Gscf Smbc Tender

Project Number
48462
Company Name
SUMITOMO MITSUI BANKING CORPORATION
Date SPI Disclosed
Feb 6, 2025
Country
World Region
Region
Global
Projected Board Date
Jan 13, 2025
Environmental Category
FI-2
Status
Pending Signing
Last Updated Date
Department
Global Trade & Supply Chain
Industry
Financial Institutions
Previous Events
Approved : Dec 15, 2022
Sector
Trade Finance
Description: Project Description
The proposed investment is a funded risk-sharing facility with Sumitomo Mitsui Banking Corporation ( SMBC ) in a portfolio of supply chain finance-related assets for up to US$300 million with IFC investment of up to US$150 million (the Project ).



The Project falls under the Global Supply Chain Finance (GSCF) Program, a program launched by the International Finance Corporation (IFC) in December 2022. The GSCF supports open account trade in emerging markets by providing funded or unfunded risk participation in partner banks’ facilities.