HSBC and IFC partner to bridge the trade finance gap in emerging markets – Trendy Blogger

HSBC and IFC partner to bridge the trade finance gap in emerging markets

 – Trendy Blogger

HSBC and the World Bank’s International Finance Corporation will provide financing for trade deals worth up to US$1 billion to address the funding shortfall in emerging markets trade. The financing arrangement will see the two institutions equally sharing the risks of a portfolio of trade-related assets held by banks in 20 countries in Africa, Asia, … Read more