The International Finance Corporation (IFC), a member of the World Bank Group, and the Goldman Sachs Foundation has launched a first-of-its-kind gender-focused trade finance program during the World Trade Organization’s Aid for Trade Global Review in Geneva, Switzerland. Called the Banking on Women-Global Trade Finance Program (BOW-GTFP), the initiative will incentivize IFC’s Global Trade Finance Program participating banks to increase trade finance for women importers and exporters and encourage those financial institutions to track their business with female entrepreneurs. “Just one in five exporting companies is owned by a woman,…
Read MoreIFC, Goldman Sachs Foundation Launch First-Ever Gender-Focused Trade Finance Program
