Tag: Coronavirus
This Line of financing is in line with ITFC’s ‘Recovery Response Program’ (RRP), aimed at mitigating the adverse socio-economic impact of COVID 19 which is expected to last longer than immediate health impact of the virus
US$10 million ITFC intervention to tackle shortages in emergency laboratory and personal protective equipment in the fight against coronavirus
Hong Kong/Paris/New York City (3 September 2020) – The International Chamber of Commerce, the institutional representative of 45 million businesses worldwide, has announced the creation of a new Advisory Group on Trade Finance (ATF) – a cross-sectoral coalition of leaders in global trade.
Jeddah, Saudi Arabia, 9th September 2020. The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, signed a US$100 million Murabaha-structured line of trade finance with Mizuho Bank in Malaysia, a subsidiary of Mizuho Bank Japan. This financing will help ITFC extend its support to the member countries under its COVID-19 Response Plan that […]
• Creates a new digital pathway to credit for wholesalers for better cash flow management and inventory investments
ITFC partnership will enable Bank of Maldives, the country’s leading financial institution, to provide financial support to SMEs
Longer-term factors, such as environmental change and public attitudes towards resource exploitation are also playing a role
A panel of leading economists and trade experts will help DIT develop cutting-edge trade models to reflect the modern economy and impact of Covid
World trade shows signs of bouncing back from a deep, COVID-19 induced slump, but World Trade Organization economists caution that any recovery could be disrupted by the ongoing pandemic effects.
SME Business Climate dropped by 18.8 to 54.6 points and recovery is subdue
