IFC and DBS Bank Limited (DBS) have signed a US$500 million facility under IFC’s Global Trade Liquidity Program (GTLP). The facility aims to promote capital and trade flows in emerging markets across Asia, Africa, the Middle East and Latin America, help bridge the record US$2.5 trillion global trade finance gap1 and accelerate economic progress across these regions. The facility includes IFC and DBS sharing the risk equally on a portfolio of trade-related assets of up to US$500 million. This enhances DBS’ capacity to support more trade financing – such as…
Read MoreIFC and DBS Launch US$500 Million Facility to Promote Trade Flows in Emerging Markets
