CaixaBank and IFC (World Bank Group) gather over 300 representatives of the international trade finance sector in Barcelona

CaixaBank and the International Finance Corporation (IFC), a member of the World Bank Group, gathered in Barcelona over 300 representatives of the international trade finance sector. The Global Trade Partner Meeting, which was held from 7 to 9 May in CaixaBank’s corporate building in Barcelona, marks the 20th anniversary of the entry of IFC, the leading multilateral financing institution dedicated exclusively to the private sector in developing countries, into global trade finance operations.

Through the GTFP, CaixaBank finances banking organisations with which it conducts business through its international branches, representative offices and the IFI department, with backing from the IFC. In this way, the company strengthens its leadership in foreign trade financing solutions and its relationship with local banks in the jurisdictions where it operates through its international network and its partnerships with over 1,600 correspondent banks, all in an effort to provide comprehensive support to its customers that operate abroad, while also maintaining its commitment to sustainability.

In 2023, CaixaBank provided financing to 54 banks in 22 countries totalling 2.203 billion euros as part of this programme. In addition, CaixaBank reinforced its leadership in the area of sustainable financing, with over $300 million in transactions under the GTFP in 2023.

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