ڈالر ایک سال کی کم ترین سطح پر آگیا، روپے کی قدر میں مزید اضافہ express.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from express.pk Daily Mail and Mail on Sunday newspapers.
Makhdum Khusro Bakhtyar, Minister for Economic Affairs witnessed the signing ceremony of International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org) Annual Financing Plan 2021 for the
Workshop Organised by the International Islamic Trade Finance Corporation and the Central Bank of West African States (BCEAO) Explores Central Bank Digital Currencies (CBDC) and its Impact on Inter-Regional Trade einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
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Under the umbrella of the Arab-Africa Trade Bridges (AATB) Program, three IsDB Group Private Sector Entities hosted a webinar on key trade finance and investment components aimed at fostering regional trade. The entities included the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the Islamic Corporation for the Development of the Private Sector (ICD) in collaboration with IsDB Group Business Forum “THIQAH”. Over 1,000 development institutions, sovereign funds, banks, investment and private equity companies, and key government and corporate sector representatives were in attendance.
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, has approved a US$15 million Murabaha Financing Facility in favour of Prime Bank Limited, Bangladesh to facilitate cross-border import transactions of the bank’s private sector businesses, particularly SMEs.
Prime Bank and ITFC signed the financing agreement to boost the rebounding of SMEs in readiness to the return to growth post pandemic. ITFC is continuously expanding its financing outreach to the private sector through local banks in Bangladesh. The financing comes at a critical time as SMEs in Bangladesh and other OIC member countries are currently recovering from the economic effects of the coronavirus pandemic.