According to the bank website, the project is an uncommitted trade finance guarantee facility under IFC’s Global Trade Finance Program. The purpose of the proposed IFC trade line is to support Vista Bank Burkina Faso’s trade program. GTFP’s investment in the form of a trade line will confirm banks partial or full guarantees (and other trade instruments) covering payment risk on banks in emerging markets in Burkina Faso for their trade related transactions.
The project builds on GTFP's global platform, increasing access to trade finance to emerging markets. The Project will provide increased access to trade finance to the Bank's customers. On the market side, the project will further connect the Bank's cross-border connections, increasing the country's integration through both financial and real sector channels. It will help to link more traders to other countries and connect the country's financial markets more deeply.
Vista Bank Burkina Faso
Mr. Gislain Matingou
+226 25 30 85 85
479 Avenue Kwame Nkrumah, Koulouba, Ouagadougou, Burkina Faso
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