GTLP JPMC

completed

_x000C_ The project is for IFC and funding partners (countries, development finance institutions and international financial institutions) to provide trade financing of up to US$400 million to JPMorgan Chase Bank, National Association (“JPMorgan Chase & Co.” or the “Bank”) headquartered in New York, NY in the United States, as part of IFC’s Global Trade Liquidity Program (“GTLP”). GTLP is part of IFC’s multi-faceted global financial crisis response. It is a funded trade finance program of up to US$8 billion that will be mobilized and disbursed in phases to provide IFC with a flexible platform from which to support the extension of funded trade financing to under-served clients globally. The proposed total IFC investment would be up to US$1 billion, which will be match-funded with resources from other funding partners as well as several international banks with an established footprint in emerging markets trade finance.