IFC RBC Venture

completed

Note on Disclosure: pursuant to paragraph 9 (d) of IFC''s Policy on Disclosure of Information, the disclosure of certain information is being delayed because of timing requirements of sensitive information. Once these issues are resolved, a revised SPI will be published containing all standard SPI information.IFC proposes to invest in a venture to facilitate Russian bank capitalization (“RBC Venture”). The RBC Venture will make equity and equity-related investments in banks and contribute to sector consolidation and improved financial intermediation in the Russian market, particularly in the regions. The majority of investments are expected to be made in existing, privately-owned commercial banking institutions with significant shares of their respective markets.