IFC honours Bank Asia for trade finance excellence
Bank Asia PLC has received the "Best GTFP Issuing Bank in South Asia" award from the International Finance Corporation (IFC) in recognition of its role in facilitating international trade.
The bank said the recognition places it alongside leading international financial institutions such as Standard Chartered Bank and Deutsche Bank.
The award was presented by Nathalie Louat, global director of trade and supply chain finance at IFC, to Sohail R K Hussain, managing director of Bank Asia PLC, at a ceremony held in Lisbon, Portugal, on 26 March, 2026.
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The event was attended by senior representatives of IFC and Bank Asia, including Akintunde Ogunmodede, regional lead for trade and supply chain finance for Asia and the Pacific at IFC, and Md Zia Arfin, SEVP and head of International Division at Bank Asia PLC, along with other senior officials.
Conferred under IFC's Global Trade Finance Program (GTFP), the award recognises partner banks that demonstrate strong collaboration with IFC, excellence in supporting cross-border trade, particularly in challenging markets, and a commitment to responsible and sustainable financing practices, including the promotion of green trade initiatives.
Bank Asia said the recognition reflects its industry leadership, operational excellence and contribution to regional economic growth and global trade connectivity.
