ADB, FMO of the Netherlands to Share Risk on Trade Finance in Asia

MANILA, PHILIPPINES - The Asian Development Bank (ADB) today signed a risk distribution agreement with the Netherlands Development Finance Company (FMO), which will lead to greater and wider support for trade in ADB's developing member countries.

The risk distribution agreement is part of ADB's $1 billion Trade Finance Facilitation Program (TFFP), which provides loans and guarantees through, and in conjunction with, international banks and ADB's developing member country banks to support international trade transactions.

Read the full news release.