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Trade Finance - Confirming Banks

In line with its willingness to support the growing integration of emerging countries into world trade, Proparco has developed the Trade Finance Guarantee (TFG) program.

This guarantee insures confirming banks against the risk of default by banks that have issued a trade finance instrument - letter of credit, stand-by letter of credit, endorsed draft - on behalf of one of their importing clients.

More information about the Trade Finance Guarantee (TFG) program

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