Trade Finance Program: Building Partnerships for Trade
The Trade Finance Program (TFP) of the Asian Development Bank fills market gaps for trade finance by providing guarantees and loans to banks. This fact sheet presents the highlights of the program for 2019.
The TFP works with over 240 banks in 21 countries to provide companies with the financial support they need to engage in import and export activities in Asia’s most challenging markets. In 2019, the TFP supported 4,832 transactions worth a total of $5.4 billion, including $3.5 billion in co-financing, and helped 4,069 small and medium-sized enterprises. The most active TFP countries are Armenia, Bangladesh, Pakistan, Sri Lanka, and Viet Nam.