International Islamic Trade Finance Corporation (ITFC)

Energy

World Bank offers cheaper $350m loan guarantee for LNG imports

The “revolving letter of credit facility” offered by the WB’s Multilateral Investment Guarantee Agency (Miga) will provide a 100% guarantee for LCs issued by local and international banks to...

Bangladesh

Islamic Trade Finance to provide $2.45b loan for oil, gas, fertiliser imports in FY26

Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration

World+Biz

Saudi Arabia's Islamic Trade Finance Corp to provide $1.4 billion to Bangladesh Petroleum

Corporates

ITFC arranges a Syndicated Murabaha Financing Facility of $40 million for Prime Bank

Banking

Prime Bank and ITFC sign Murabaha Financing Facility Agreement

City Bank Additional Managing Director Sheikh Mohammad Maroof and ITFC CEO Hani Salem Sonbol signs a $15 million trade finance deal to support private sector enterprises in Bangladesh. Photo: City Bank