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ITFC, the leading provider of trade solutions for OIC countries, balances financial sustainability with development impact. Learn about their impact and efforts in areas like progress evaluation, short-term finance, private sector impact, and country case studies.
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International Islamic trade finance corporationAdvancing trade, improving lives
Our vision “ITFC is the leading provider of trade solutions for OIC member countries’ needs”
ItfcADVANCING TRADE, IMPROVING LIVES Challenge #1 – Progress: Balancing Financial Returns with Development Impact Improving Lives Advancing Trade
Evaluating outcomes Challenge #2 – People, Planet & Progress: Short-term finance with long term impacts
Evaluation methodology Criteria: Relevance: the extent to which the design and objectives of the trade finance program were consistent with ITFC strategy and needs of the countries assisted Effectiveness: the extent to which the trade finance instruments achieved intended objectives Efficiency: the extent to which the delivery of the assistance represented value for money and was time effective Country Case Study Visits to Clients Portfolio Analysis Surveys and Questionnaires Desk Review 5 Outcome Mapping Key Informant Interviews Counterfactual Analysis
ITFC IMPROVING LIVES BALANCING FINANCIAL SUSTAINABILITY WITH DEVELOPMENT IMPACT Challenge #3 – People & Planet: Maximizing Private Sector Impact Improving Lives Advancing Trade
Trade finance:COUNTRY case example - TURKEY 270,000 US$ 3 billion 2.6% • ITFC trade finance contributed in sustaining approx. 270,000 jobs in Turkey. Total ITFC trade financing for Turkey: US$ over 3 billion • The share of ITFC in total trade finance in Turkey is 2.6 percent. 87 SMEs Agriculture, and Finance • Turk Exim Bank distributed lines of credit to 87 SMEs. Access to Markets Main sector/commodities: Agriculture and Finance Created business opportunities for clients by opening up new international markets (Africa, CIS and MENA regions).
INAUGURAL ANNUAL DEVELOPMENT EFFECTIVENESS REPORT • From this year forward, ITFC is committed to publishing the Development Effectiveness Report annually. • These reports will constitute our primary tool for monitoring development effectiveness, our contributions towards IDBG Strategic Objectives and towards the United Nations Sustainable Development Goals. • The 2016 Development Effectiveness Report illustrates clearly that the ITFC has made great progress towards achieving development impact. • For more information, download a digital copy of the report at http://www.itfc-idb.org/en.