; istanbul; financial services; international finance corp.; ifc; dimitris tsitsiragos; regional center