IFC plans to extend $1b emerging markets trade finance facility to StanChart

Passersby walk in front of the main branch of Standard Chartered in Hong Kong January 8, 2015. REUTERS/Bobby Yip

The International Finance Corporation (IFC), the private investment arm of the World Bank, is proposing a $1 billion risk sharing trade finance facility to Standard Chartered Bank to help increase the availability of trade finance in emerging markets.

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