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IFC sees technology as the future of trade finance

IFC sees technology as the future of trade finance
Jan 27, 2016

Since 2014, the IFC has issued a number of high-profile loans to the Chinese company Ant Financial, a member of the AliBaba Group, for lending to Chinese businesses. Among these was a US$160mn facility and a US$80mn facility, with the specific objective of supporting female entrepreneurs in China.

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