FinMar News’ Post

The IFC - International Finance Corporation (IFC) and The Hongkong and Shanghai Banking Corporation Ltd (HSBC) have tied up a $1 billion risk-sharing facility that will help banks in emerging markets increase their lending to support trade. IFC and HSBC will equally share the risk on a portfolio of trade-related assets, valued at up to $1 billion, held by emerging-market banks in 20 countries across Africa, Asia, Latin America, and the Middle East.

HONG KONG, Dec 12 (Reuters) - HSBC (HSBA.L), opens new tab and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1 billion, in a move to help fill a gap in financing for emerging market trade.IFC and HSBC said on Thursday they would equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries in Africa, Asia, Latin America, and the Middle East, according to a joint statement. https://lnkd.in/g5EdqBr8

Proud to announce our partnership with IFC - International Finance Corporation, in the form of a USD 1 billion risk-sharing facility. This will enable banks in emerging markets to increase their lending, ensuring trade finance gets to where it is needed, with an aim to reduce the growing trade finance gap.    Learn more about the partnership here: https://lnkd.in/gVq9qb4x I-Mei C. Sunil Deva Abhishek Chopra Venkatraman P Monica Cheung Samantha Wong Ed Young

Global trade has grown by an average of 5% a year over the last three decades, yet the demand for trade finance far outpaces supply. To address this growing gap, we are delighted to announce a USD1 billion risk-sharing facility with IFC - International Finance Corporation that will help banks in emerging markets to increase their lending to support trade, which is crucial to job creation and economic growth. Read more: https://lnkd.in/grNiPumM Aditya Gahlaut Ian Tandy MBE I-Mei C. Vivek Ramachandran Jessica O'Brien #HSBC #TradeFinance #EmergingMarkets

HSBC and the World Bank's International Finance Corporation will jointly provide funding to trade transactions valued at up to $1 billion, in hopes of filling the gap in financing for emerging market trade, writes Reuters.

The International Finance Corporation has agreed to shoulder half the risk on up to US$1bn of HSBC’s trade assets, to help unlock lending in emerging markets. The assets will be originated by HSBC Asia and include exposures to issuing banks in 20 emerging markets in Africa, Asia, Europe, Latin America and the Middle East, according to an IFC statement and a project description on its website.

The International Finance Corporation (IFC) has agreed to shoulder half the risk on up to US$1bn of HSBC’s trade assets, to help unlock lending in emerging markets https://lnkd.in/eab5ECgx #GTLPfacility #facility #tradefinance #projectfacility #lendingtoimportingandexporting #lending #importexport #tradefinancing #trade #globaltrade #economic

HSBC and the World Bank’s International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1 billion, in a move to help fill a gap in financing for emerging market trade. #africa #mozambique #news #economy

African Development Bank and Trade and Development Bank (TDB) Group strengthen trade finance partnership through a Trade Finance Unfunded Risk Participation Agreement https://lnkd.in/eRe_TR4M