ITFC syndicated trade finance operation valued at $400m

Notes and media contacts

About the International Islamic Trade Finance Corporation - ITFC:
The ITFC is an autonomous entity within the Islamic Development Bank Group, formed to consolidate the trade finance business that was formerly undertaken by various windows within the IDB Group. The consolidation of the bank's trade finance activities under a single umbrella increases the efficiency of service delivery by enabling rapid response to customer needs in a market-driven business environment.

A rich heritage that spans more than 30 years in trade finance by the IDB Group puts the ITFC in a leadership position to foster socio-economic development through trade, set new benchmarks for trade financing, enhancing trade, ethical based business standards, and developing innovative Shariah compliant trade financing instruments. Operating to world-class standards the ITFC promotes IDB developmental objectives through its two main pillars, Trade Finance and Trade Promotion, to fulfill its brand promise of 'Advancing Trade & Improving Lives'.

For more information, please contact:
Maryam Afandi
Senior Account Executive
Media Relations
Trans-Arabian Creative Communications - TRACCS
Tel: (9662) 6632525
Fax: (9662) 6632323