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ITFC conducts first transaction with Bolero

News | E-invoicing, SCF & E-procurement | 15 Apr 2021

The International Islamic Trade Finance Corporation (ITFC) has facilitated its first transaction with trade finance digitisation provider Bolero, according to gtreview.com.

trade finance, banks

ITFC, PJSCB Orient Finans launch trade finance facility in Uzbekistan

News | E-invoicing, SCF & E-procurement | 22 Jan 2021

The ITFC has signed a USD 10 million Line of Trade Finance Agreement with PJSCB Orient Finans to support private sector and SME development in Uzbekistan.

ITFC, PJSCB Orient Finans, SMEs, supply chain finance, trade finance, SCF, Uzbekistan, IsDB, OIC member

ITFC releases USD 15 mln to support SMEs in Bangladesh

News | E-invoicing, SCF & E-procurement | 12 Jun 2020

The International Islamic Trade Finance Corporation (ITFC) has approved a USD 15 million Murabaha Financing Facility in favour of City Bank Limited in Bangladesh to support SMEs.

ITFC, Murabaha Financing Facility, City Bank Limited, Bangladesh, SME, trade finance, financing , coronavirus, OIC, local banks, private sector, global trade, IsDB Group, Covid-19 Response Package, grants, pandemic

Islamic Development Bank launches USD 2 bln COVID-19 aid package

News | E-invoicing, SCF & E-procurement | 26 Mar 2020

The Islamic Development Bank (IsDB) has launched a USD 2 billion COVID-19 aid package for its member states.

The Islamic Development Bank, IsDB, SME financing, COVID-19, coronavirus, financial aid, trade finance, G20 Global Initiative, Middle East, MENA

International Islamic Trade Finance Corporation signs USD 1.1 bln agreements

News | E-invoicing, SCF & E-procurement | 23 Apr 2019

The International Islamic Trade Finance Corporation has signed six major Trade Financing and Development Agreements worth in excess of USD 1.1 bln.

trade finance, ITFC, Africa

ITFC, Export Development Authority to support trade development

News | E-invoicing, SCF & E-procurement | 14 Dec 2018

The International Islamic Trade Finance Corporation, Egyptian Export Development Authority have signed a MoU to support trade development.

The International Islamic Trade Finance Corporation, Export Development Authority, Memorandum of Understanding, trade finance, trade development, Egypt, Middle East, MENA