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Best ECA/DFI - Americas
18 June 2009
Strong support in the Americas
Winner: IADB Highly commended: IFC
While the Americas is well represented in the world of export credit agencies with EDC, US Ex-Im and BNDES being especially active, it was two development banks that topped this category. Both the Inter American Development Bank (IADB) and IFC now have trade at their heart.
IADB got serious about trade finance when the International Trade Finance Reactivation Programme (TFRP) was approved in 2002 with the objective of broadly supporting trade financing through credit guarantees or loans. The bank has since played an increasingly catalytic role by expanding the sources of...
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