Arab Trade Financing Program

Arab Trade Financing Program

A financial institution intended to foster trade between Arab countries and to make financing available for Arab exporters. It provides lines of credit to Arab exporters and importers through national agencies. These national agencies are appointed by the monetary authorities in each country. The ATFP was established by the Arab Monetary Fund in 1989.
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Moreover, the Fund has provided, through its subsidiary the Arab Trade Financing Program (ATFP), lines of credit to 21 national agencies in Egypt to finance intra Arab trade activities.
The Arab Trade Financing Program of the AMF facilities that finance Egypt's
Summary: BEIRUT: A $15 million line of credit agreement was concluded on Wednesday between Banque Libano-Francaise (BLF), represented by its CEO, Farid Raphael, and the Arab Trade Financing Program (ATFP) represented by its CEO Jassim al-Mannai.
Minister of Finance Mohammad Abu Hammour told Petra after signing the deal with President of the AMF, Jassem al-Manaai, that the Kingdom has secured a further $20 million to its previous $50 million loan through the AMF Arab Trade Financing Program ATFP.
The loan from the Arab Trade Financing Program, a unit of the Arab Monetary Fund, will help finance the North African country's trade activities, said Aziz Jabara, the program's director for finance and administration.
Al Hamidy will also hold the position of Chief Executive and Chairman of the Board of Directors of the Arab Trade Financing Program (ATFP), a subsidiary of the AMF.
According to el-Naga, the Arab Trade Financing Program of the AMF facilities that finance Egypt's foreign trade is up to USD 1.
The Arab Trade Financing Program (ATFP) approved USD 287 million in the second quarter this year to finance trade agreements in the Arab countries.
The conference, which was organized by the Lebanese Economy and Trade Ministry in collaboration with the Arab trade financing program, aims at creating commercial ties between regional importers and exporters.
Summary: ABU DHABI - Union National Bank, or UNB, has signed an agreement with the Arab Trade Financing Program, or ATFB, to avail $40 million credit for financing trade activities between Arab countries.
CAIRO: Abu Dhabi's Arab Trade Financing Program has extended a $20 million line of credit to Egypt's Export Development Bank to finance Egyptian export activities, Egypt's Trade Ministry said on Thursday.
He made the remarks on the sidelines of the signing ceremony of providing a new credit line between the Arab Trade Financing Program and the National Bank of Kuwait, held in Abu Dhabi.
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