IFC tells CT its $1bn trade finance tie-up with Stanchart is just the start
IFC has paired up with Stanchart to create a trade finance facility that corporate treasuries can use to boost business flows in relevant markets.
News that Standard Chartered and International Financial Corporation (IFC), a member of the World Bank Group, last week established a $1 billion facility that seeks to boost trade flows in developing countries is pointing the way forward to greater emerging market focus in suppy chain finance.
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