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Article: Argentina : ifc s Trade Finance Program to Support Business between Brazil and Argentina.
- Article from:
- TendersInfo
- Article date:
- October 30, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mamta03
IFC, a member of the World Bank Group, will provide Banco Bradesco Argentina S.A. with trade finance guarantees that will allow the bank to increase financing for clients foreign trade transactions, helping lessen the impact of the global financial crisis.
By joining IFC s Global Trade Finance Program as an issuing bank, Banco Bradesco Argentina, a subsidiary of Banco Bradesco Brazil, will be able to expand access to trade finance for businesses operating in key export and import sectors.
We are pleased to join IFC s trade finance program, said Arnaldo Silva, Director and General Manager of Banco Bradesco Argentina. This will ...