Category: Infrastructure Finance
To support export and import-based businesses to cope with global uncertainties brought on by the COVID-19 pandemic, IFC is providing $50 million to Prime Bank Limited in Bangladesh. This IFC funding will support working capital, trade finance, and foreign exchange liquidity needs of export and import-based entities borrowing through Prime Bank’s Offshore Banking Unit. The […]
Estimated reading time: 3 minutes Today, the World Trade Board, pioneered by Finastra, has launched the “Financial Inclusion in Trade” roadmap for MSMEs and asks for industry feedback and collaboration. The Financial Inclusion in Trade Roadmap was developed in partnership with multiple industry bodies, identifying five impact areas for trade finance. A major goal of […]
Estimated reading time: 3 minutes The International Air Transport Association (IATA) has unveiled a series of roadmaps aimed at achieving net zero carbon emissions in the aviation industry by 2050. These roadmaps cover critical aspects including aircraft technology, energy infrastructure, operations, finance, and policy considerations. By providing step-by-step guidance and outlining key dependencies, the roadmaps […]
