Trade Finance Facility

Trade Finance 2017

OFID’s Trade Finance Facility (TFF)  supports private enterprises and governments by facilitating their import and export requirements. This helps address inventory and working-capital needs and improves the cross-border trade prospects of partner countries. OFID’s trade financing window provides: direct financing or participation in risk sharing programs to support financial  institutions and the growth of their international trade activities; and trade financing across the value-chain, including  structured commodity finance, working capital finance and pre-export finance to private enterprises or governments.

OFID’s private sector and trade finance windows continued to grow in importance and scale. Total combined approvals during the year were US$787.5 million, up from 
US$711.5 million in 2016, representing an increase of nearly 11%.
Trade finance made up US$535 million of this amount, compared with US$294 million in 2016. Growth was helped by diversification across industry sectors and the use of a broad spectrum of financial instruments.