Trade Finance Program (TFP)
In the Spotlight
The COVID-19 pandemic underscores the need to support trade to not only move medical supplies but also to bolster economies. Read full blog.
ADB will make available $200 million through its Supply Chain Finance Program for companies manufacturing and distributing medicines and other items needed to combat the novel coronavirus (COVID-19).
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.
Estimated global trade finance gap (2019)
Australia's support for TFP Pacific (2015-2019)
Number of TFP’s partner banks
Transactions supported by ADB TFP (2009-2019)
- Podcast: ADB -Development Banks step up in the fight against COVID-19
- Digital Trade Standards Initiative launches under the umbrella of ICC
- ICC launches Digital Trade Standards Initiative, backed by ADB and Government of Singapore
- ICC lands funding from ADB and Singapore govt for Digital Trade Standards Initiative
- Digital Trade Standards Initiative launches under the umbrella of the International Chamber of Commerce
- View earlier articles
Awards won by TFP