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CCB NY completes first Central America transaction
18 November 2011
China Construction Bank’s New York branch has completed its first transaction in Central America thanks to the IFC’s global trade facilitation programme.
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CCB NY
China Construction Bank
Multibank
Panama trade finance
IFC GTFP
IFC Panama
SBLC
global trade finance programme
trade facilitation
China Construction Bank’s New York branch has completed its first transaction in Central America, in Panama, under the IFC’s global trade facilitation programme (GTFP).
In Panama IFC provides cover for Multibank and BBVA through the GTFP. As a particularly active trade finance market with a great deal of imports from China, Panama was also...
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