Trade Finance Facilitation Program (TFFP)
What is the TFFP?
- The Program
- Why was it created?
The Trade Finance Facilitation Program (TFFP) was created in 2005 to support LAC banks’ access to international trade finance markets through technical cooperation, knowledge creation and financial products (guarantees and loans).
Why was it created?
- To promote development and economic growth in the region through the expansion of trade financing to LAC banks
- To broaden the sources of trade finance available for LAC importing and exporting companies and support their internationalization
- To support global and intraregional integration through trade
- To ensure liquidity in periods of market volatility (program’s counter-cyclical role)