The NIB Bank Limited and Asian Development Bank signed a Trade Finance
Guarantee Facility agreement on Thursday at NIB Head Office, Karachi.
Under the agreement, ADB will provide guarantees on international trade finance that NIB conducts with
foreign partner banks.
Consequently NIB`s customers will enjoy greater access to trade finance through ADB`s Trade Finance
Programme, allowing them to conduct more overseas trade.
ADB`s Trade Finance Programme works with over 200 partner banks to provide guarantees and loans to
support international trade transactions.
