Development, Americas, Trade & Supply Chain, IFC; Abdulrahman Yinusa, Executive Director/Chief
Financial Officer, Diamond Bank PLC; Ricardo Bastos Salgado, Managing Director, Banco Espírito
Santo; and Nuno Monize, Managing Director, Head of Financial Institutions Group, Millennium BCP;
at the International Finance Corporation’s 6th Annual Global Trade Partners Meeting in Lisbon, Portugal,
recently.
IFC, a member of the World Bank Group, recently recognized 25 financial institutions as its best partners in trade and supply chain finance for 2013.
IFC announced the awards during its inaugural Global Trade Partners Awards Dinner at conclusion of its 6th Global Trade Partners Meeting, which took place last week in Lisbon. The 2014 conference attracted 350 delegates from 56 countries and featured a record 32 sponsors, including platinum sponsors Banco Espirito Santo, Diamond Bank PLC, and Millennium BCP and dinner sponsor Caixa Geral de Depositos.
Portuguese Deputy Prime Minister Paulo Portas delivered the opening keynote address, kicking off two days of insightful discussions on building cross-border banking networks, developing innovative solutions for agribusiness and commodity finance, and enhancing global value chains by financing small and medium enterprises.
“Our annual conference provides an unparalleled opportunity for our partners to learn from global experts and develop business leads in all regions,” said Georgina Baker, Global Head of Trade and Supply Chain Solutions at IFC. “We are pleased to acknowledge those banks that innovated or worked extensively with IFC last year to support the growth of emerging market trade and help more countries and firms integrate into global supply chains.”
The Global Trade and Supply Chain Solutions team at IFC was formed in 2010 to integrate working capital financing and trade facilitation initiatives with IFC’s award-winning Global Trade Finance Program and Global Trade Liquidity Program. Our suite of innovations addresses gaps in the financing needs of underserved clients in emerging markets through trade finance, supply chain finance, structured finance, commodity finance, and advisory services.
Diamond Bank was the only winner in Sub Saharan Africa and won Best Issuing Bank Partner.