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Trade Finance Facilitation Program
How the Program Works
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How the Program WorksThe TFFP works exclusively through banks. The reason for this is two fold: 1) Banks are important intermediaries in trade and ADB does not want to displace them. It wants to support and broaden their ability to act as intermediaries, especially in the most challenging markets; 2) ADB does not have the staff and extensive branch network of banks, so from a practical perspective ADB works with financial intermediaries (banks), leveraging resources and complementing respective areas of strength. Please see Credit Guarantee and Revolving Credit Facility for more detail on how each product works. |
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