Multibank has become the third bank to join the Panamanian Facilitation of Foreign Trade Financing Program (TFFP).
Through TFFP, the IDB offers guarantees to cover letters of credit, promissory notes, bid bonds, performance bonds, advance payment bonds and other instruments used in International Trade transactions.
In joining the TFFP, Multibank further expands its role in supporting businesses in the area outside Panama and in other countries in Latin America and the Caribbean.