It gives me a great pleasure to welcome you to the ITFC website. This is an exciting yet challenging year for ITFC, as it is aiming for an ambitious growth, organizational enhancement and empowerment of its employees.
It is noteworthy that ITFC has successfully stood up to the challenges facing it since inception starting with the economic and financial crisis of 2008 and the ensuing sluggish growth and slow recovery, up to the noticeable geopolitical changes in the MENA region and other member countries. It is through our valued stakeholders, we were able to strive and stay motivated to provide innovative trade finance solutions and support our member countries strategic sectors.
ITFC had proven its ability to tailor trade finance solutions to meet the specific needs of OIC member countries, since the inception of the Corporation. As a multilateral development financial institution and a member of the Islamic Development Bank Group, we strive to meet the trade financing and promotion needs of the OIC member countries. To date, our services coverage has spanned 41 countries for 184 clients from MENA, Sub- Saharan Africa, and Asia/CIS. Through the financing of the agriculture, energy and industrial sectors, ITFC solutions touched the lives of thousands of people and contributed in the socio-economic development of our member countries.
In addition to the Trade Finance activity, ITFC’s Trade Cooperation and Promotion Program (TCPP) will continue to exert all needed efforts to meet the trade development needs and challenges of ITFC’s Member Countries under two vital pillars; enhancing economic integration and cooperation and partnership development. This strategic focus of the organization will enhance regional economic integration, promote trade, and trade development capacities.
Finally, I would like to take the opportunity to wish you all prosperity and success during the current year as well as in the years to come.