IFC partnership will boost trade finance in Sri Lanka

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IFC is set to partner with Sampath Bank to provide trade financing for Sri Lankan exporters, a move that will improve access to global markets and boost the country’s trade.

As part of the agreement, IFC will partially or fully guarantee the trade finance payment risks of Sampath Bank's clients. IFC's global trade finance programme promotes trade among emerging markets, helping banks to ensure liquidity of export-oriented small and medium enterprises (SMEs).

IFC’s commitment portfolio in Sri Lanka stands at $230 million and covers projects across a range of sectors, including infrastructure, tourism, renewable energy, finance and healthcare.

Related analytics

Transaction Name Stage Est. Value
Unspecified/$1 million/0518 Financial close 1.00
Unspecified/$1 million/0318 Financial close 1.00
JA Mitsui Leasing/$0 million/0418 Financial close 0.00
Komatsu/$0 million/0418 Financial close 0.00
ITOCHU Corporation/$0 million/0618 Financial close 0.00
No data available
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