Source:
International Islamic Trade Finance Corporation (ITFC) |
International Islamic Trade Finance Corporation (ITFC) conducts first transaction with partners on Bolero trade finance platform
The transaction concerned a cotton shipment originating from Burkina Faso, shipped by CMA CGM Group from the Port of Lomé in Togo
A Cash Against Documents transaction orchestrated by Saudi-based ITFC (www.ITFC-IDB.org) was successfully completed between SOFITEX (www.SOFITEX.bf) and Louis Dreyfus Company (LDC) (www.LDC.com), using an electronic bill of lading issued by the CMA CGM Group (www.CMA-CGM.com), a world leader in shipping and logistics, through Bolero’s (www.Bolero.net) digital trade finance platform for…
