The facility aims to improve trade finance accessibility in the region. It’s the first agreement the IFC has signed with a Southeast Asian bank under its global trade liquidity programme.
The global trade finance gap is widening due to geopolitical disruptions, supply chain shifts and de-risking, among other factors. This is impacting SMEs in emerging markets, but there are opportunities to close it.
In a recent discussion with CT, Moodey shared details around the bank’s partnership with the ADB and the scope of its trade finance ambitions across Asia’s emerging markets.