📋 Tender Overview
Project Number
49829
Company Name
Faysal Bank Limited
Date SPI Disclosed
Mar 24, 2025
Country
Pakistan
Region
Middle East
Projected Board Date
Apr 23, 2025
Environmental Category
FI-3
Status
Pending Signing
Last Updated Date
Department
Regional Industry FIG MCT
Industry
Financial Institutions
Previous Events
Approved : Nov 11, 2004
Sector
Commercial Banking - Trade
Project Description
The proposed Project is an unfunded trade finance facility, of up to US$ 30 Mn, to Faysal Bank (FBL or the Bank) for transactions with tenors of up to one year. The purpose of the proposed IFC trade line is to enable FBL to expand its international trade business and support trade in lieu of challenging macroeconomic conditions in Pakistan.
