Standard Chartered and IFC launch $200m trade finance programme in Pakistan
Standard Chartered Bank Pakistan Ltd and the International Finance Corporation (IFC) have launched a groundbreaking $200m rupee-equivalent trade finance initiative aimed at boosting Pakistan's economy. The partnership, which formalised an unfunded risk-participation agreement on Monday, is designed to enhance foreign exchange inflows through support to export-oriented sectors.
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Posted on Nov 17, 2023 Region: Pakistan
trade finance working capital loans, trade loans, SME finance, Standard Chartered, IFC