IFC to extend $1bn emerging markets trade finance facility to StanChart

Region:

Middle East & Africa, Americas, Asia-Pacific

The International Finance Corporation plans to extend a $1 billion emerging markets trade finance facility to Standard Chartered. IFC and Standard Chartered will share the risk of the portfolio on a 50-50% basis, supporting continuous trade flows totaling about $4 billion per year and reaching over 500 companies in emerging markets.

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