Trade Finance Program
In the Spotlight
The world needs an estimated $1 trillion to support the trade that grows economies and lowers poverty. ADB's Head of Trade Finance, Steven Beck, discusses strategies to fill that need.
Some of the leading banks working with ADB's Trade Finance Program discuss the benefits of the program.
This February 2017, the TFP will offer trade finance certification course to partner banks using ICC Academy’s international training model and digital platform.
On 21-23 February 2017, TFP will conduct part 2 of the Pacific regional training on trade finance in Nadi, Fiji. More than 40 participants from 16 banks, representing 11 countries in the Pacific region, will be participating.
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.
Transactions supported by ADB TFP (2009-2015)
SMEs supported by TFP (2015)
Estimated global trade finance gap (2016)
Number of TFP’s partner banks
- 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