HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1 billion, in a move to help fill a gap in financing for emerging market trade.

IFC and The Hongkong and Shanghai Banking Corporation Limited (HSBC) have announced the signing of a $1 billion risk-sharing facility that will help banks in emerging markets increase their lending to support trade.

HSBC and the International Finance Corporation (IFC) signed a US$1-billion partnership to help banks in emerging markets increase their lending to support trade. The risk-sharing facility between one of Hong Kong's currency-issuing banks and the private sector financing arm of the World Bank will cover trade-related assets held by banks in 20 countries in Africa,

BAKU, Azerbaijan, December 13. The International Finance Corporation (IFC) and The Hongkong and Shanghai Banking Corporation Limited (HSBC) have signed a $1 billion risk-sharing agreement aimed at increasing trade finance in emerging markets, Trend reports via the IFC.

HONG KONG: HSBC and the World Bank’s International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1 billion, in a move to help fill a gap in financing for emerging market trade.

HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1 billion, in a move to help fill a gap in financing for emerging market trade.