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- The International Islamic Trade Finance Corporation (ITFC) extends a US$10 Million Letter of Credit Confirmation Facility to Rabitabank, Azerbaijan
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International Islamic Trade Finance Corporation (ITFC) |
The International Islamic Trade Finance Corporation (ITFC) extends a US$10 Million Letter of Credit Confirmation Facility to Rabitabank, Azerbaijan
This facility is designed to help Rabitabank expand its trade financing activities for the Private Sector, especially SMEs in Azerbaijan
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB), and Rabitabank have signed a US$ 10 million Letter of Credit (LC) Confirmation Facility to meet the private sector's trade finance needs, particularly SME clients and contribute towards the promotion of Sharia-compliant trade…