| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 100.00 |
IFI-RESTRC&DIVSTITUR
Abstract*
The objectives of the project are to: (i) implement a divestiture privatization program of Instituto de Fomento Industrial's (IFI) exist equity holdings; and (ii) support the implementation of a new corporat strategy. The project includes the following components: (i) a restru and divestiture program of IFI's equity holdings which would help elim IFI's state holding company role and would allow it to become a genuin market-oriented financial intermediary;... Show More
Development Objective
TO ASSIST IFI DIVESTITURE PROGRAM AND TO SUPPORT STRATEGIC ANDORGANIZATIONAL CHANGES IN IFI.FELIPE SAEZ IS CO-TASK MANAGER FOR THIS PROJECT.
Key Details
Project Details
P006874
Closed
James C. Hanna
N/A
March 24, 1992
(as of board presentation)
March 24, 1992
September 21, 1993
US$ 415.30 million
N/A
1992
US$ 100.00 million
B
Not Applicable
December 31, 1997
BANK APPROVED
January 15, 2013
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 100.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 100.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 415.30 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 24, 1992 | IBRD-34490 | Loan Commitment | 0.00 |
| Mar 24, 1992 | IBRD-3449A | Loan Commitment | 55,485,816.00 |
| Mar 24, 1992 | IBRD-3449S | Loan Commitment | 44,514,184.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 08-26-1998 | PROJECT PERFORMANCE ASSESSMENT REPORT: 12-19-2001 |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | Highly Unsatisfactory |
| Risk To Development Outcome | Not Rated | Not Rated |
| Bank Performance | Satisfactory | Highly Unsatisfactory |
| Borrower Performance | Satisfactory | Unsatisfactory |
| Government Performance | Satisfactory | Satisfactory |
| Implementing Agency | Satisfactory | Not Rated |
| Icr Quality | Satisfactory | Not Rated |
| M&e Quality | Not Rated | Not Rated |
Results Framework
No data available.