Standard Chartered, IFC Double Trade Finance Facility to $400 Million to Boost Pakistan’s Foreign Exchange Flow
Independent Report
Karachi – November 18, 2025:
In a significant step to enhance Pakistan’s foreign exchange inflows and stimulate economic activity, Standard Chartered Bank Pakistan and the International Finance Corporation (IFC) have announced a $400 million risk-participation trade finance facility for major corporates and exporters in the country.
The facility, a part of the World Bank Group member IFC’s initiatives, is designed to provide short-term trade and working capital support, enabling large-scale businesses to expand operations and contribute to sustainable economic growth.
This development, formalized in September 2025, doubles the previous $200 million facility provided in December 2022, representing a major expansion of the ongoing collaboration between the two institutions. The arrangement leverages the extensive expertise of both organizations in export-oriented and large-scale manufacturing sectors in Pakistan.
Rehan Sheikh, CEO and Head of Coverage, Standard Chartered Pakistan, described the agreement as a “historic deal” and a “unique partnership.” He emphasized that the bank’s strong trade focus and global presence play a crucial role in facilitating international trade, empowering clients to accelerate growth and access vital financing solutions.
Momina Ijazuddin, Regional Head of Industry, IFC, reaffirmed the organization’s commitment to strengthening Pakistan’s financial sector. She highlighted that doubling the facility’s size will help unlock critical trade and working capital financing for businesses that drive growth, create jobs, and contribute to the country’s long-term economic resilience.
The program is expected to expand the availability of key credit facilities, including supply chain financing and sustainable finance products, addressing the emerging needs of Pakistan’s economy and supporting inclusive and sustainable development.
This collaboration underscores the importance of international partnerships in facilitating trade finance, strengthening local industries, and contributing to Pakistan’s economic stability.
