The $1 billion Global Trade Finance Program extends and complements the capacity of banks to deliver trade financing by providing risk mitigation in new or challenging markets where trade lines may be constrained.
The program, managed by a dedicated team of professionals, provides guarantees and pre-export cash advances to banks in over 40 countries presently. These services are available for all private sector trade transactions that meet IFC's eligibility criteria.
GTFP offers confirming banks partial or full guarantees covering payment risk on banks in the emerging markets for trade related transactions. These guarantees are transaction-specific and may be evidenced by a variety of underlying instruments such as: letters of credit, trade-related promissory notes, accepted drafts, bills of exchange, guarantees, bid and performance bonds and advance payment guarantees
Through the GTFP bank network, local financial institutions can
establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements.
Please see the links below for a complete list of banks participating in the program, updates and contact information:
Banks
in the Program
News
and Updates
Contacts
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