On July 1st, World Trade Organization (WTO), International
Finance Corporation (IFC, World Bank Group), European Bank for
Reconstruction and Development (EBRD), Asian Development Bank (ADB), African
Development Bank Group (AfDB), Islamic Trade Finance Corporation (ITFC, part of the Islamic Development Bank Group), and the InterAmerican
Development Corporation (IDB Invest, part of the Inter-American Development Bank Group) released a Joint Statement on Supporting Trade Finance during the COVID-19 Crisis.
The Kenya Bankers Association shared their comprehensive pandemic response as an SBN
Case Study. Actions include policy interventions, a research study, a phased crisis response plan, awareness raising, capacity building, and other stakeholder engagement activities.