Business Recorder - Business & Finance - Money & Banking https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 14:13:15 +0500 Thu, 13 Aug 2026 14:13:15 +0500 60 ADB to provide guarantee to NIB on trade finance https://www.brecorder.com/news/8147/adb-to-provide-guarantee-to-nib-on-trade-finance <p class="MsoNormal"><img style="margin-right: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/pics2011/mar/asian-development-bank_400.jpg" width="400" height="326" />KARACHI: Asian Development Bank (ADB) will provide guarantees to NIB Bank Ltd on international trade finance that the conducts with foreign partner banks.</p> <p class="MsoNormal">In this regard, NIB and ADB will sign an agreement on March 24, for providing trade finance guarantee facility.</p> <p class="MsoNormal">Consequently, NIB's customers will enjoy greater access to trade finance through ADB's Trade Finance Program, allowing them to conduct more overseas trade.</p> <p class="MsoNormal">ADB's Trade Finance Program works with over 200 partner banks to provide guarantees and loans to support international trade transactions.</p> <p class="MsoNormal"><Center /><b><i>Copyright APP (Associated Press of Pakistan), 2011</b></i></center></p> KARACHI: Asian Development Bank (ADB) will provide guarantees to NIB Bank Ltd on international trade finance that the conducts with foreign partner banks.

In this regard, NIB and ADB will sign an agreement on March 24, for providing trade finance guarantee facility.

Consequently, NIB's customers will enjoy greater access to trade finance through ADB's Trade Finance Program, allowing them to conduct more overseas trade.

ADB's Trade Finance Program works with over 200 partner banks to provide guarantees and loans to support international trade transactions.

Copyright APP (Associated Press of Pakistan), 2011

]]> Business & Finance https://www.brecorder.com/news/8147 Tue, 22 Mar 2011 11:30:53 +0500 none@none.com (Babar Malik)