Program Highlights (2012)

Transactions supported (USD): $4.0 billion
Co-financing: $2.3 billion
Transactions involving small and medium-sized enterprises: 1500+
Number of global partner banks: 200+
Maximum transaction maturities: 3 years
Average duration of transactions: Less than 180 days
Six most active TFP countries: Bangladesh, Mongolia, Pakistan, Sri Lanka, Uzbekistan and Viet Nam

Program Summary (2012)

  • Products - Credit Guarantee (CG), Risk Participation Agreement (RPA), and Revolving Credit Facility (RCF)
  • Participants - More than 200 banks: 100+ Issuing Banks and 100+ Confirming Banks
  • Exposure limits - Participating bank limits vary based on credit assessments
  • Tenor - Maximum 3 years, but average tenor of portfolio is less than 180 days
  • Coverage - Up to 100% per individual transaction under CG and RCF; up to 50% under RPA
  • Types of transactions - Letters of credit, guarantees, discounting, trade loans, and other instruments
  • State-owned banks eligible? - Yes, TFP support covers state-owned banks and transactions involving state-owned companies
  • Currencies - US dollar, euro, and yen
  • Costs - No costs to join; transaction fees are market-based