ADB to provide guarantee to NIB on trade finance

22 Mar, 2011

In this regard, NIB and ADB will sign an agreement on March 24, for providing trade finance guarantee facility.

Consequently, NIB's customers will enjoy greater access to trade finance through ADB's Trade Finance Program, allowing them to conduct more overseas trade.

ADB's Trade Finance Program works with over 200 partner banks to provide guarantees and loans to support international trade transactions.

Copyright APP (Associated Press of Pakistan), 2011

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