With international trade flows dropping during the global financial crisis, IFC expanded its award-winning trade finance program by increasing its ceiling in 2008 and extending coverage to additional banks and countries.

The program issued $3.46 billion in guarantees in FY10, a 44 percent increase over the previous year.
The program provides guarantees for trade transactions in more than 80 countries, primarily supporting small and medium enterprises.
Last Updated: 12 Nov 2010 |