Improving the SMEs Access to Trade Finance DRAFT
in the OIC Member States
32
Table 3: IFC Trade Finance Program Elements
Source: IFC GTFP Evaluation, World Bank Independent Evaluation Group, 2013
Regional IFIs or IFIs with more focused/selective mandates include the Asian Development
Bank headquartered in Manila that has specifically decided to target its support at Asian
economies in greatest need. The ADB has also systematically and consistently sought to
improve knowledge about trade finance on a global basis, contributing high-value initiatives,
analyses and studies to advance the dialogue and understanding about trade finance beyond a
core group of specialist practitioners. It was the ADB for example, the conceived and funded
the development of the Trade Finance Default Register – an annual survey of trade banks’
default and loss experience in trade finance that proved critical to discussions with
international and national regulatory bodies over the course of the global crisis and beyond,
demonstrating objectively, the negligible loss history of trade finance and thus advocating
successfully for more equitable and appropriate regulatory treatment of trade finance
transactions.