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Mashreq and British International Investment announce $50m trade finance partnership for South Asia and Africa

Nov 26, 2024•over 1 year ago

Contract Type

partnership

KarachiFinancial ServicesFinanceBanking

Description

Mashreq and British International Investment have announced a first-of-its-kind $50m trade finance partnership to enhance cross-border trade finance in key emerging markets across South Asia and Africa. The collaboration aims to address a growing trade finance gap and provide US dollar liquidity to support the import of critical goods during challenging economic conditions.

Company Information

Company

Mashreq

Location

Karachi, Sindh, Pakistan

About

Mashreq Pakistan is a part of Mashreq, which is the leading financial institution in the MENA region. The company is focused on being an international digital leader and innovation-led bank in Pakistan.

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