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HSBC, World Bank's IFC launch $1 bln trade finance programme for emerging markets
HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1 billion, in a move to help fill a gap in financing for emerging market trade.
IFC and HSBC Launch $1 Billion Risk-Sharing Facility to Boost Trade Finance in Emerging Markets
The initiative aims to support trade by enabling banks in 20 countries across Africa, Asia, Latin America, and the Middle East to increase their lending.
HSBC, World Bank's IFC launch US$1 billion trade finance programme for emerging markets
HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to US$1 billion, in a move to help fill a gap in financing for emerging market trade.
HSBC, IFC sign US$1 billion facility to support trade financing in emerging markets
Partnership will help trade finance get to where it is needed, fuelling a segment that is crucial to job creation and economic growth, lender says.
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Five years since its inception, a US development agency competes with China on global projects
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Voice of America Editorials
4d
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Finance & Commerce
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Opinion
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Opinion
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on MSN
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Speaking about the intended impact of this partnership, Paul-Harry Aithnard, Regional Executive UEMOA and Managing Director, ...
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