URDG 758 Seminars

held in Vietnam with Pavel Andrle

eBSI collaborated with the Vietnam Bankers Association invited eBSI Senior Consultant, Mr. Pavel Andrle, ICC Czech Republic, to deliver a URDG 758 seminar in both its Capital, Hanoi  …

… And in Ho Chi Minh City.  Pavel Andrle, eBSI’s Trade Finance Tutor has been to Vietnam a number of times on assignment for eBSI covering projects for IFC and CACCI.

IFC 'FIT' Initiative

Over 100 new participants

on Course for Dual Certification

We are delighted to announce our latest intake  if the IFC FIT Initiative - a specialised Finance of International Trade (FIT) certificate program designed to encompass the core operational areas of International Trade Finance and Payments has accepted over 100 participants from Bangladesh, Cambodia, Kenya, Nigeria, Pakistan, Tanzania, Uganda, and Vietnam. This innovative initiatve supported by IFCis being delivered by a team of leading organisations from around the world in order to ensure the highest standards of content, support and accreditation are offered to participants.

Download our latest Course Prospectus now

This international group is led by the eBSI Export Academy (eBSI), a leading International Trade and Finance Training organisation specialising in the delivery of eLearning programs in these important areas. eBSI has partnered with IFC to deliver the FIT Program in IFC's Priority Countries with IFC support and through eBSI's own Emerging Markets Grant Scheme (EMGS).

The FIT Program is certified by the Institute of Export UK and and in Pakistan by he Institute of Bankers Pakistan and successful participants who pass the FIT Program's continuous assessment elements will receive a certificate in Finance of International Trade.

Course content also includes ICC approved online training in UCP 600 provided by Coastline Solutions in Ireland.

This website will provide you with the latest info on the IFC 'FIT' Initiative, its program content, enrolment information and details of events occuring in participating countries. We welcome you to join this international network!

The IFC 'FIT Initiative' is an essential component in the training make up of all trade finance practitioners given its practical online approach to a broad spectrum of core trade finance products including Documentary Collections, Documentary Credits, Factoring, Forfaiting, Invoice Discounting, Bonds and Guarantees, all delivered in a comfortable and permanent Global Trade Finance Campus online.  Download our latest Course Prospectus now and find out about all the events and great feedback we have received from our over 600 graduates of the IFC Finance of International Trade Program!

The normal cost of this elearning program is EUR 995 however thanks to the support of the International Finance Corporation and the eBSI Export Academy Emerging Markets Grant Scheme, the cost of this training program has been reduced to EUR 490.  Group rates can also be arranged.

If you would like more detailed information or to apply to enrol for this course please complete the form below and we will contact you with more info and to complete your enrolment.

Contact us now to ensure your place in our next intake! Download our latest Course Prospectus now

Enrolment Information Request form

ICC Nigeria holds IFC FIT Graduation as

culmination to prestigious event

To celebrate its significant strides in promoting international trade and economic activities around the World, the International Chamber of Commerce Nigeria held a dinner on Friday November 18, 2011 at the Main Auditorium, Metropolitan Club, in Victoria Island, Lagos. Being an affiliate of the ICC with International Headquarters in Paris, the ICCN joined its counterpart National Committees, in over 120 countries to celebrate the 80th Anniversary of the ICC Banking Commission globally and the Introduction of the New ICC Arbitration Rules. The global theme of the event was ‘Big Shifts in Trade and Finance’.

His Excellency, Dr. Christopher Kolade,CON, Former Nigerian High Commissioner to United Kingdom (UK) & Pro-Chancellor, Pan-African University and Mr. Ola Vincent, Former Governor, Central Bank of Nigeria (CBN) were the Chairman and Special Guest of Honour respectively. A cross – section of notable business Leaders and Captains of Industry in both the private and public sectors of the economy as well as members of the Diplomatic Corps also attended the event.

Other high points of the event included the presentation of a Banking Commission Award to Chief (Dr.) O. Osunkeye, Immediate Past ICCN Chairman and now honourary Chairman of the Chamber. In line with one of its objectives of adding value to its members through qualitative training with international standards, members who successfully participated and concluded the IFC FIT Initiative Program were awarded their certificates at the Dinner.

Granduands from all the major local trade finance banks in Nigeria participated in the 3 month online learning program and feedback from them has been extremely positive as reflected in the comments of Adebayo Ayangbesan , of Union Bank, who noted "Continuous updating of knowledge by professionals  is indeed now   compulsory with the ever changing business world and this I have achieved by participating in the IFC FIT Program, I have gained immensely and I cannot but be grateful to the ICC, Institute of Export and IFC with eBSI  for enriching my knowledge of International Trade."

Below we can see some of the happy graduands receiving their certificates.  Congratulations to all!

Contact Bunme Funke at ICC Nigeria This e-mail address is being protected from spambots. You need JavaScript enabled to view it   for further information about the next intake of the IFC FIT Program in Nigeria which will take place on week starting 12 February 2012.

GTLP Initial Progress Remarkable

according to Industry Experts

The Global Trade Liquidity Program (GTLP) is a unique, coordinated global initiative that brings together governments, development finance institutions (DFIs), and private sector banks to support trade in developing markets and address the shortage of trade finance resulting from the global financial crisis.

GTLP began its operations in May 2009, channeling much-needed funds to back trade in developing countries. With targeted commitments of $4 billion from public sector sources, the program should be able to support up to $45 billion of trade in three years. It raises funds from international finance and development institutions, governments, and banks, and it works through global and regional banks to extend trade finance to importers and exporters in developing countries. IFC’s commitment to the program is $1 billion.

GTLP is currently progressing to Phase 2 of the program. Phase 2 was launched in January ’10 with an unfunded solution, based on the existing GTLP platform, to support trade finance in the emerging economies of Central and Eastern Europe. It is planned to expand to cover Africa and Latin America. Phase 2 also will include directed Food and Agribusiness solutions, a response to the global call for action in this critical sector.

Since its launch in July 2009, GTLP has been acknowledged in the financial industry as an innovative structure to help infuse much needed liquidity into the trade finance market, thereby catalyzing global trade growth. The solution also represents a win-win proposition: for the banks it provides an opportunity to continue supporting clients through these difficult times; for IFC and its partners, it affords the ability to channel liquidity and credit into markets to help revitalize trade flows by leveraging on the banks’ vast networks across emerging markets in Asia, Africa, Middle East, Europe, and Latin America. The program is already benefitting thousands of importers and exporters and small and medium-sized enterprises.

Disbursements:

As of June 30, 2011 a total of US$1.773 billion of funding has been disbursed to eight program banks.