The IDB Group supports trade finance with different modes of financing since trade finance is vital to the global economy, especially to IDB Group member countries. Trade finance is generally a short term program in nature with a working capital cycle of 12-36 months period.
Modes of financing:
Within these modes of financing, the IDB Group provides various services such as:
Trade financing: Import or Export Financing
Account receivables financing with assignment of receivables
Lines of financing to local banks
These services are available for:
Government and Government-owned entities
Private sector companies, manufacturers and traders
The IDB Group also provides trade-related technical assistance on trade promotion and facilitation to member countries. The principal objective is to promote and enhance intra-trade and trade cooperation among member countries and to complement the efforts of trade financing in this regard.