TFFP - What does TFFP stand for? The Free Dictionary
References in periodicals archive
enables companies throughout Latin America to engage in import and export activities through the provision of loans and guarantees by IDB Invest's 102 partner banks across Latin America.
As of October 2009, the ADB's TFFP
programme has been involved in more than 1,700 global trade transactions worth more than USD1.9bn.
The announcement of up to $50 million in 'A' and 'B' loans to BICBANCO under the TFFP
was made during the annual meeting of the FELABAN federation of Latin American banks, which is taking place here November 15-18.
The agreements are part of ADB's recently expanded USD1bn Trade Finance Facilitation Programme (TFFP
) that is expected to raise nearly USD15bn in trade support for Asia by the end of 2013.
ADB had said on April 1 that it would expand the TFFP
to USD1bn, a move that could generate up to USD15bn in much-needed trade support by the end of 2013, according to Zhao.