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Islamic Finance Briefing - Categorized | Finance, Funds more

ITFC funds $2.5 bln for trade support

Posted on 21 July 2009

From Abc.az: The International Islamic Trade Finance Corporation (ITFC), a member of Islamic Development Bank, is ready to expand operations for development of world trade.

ITFC CEO Waleed Al Wohaib says that the IDB Group is scaling-up its operations to assist Organization of Islamic Co-operation member countries by an additional US$2.5 bn to increase its annual growth rate from 15% to 30% over the period 2009-2011…….Full Article: Source

 
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