EBL receives IFC Global Awards


FE Online Desk | Published: November 10, 2018 13:25:32


EBL receives IFC Global Awards

Eastern Bank Limited (EBL) has received two prestigious global awards - “2017 Best issuing Bank Partner-South Asia” and “2017 Best Trade Operations Bank Partner-South Asia” from international Finance Corporation (lFC) of  World Bank Group.

 

EBL earlier  received  several esteemed awards from IFC including the “Best partner for working capital systemic solutions WCSS)”, “Most Active GTFP issuing Bank in South Asia”, “Most Active issuing Bank in Agribusiness” and “Best GTFP issuing Bank in South Asia”.

 

Rated by International Rating Agency ‘Moody’s’, EBL has been maintaining long term relationship with IFC to help facilitate the international trade and OBU businesses of its clients.

 

EBL is  closely working with various other  international financial organisations  including German based development finance institution (DEG) , Asian Development Bank (ADB),  Dutch development bank( FMO ), French Development Bank( Proparco),   leading Development Financial Institutions (DFIs) to develop innovative products and build up prominent OBU, FI and  trade businesses, said a statement.

-rmc//

 

 

 

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