IIB expands its trade finance product line
In November 2016, the Council of the International Investment Bank (IIB) approved a new IIB trade finance product – short term Trade related loans (TRL). Thus, the Bank continued its course to develop activities in the area of Trade Finance (TF) benefitting the IIB member states, including with the involvement of non-member countries. For the purposes of conducting TF operations, the IIB has concluded a number of Master Agreements with financial institutions from its member states and from… Read more