This press release announces the International Finance Corporation (IFC) joined forces with the Arab Monetary Fund, a prominent regional multilateral institution, and IBCA, the leading European credit rating agency, to set up the Inter-Arab Rating Company (IARC), a holding company that will promote and set up local rating agencies in various Arab countries. IARC will have an authorized capital of US 5 million dollars and will initially target the...
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1995/10/08
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Announcement
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195629
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1
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2024/12/16
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Disclosed
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Announcement of IFC Joins Forces with Arab Monetary Fund and IBCA to Launch Inter-Arab Rating Company on October 8, 1995
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Citation
World Bank.
Announcement of IFC Joins Forces with Arab Monetary Fund and IBCA to Launch Inter-Arab Rating Company on October 8, 1995 (English). IFC Press Release Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099733212162433923