PROJECT

Projects

Summary of Investment Information

Project Number

40541

Company Name

SCB Trade Finance RSF

Date SPI Disclosed

Feb 2, 2018

Country

World Region

Region

Global

Projected Board Date

Mar 14, 2018

Environmental Category

FI-3 - No Impact

Status

Completed

Last Updated Date

Oct 14, 2021

Department

Global Trade & Supply Chain

Industry

Financial Markets

Previous Events

Approved : Oct 30, 2018
Signed : May 13, 2019

Sector

Commercial Banking - Trade and Supply Chain

Project Description

The proposed project is a $1.0 billion risk sharing portfolio in a trade finance facility supporting significant trade flows in Emerging Markets (EMs) through which IFC and Standard Chartered Bank (Standard Chartered) will share the risk of the portfolio on a 50-50% basis. The proposed project will augment trade limits supporting trade flows in and out of EMs at a time when the demand for trade financing far exceeds the limits offered by banks. The proposed project is expected to support continuous trade flows totaling about $4.0 billion of trade p.a. and reach over 500 companies in EMs where decreases in the level of financing is limiting trade flows..  

Associated Advisory Engagement

                                             

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation