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International Islamic Trade Finance Corporation (ITFC)
Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation Signs Murabaha Financing Facility with Eastern Bank Ltd to support SMEs in Bangladesh

ITFC partnership will enable one of Bangladesh’s key financial institutions to reach out and provide financial support to more SMEs

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, has approved a Murabaha Financing Facility in favour of Eastern Bank Limited in Bangladesh to support the Bank’s private sector business, particularly SMEs importing raw materials. Eastern Bank is the latest partner institution to…

International Islamic Trade Finance Corporation (ITFC)
Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation Executes its First Standalone LC Confirmation Transaction

ITFC’s approval supports the timely import of fertilizer for agriculture and agri-food processing industries in Bangladesh while enhancing food security and boosting intra-OIC trade flows

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, has advised and confirmed the first standalone Letter of Credit in favour of Groupe Chimique Tunisien in Tunisia under the recently approved LC Confirmation Facility. The LC which was issued by City Bank Ltd…

International Islamic Trade Finance Corporation (ITFC)
Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation Signs US$15 million Murabaha Financing Facility to support SMEs in Bangladesh

ITFC partnership will enable one of Bangladesh’s key financial institutions to reach out and provide financial support to SMEs

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 City Bank Limited in Bangladesh to support the Bank’s private sector businesses, particularly SMEs importing raw materials from the international markets. City Bank…