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IFC and FIMBank to finance trade in Africa and Middle East

25 April 2011

IFC has entered into a loan agreement with Malta-based FIMBank to support trade in Africa and the Middle East, as it also considers participating in a Brazil joint venture.

Read more: IFC Fimbank Saudi Fund for Development IFC SFD Fimbank FactorRus Egypt Factors BicBanco FIMBank Brazil IFC Brazil

IFC has entered into a $60 million loan agreement with Malta-based FIMBank to support trade finance transactions for emerging market firms in Africa and the Middle East.

 

The loan enables FIMBank to finance trade transactions for small machinery, consumer goods, components and raw...


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