Trade Finance Program (TFP)
In the Spotlight
The brief promotes the uptake of the Legal Entity Identifier (LEI) system as a means to increase transparency in the global economy, thwart money laundering and terrorist financing, and help banks conduct due diligence. A survey demonstrates that both large and small companies in developing countries can acquire an LEI relatively easily and at a reasonable cost. Read more
The Pacific is among the global regions most impacted by this de-risking trend, driven by international banks unwilling to work with local banks in jurisdictions where anti-money laundering/counter-terrorism financing controls are weak. ADB is providing training in the Pacific and other regions to address this.
How does ADB's Trade Finance Program work and what role does it play in boosting economic growth in Asia and the Pacific?
How ADB's Supply Chain Finance Program brings finance to small and medium enterprises.
ADB's Trade Finance Program (TFP) fills market gaps for trade finance by providing guarantees and loans to banks to support trade.
Backed by its AAA credit rating, ADB’s TFP works with over 200 partner banks to provide companies with the financial support they need to engage in import and export activities in Asia’s most challenging markets. With dedicated trade finance specialists and a response time of 24 hours, the TFP has established itself as a key player in the international trade community, providing fast, reliable, and responsive trade finance support to fill market gaps.
A substantial portion of TFP’s portfolio supports small and medium-sized enterprises (SMEs), and many transactions occur either intra-regionally or between ADB’s developing member countries. The program supports a wide range of transactions, from commodities and capital goods to medical supplies and consumer goods.
The TFP continues to grow, supporting billions of dollars of trade throughout the region, which in turn helps create sustainable jobs and economic growth in Asia’s developing countries.
TFP is a program of ADB's Private Sector Operations Department.
Transactions supported by ADB TFP (2009-2018)
Estimated global trade finance gap (2017)
Number of TFP’s partner banks
Australia's support for TFP Pacific (2015-2019)
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- View earlier articles
- Trade Finance Scorecard: Regulation and Market FeedbackThe scorecard identifies regulatory issues and market conditions for trade finance in Asia and the Pacific in 2018. Download latest report
- ICC Trade Finance RegisterThe ICC (International Chamber of Commerce) Register annually produces default and loss statistics for the global trade and export finance industry. ADB's TFP initiated and funded the first Register report in 2010. Download latest report
- Trade Finance Gap StudyADB's annual study quantifies global market gaps for trade finance and their impact on growth and jobs. Download latest report
Awards won by TFP