What is ITFC
ITFC
The leading Trade
Solutions Provider
Solutions Provider
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among Organization of Islamic Cooperation (OIC) member countries, which would ultimately contribute to the overarching goal of improving the socio-economic conditions of the people across the world.
Commencing operations in January 2008, ITFC has provided US$69 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries’ needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with trade-related technical assistance Programs, which would enable them to have the necessary tools to successfully compete in the global market.
ITFC Vision
ITFC is the leading provider of trade solutions for OIC member countries' needs.
Mission
ITFC is the catalyst for trade development among OIC member countries and beyond.
ITFC in numbers
US$ 69 billion
Total Trade Financing
US$ 54 billion
Total Disbursements
US$ 37 billion
Intra-OIC Trade
US$ 44 billion
Supporting Energy Sector
US$ 10 billion
Supporting Food & Agriculture
