Articles with tag: itfc

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Afreximbank, ITFC, and Badea launch COVID-19 pandemic response facility in Africa

News | E-invoicing, SCF & E-procurement | 10 Nov 2020

The African Export-Import Bank (Afreximbank) has announced a new USD 1.5 billion pandemic response facility in a partnership with the ITFC and Badea, according to Global Trade Review.

Afreximbank, ITFC, Badea, COVID-19, Africa, partnership, financial assistance, COPREFA, funding

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 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

Egypt signs agreement with ITFC to support commodities by USD 1.1 bln

News | E-invoicing, SCF & E-procurement | 05 Dec 2019

Egypt has signed a USD 1.1 billion agreement with the International Islamic Trade Finance Corporation (ITFC) to finance importing petroleum products and commodities for 2020, according to the Ministry of Petroleum.

Egypt, agreement, ITFC, commodities, financing

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

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

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