Multibank joins IFC Program to expand trade financing for panamanian businesses.
IFC, a member of the World Bank Group, announced that Multibank today became the first issuing bank in Panama to join IFC’s Global Trade Finance Program to improve access to finance for local importers and exporters and entry to new markets.
Multibank’s inclusion in the IFC program will allow it to expand its trade finance transactions within an extensive network of countries and banks. IFC’s Global Trade Finance Program promotes trade with emerging markets worldwide in a number of industries. IFC provides guarantees that help banks mitigate risks in emerging markets, allowing recipients to expand their trade finance transactions.
DHL inaugurated what it claims to be the industry's largest hub in Central America. With the new facility, DHL has increased its capacity to sort up to 5,000 packages per hour, representing a 250% jump from its previous shipping handling capacity.
"It is key for DHL to continuously invest in strengthening our global network. Simply put, transporting our customer's goods to any corner of the world in record time is what we stand for.
Xpand Group offers to its clients global support in exports. With its network, the company gives access to small and medium enterprises to new markets such as: North America, Central America & Europe
Operates in El Salvador, Costa Rica, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 2225-0435 - (506) 2524 2800