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JPMorgan and IFC join forces for Asia-Pac trade finance
26 August 2008
Innovative trade finance structure will facilitate and boost trade finance activities across the region as part of the IFC Global Trade Finance Programme.
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IFC JPMorgan global trade finance programme Asia Pacific South Asia Pakistan Habib Bank Asif Raza
JPMorgan and IFC, a member of the World Bank Group, have jointly launched an innovative trade finance structure in Asia and the Pacific to help facilitate and boost trade activities in the region.
The funded trade advance, a component of the IFC Global Trade Finance Programme, provides cost-effective pre-export and post-import financing to banks. It combines several trade transactions into a single trade facility and provides an innovative approach...
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