Articles with tag: islamic trade finance corporation

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ITFC, Mizuho Bank Malaysia reach USD 100 mln trade financing deal

News | E-invoicing, SCF & E-procurement | 09 Sep 2020

The International Islamic Trade Finance Corporation (ITFC) has signed a USD 100 million Murabaha-structured line of trade finance with Mizuho Bank in Malaysia. 

ITFC, Mizuho Bank Malaysia, trade finance, International Islamic Trade Finance Corporation, Murabaha, Malaysia, financing, covid-19 response plan, Japanese, bank, OIC

Sberbank structures rade finance deal with International Islamic Trade Finance Corporation

News | E-invoicing, SCF & E-procurement | 05 Aug 2020

Sberbank has structured a trade finance deal with the International Islamic Trade Finance Corporation (ITFC), a provider of Trade Solutions.

Sberbank, trade finance, International Islamic Trade Finance Corporation, ITFC, Trade Solution, banks, Switzerland, Russia, Egypt

ITFC finances programmes of promoting Egypt's exports to Africa

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

The Export Development Authority (EDA) and the International Islamic Trade Finance Corporation (ITFC) have agreed to finance export programmes in Egypt.

The Export Development Authority, EDA, International Islamic Trade Finance Corporation, financing, trade finance, Egypt, MENA, fundin, financing, financial inclusion

ABN AMRO, BMW, SBI run blockchain trial on Marco Polo trade finance network

News | E-invoicing, SCF & E-procurement | 16 Dec 2019

The Marco Polo trade finance network has completed an open account trade finance trial with 70 organisations using its blockchain platform.

Marco Polo, trade finance, trade finance network, ABN AMRO, TradeIX, Xero, R3, Corda, Oracle Netsuite, BMW, Citizens Bank, International Islamic Trade Finance Corporation, SBI, Steelforce, Sumitomo Corporation, the Bank of East Asia, HSBC, Saudi British Bank

Afreximbank announces agreement with the International Islamic Trade Finance Corporation

News | E-invoicing, SCF & E-procurement | 27 Nov 2019

The African Export-Import Bank (Afreximbank) has sealed an agreement with the International Islamic Trade Finance Corporation (ITFC) to receive a USD 100 million credit facility in order to promote Arab-Africa trade and investments.

Afreximbank, agreement, International Islamic Trade Finance Corporation, finance

FCI and the ITFC sign agreement to create the Islamic Factoring Chapter

News | E-invoicing, SCF & E-procurement | 17 Jun 2019

International Islamic Trade Finance Corporation and FCI signed a MoU to create an Islamic Factoring Chapter within the FCI network.

International Islamic Trade Finance Corporation, FCI, trade finance, United Arab Emirates, Islamic Factoring Chaper, factoring, FCI Network, MENA

Türk Eximbank receives USD 380.5 mln loan under IFTC tutelage

News | E-invoicing, SCF & E-procurement | 21 Feb 2019

Türk Eximbank has received a loan of USD 380.5 million from a banking consortium pertaining to the International Islamic Trade Finance Corporation.

Türk Eximbank, International Islamic Trade Finance Corporation, interest free loan, trade finance lending, IFTC, Turkey, Middle East, EMEA

The International Islamic Trade Finance Corporation gets fiduciary rating

News | E-invoicing, SCF & E-procurement | 31 Dec 2018

Islamic International Rating Agency has assigned the international scale ratings of ‘AA- / A1 to The International Islamic Trade Finance Corporation.

The International Islamic Trade Finance Corporation, fiduciary rating, Islamic International Rating Agency, Saudi Arabia, Middle East, MENA, international scale ratings, trade finance, Sukuk investments

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,

ITFC partners with National Bank of Tajikistan

News | E-invoicing, SCF & E-procurement | 02 Nov 2018

International Islamic Trade Finance Corporation, National Bank of Tajikistan have hosted a workshop on Trade Finance Solutions for Financial Institutions.

International Islamic Trade Finance Corporation, National Bank of Tajikistan, Trade Finance Solutions, National Bank in Dushanbe, State Property Management of the Republic of Tajikistan, the Islamic Training and Research Institute, trade finance

African Development Bank to launch trade finance e-learning programme

News | E-invoicing, SCF & E-procurement | 30 Oct 2018

African Development Bank along with ITFC and ICC have announced launching a joint AfDB-ITFC trade finance e-learning programme for financial institutions.

African Development Bank, International Chamber of Commerce, International Islamic Trade Finance Corporation, Africa, trade finance, AfDB-ITFC trade finance, e-learning programme

WTO, six others partner to boost trade finance

News | E-invoicing, SCF & E-procurement | 15 Oct 2018

The global trade regulator World Trade Organisation has joined six other international organisations to work on closing the gaps in global trade finance.

World Trade Organisation, global trade, trade finance, Islamic Trade Finance Corporation, Islamic Development Bank Group, International Monetary Fund, European Bank for Reconstruction and Development, Financial Stability Board

ITFC launches new funding scheme for West African SMEs

News | E-invoicing, SCF & E-procurement | 10 Oct 2018

The International Islamic Trade Finance Corporation (ITFC) has announced two initiatives aimed at deepening economic growth across the West African sub-region.

International Islamic Trade Finance Corporation, SMEs, banks, finance, trade finance, West Africa

Federated Investors partners with Islamic Trade Finance

News | E-invoicing, SCF & E-procurement | 10 Aug 2018

Federated Investors has partnered with the International Islamic Trade Finance Corporation to introduce a sovereign energy trade-finance portfolio.

Federated Investors, UK, Islamic Trade Finance, Islamic Trade Finance Corporation, trade finance, ITFC Sovereign Energy Fund, export/import finance, supply chain financing, project finance assets