1. Trade and Investment Tools
from the World Bank/IFC
David Fulton
Director of Business Liaison
Office of the U.S. Executive Director
World Bank Group

2. World Bank/IFC Global Trade Finance Program
GTFP provides confirming banks a guarantee to cover
payment risk on banks in the emerging markets. These
guarantees are transaction-specific and apply to:
 letters of credit
 trade-related promissory notes and bills of exchange
 bid and performance bonds
 advance payment guarantees
 suppliers credits for the import of capital goods

3. World Bank/IFC Global Trade Finance Program
 Bank of America
 Bank of New York
There are hundreds of banks
 Citi
in the GTFP
 Cobank program, including many in
 Fifth Third Bank the United States. The
program helps provide risk
 JP Morgan
coverage for transactions in
 PNC Bank challenging markets.
 US Bank
 Wells Fargo

4. World Bank/IFC Global Trade Finance Program
Since 2005, GTFP has provided $504 million in
guarantees for 328 export transactions from the
U.S.
•Average transaction:  Computers
$1.5 million  Cotton
 HVAC
•Median transaction:
$298,000  Guitars
 Handbags
•Smallest transaction:
$1,307  Trucks
 Food products
•Largest transaction:
$60 million  Fertilizer

5. World Bank/IFC Global Trade Finance Program
 LC issued by a Bangladeshi Bank
 Confirmed by a US Bank
 Tenor: 8 months
 Value: $1.4M
 IFC Covers 64%
Bangladesh
USA

6. World Bank/IFC Global Trade Finance Program
•LC issued by a Nigerian Bank
•Confirmed by a US Bank
•Tenor: 7 months
•Value: $10M
•IFC Covers 33%
Nigeria
USA

7. World Bank/IFC Investment Finance
IFC provides a broad range of products to promote
private sector engagement and entrepreneurship
in developing markets.

8. World Bank/IFC Investment Finance
Senior Structured Mezzanine Private
Debt Finance Finance Equity
• On-lending • Partial credit • Convertible debt • Common shares
guarantees
• Liquidity management • Subordinated debt • Preferred shares
• Securitization
• Acquisition financing • Other Tier II
• Bond underwriting instruments
• Warehousing facilities
• Local Currency
• Syndicated loans
financing
Global Trade Advisory Sustainable
Finance Program Services Finance
• $5 billion program • Corporate governance • Carbon finance
• Guarantees to issuing banks • Risk management • Renewable energy
• 174 issuing banks in 77 • Small and medium business • Supply chain financing
countries banking • Corporate governance
• 186 confirming banks in 83 • Housing finance financing
countries
• Energy efficiency finance
• $579 million of issued
guarantees in first 12 months

9. World Bank/IFC Investment Finance
Shoprite Holdings Ltd. (“Shoprite” or “the
Company”) is a food retail sector leader in the
Republic of South Africa. Shoprite is implementing
a program to finance and expand its operations in
the Republic of Angola (the “Project”). The Project
includes the construction of modern retail stores in
Angola, as well as the financing of the
refurbishment and expansion of the Company’s
existing retail facilities in that country.

10. World Bank/IFC Investment Finance
IFC is considering an equity investment in Viet
Phu Payment Corporation (“Mobivi”) up to $2
million in preferred shares to support the Company
to expand its services within Vietnam. The
Company provides e-payment platform and
network for real-time transactions on any online
and mobile platforms, targeting both corporate and
retail users

11. World Bank/IFC Investment Finance
Phoenix Petroleum Philippines Inc. is engaged in
the business of wholesale and retail trading of
refined petroleum products, lubricants and other
chemical products, and the operation of oil depots
and storage facilities mainly in southern
Philippines. IFC is considering financing up to $10
million to fund the Company’s corporate
investment program to expand its distribution and
retail service station networks.

12. David Fulton
Advisor & Director of Business Liaison
Office of the U.S. Executive Director
World Bank Group
dfulton@worldbank.org