KARACHI, November 18, 2025: Standard Chartered Bank Pakistan and IFC, a member of the World Bank Group, have announced a new $400 million Risk-Participation Facility to support short term-trade and working capital facilities for major local corporates and exporters based in Pakistan helping boost foreign exchange inflows and drive sustainable economic growth.
“We are delighted to further solidify our enduring partnership with IFC through this groundbreaking agreement – a unique collaboration between IFC and Standard Chartered Pakistan. As a bank with a strong trade focus and a significant presence in 53 markets across Asia, Africa, and the Middle East, we are instrumental in enhancing access to capital and liquidity and promoting global trade. This collaboration with IFC empowers us to better support our clients, helping them expand their businesses and enhance their growth potential,” said Rehan Shaikh, CEO & Head of Coverage, Standard Chartered Pakistan.
"This new important milestone in our strong, longstanding partnership with Standard Chartered Bank Pakistan reflects IFC’s deep commitment to strengthening Pakistan’s financial sector and supporting its export-driven industries. By doubling the size of our Risk-Participation Facility, we are helping unlock vital trade and working capital financing for businesses that drive growth, create jobs, and contribute to the country’s long-term economic resilience. Together, we are advancing inclusive and sustainable development through innovative financial solutions tailored to Pakistan’s evolving needs", said Momina Aijazuddin, Regional Head of Industry of IFC’s Financial Institutions Group for the Middle East, Türkiye, Central Asia, Pakistan, and Afghanistan.
This initiative, which was formalised in September 2025 builds on the previous joint $200 million facility that was committed in December 2022. It capitalises on the extensive experience of IFC and Standard Chartered in terms of export-oriented and large-scale manufacturing industries in Pakistan, and aims to boost foreign exchange inflows. It is expected to drive sustainable economic growth in the country by enhancing the availability of trade and working capital loan facilities, including supply chain financing and sustainable finance products.
About IFC
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2024, IFC committed a record $56 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a liveable planet. For more information, visit www.ifc.org.
About Standard Chartered PLC
We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.
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About Standard Chartered Pakistan
Standard Chartered Bank (Pakistan) Ltd. is the oldest and largest international bank in Pakistan since 1863. It is also the first international bank to be awarded Islamic banking licence and the first to open an Islamic banking branch. Standard Chartered Bank (Pakistan) Limited is listed on the Pakistan Stock Exchange (PSX) and was assigned a rating of AAA / A1+ by PACRA. The Bank employs more than 2,500 people in Pakistan and has a network of 209 touch points (40 branches, 134 ATMs and 20 CDMs) across 10 cities. For more information, please visit www.sc.com/pk
About IFC
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
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