IFC and DBJ streamline loans

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14 January 2010

IFC, a member of the World Bank Group, and Development Bank of Japan have agreed to streamline the process for providing loans to companies in developing countries.

IFC, a member of the World Bank Group, and Development Bank of Japan (DBJ) have agreed to streamline the process for providing loans to companies in developing countries.

The agreement will help deals close quicker as it seeks to minimise duplication, shortening the time required to close transactions and reducing costs.The accession agreement to IFC’s Master Cooperation Agreement will...

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Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%

33%

50% to 75%

30%

25% to 50%

25% or less

10%

I don’t use private credit insurers

18%