ATFP brochure - Arab Trade Financing Program
Transcription
ATFP brochure - Arab Trade Financing Program
ARAB TRADE FINANCING PROGRAM ARAB TRADE FINANCING PROGRAM SYNOPSIS The Arab Trade Financing Program (ATFP) is a specialized regional Arab financial institution with a mission to contribute to the development of Arab trade, and to the increase of the competitive capabilities of the Arab producers and exporters. ESTABLISHMENT ATFP was established in 1989, the authorized capital amounts to US$ 1 billion. The program’s 53 Shareholders include Arab Monetary Fund, multilateral Arab financing institutions, public and private financial and banking institutions in member countries, as well as joint Arab-foreign financial and banking institutions. DOMICILE ATFP is domiciled in Abu Dhabi - United Arab Emirates, where it has been granted privileges and immunities pursuant to a special protocol. OBJECTIVES & MEANS ATFP aims at contributing to the promotion of trade exchanges of commodities of Arab origin through the provision of a financial facility. Concurrently, ATFP extends services tailored to meet the requirements of the Arab exporters and to increase their competitiveness in existing and potential markets. Through its National Agencies located in the Arab region, the Program provides refinancing facilities at convenient costs and suitable tenors for eligible trade transactions. Additionally, ATFP provides a wide range of information on Arab trade to all parties engaged in this activity through the Intra Arab Trade Information Network (IATIN). ATFP also attempts to promote Arab trade through the execution of an ongoing program of Buyers & Sellers Meetings in key economic sectors that demonstrate a potential for growth in trade for Arab countries. TRADE FINANCE Eligible Trade Transactions ATFP provides financing facilities for eligible trade transactions of goods of Arab origin and associated services. Goods shall be considered eligible for ATFP financing if produced or manufactured in an Arab country from primary resources and other domestic components of production originating in that country, or in any other Arab country, or where the value added in an Arab country is at least 40% of the value of the goods. ATFP can also finance imports of capital goods essential for production from non-Arab countries. National Agencies ATFP provides its financing services through its network of National Agencies which are primarily banking and financial institutions spread throughout the Arab region and appointed by arrangement with the indigenous monetary authorities. Financing Method Through lines of credit extended by the Program to its National Agencies, ATFP refinances Arab exports to Arab or non-Arab countries. Refinancing of credits for imports is presently extended to imports from Arab countries, and imports of capital goods essential for production from nonArab countries. The program has also introduced Islamic financing through Murabaha and Mudaraba facilities, and provides guarantees for eligible trade transactions. ATFP will also consider participating in forfaiting transactions meeting its eligibility criteria. Types of Credit ATFP refinances various types of credits extended by the National Agency to the exporter or importer in an eligible transaction, and this may include pre-export credits, post-shipment credits, buyers’ credits and import credits. Pricing & Tenors While ATFP provides its refinancing facilities at competitive pricing, the tenors of the refinancing are convenient and are guided by the type of commodity involved. The maximum tenor for transactions involving consumer goods is 12 months, while for raw materials it is 18 months, 24 months for intermediary goods and 60 months for capital goods. TRADE FINANCE (continued) Applying for ATFP Credit The exporters or importers eligible for ATFP refinancing may utilize the facilities of ATFP by contacting any of the National Agencies of the Program which would in turn apply to ATFP for the refinancing of the credit allocated to the customer. TRADE INFORMATION Intra Arab Trade Information Network (IATIN) Cognizant of the fact that the availability of reliable and updated information could be a decisive factor in the successful completion of trade deals, ATFP has, through a joint project with the UNDP, and in technical cooperation with the International Trade Center (ITC) in Geneva, set up the Intra Arab Trade Information Network (IATIN) with the goal of providing relevant information on Arab trade to all parties concerned. IATIN has its central core at ATFP’s headquarters in Abu Dhabi. The core is connected to reliable global data banks, in addition to regional focal points including Chambers of Commerce and Industry and Export Promotion Centers in Arab countries. The focal points feed the necessary updated information on Arab trade and market in the relevant country to IATIN’s central core which processes the information and disseminates it to interested parties on an online basis. Information Services A wide array of services are made available by IATIN with the goal of providing comprehensive information on Arab trade. This includes key contacts of manufacturers, exporters, importers and goods traded. Market profiles on the individual Arab countries are available, and comprise of entry regulations, free trade areas, foreign exchange systems, storage, shipping and transportation facilities as well as other logistical information. Foreign and Inter-Arab trade statistics for the various Arab countries are also available through the network. Additionally, the Arab trader can make use of an online business opportunities database to post or retrieve Arab business opportunities (trade leads) in order to initiate trade among interested parties. IATIN’s Web Site The services of IATIN are made available through ATFP’s Internet Site at www.atfp.org.ae. Furthermore, IATIN also handles queries received from interested parties through the various communication channels. TRADE PROMOTION Studies on trade flow analysis related to the Arab region have identified a number of key sectors with a potential for growth in trade between Arab countries. The sectors include food industries, agricultural products, metal industries, chemical & petrochemical industries, pharmaceutical industries, plastic industries and building & construction materials. ATFP focuses its efforts in the field of trade promotion on such sectors. ATFP organizes buyers & sellers meetings between parties involved in Arab trade based on a specific methodology in selecting the targeted sector and the location of the meeting. In collaboration with the Chambers of Commerce & Industry, the Export Promotion Centers, and the related business associations in Arab countries, the relevant participating parties in the planned meetings are identified and invited to the event. The selection of the participating companies is followed by a match-making process whereby a schedule of bilateral meetings is prepared for each participant for the duration of the event. Chambers of Commerce & Industry, Export Promotion Centers, ATFP’s National Agencies, transportation & insurance firms, as well as relevant regional and international organizations are also represented in the meeting. The aim is to provide an environment conducive to promoting trade exchanges and ATFP, would also consider any resulting trade transaction that is eligible for financing. CONTACT ADDRESS For further information, please contact ATFP Headquarters in Abu Dhabi - UAE or any of ATFP’s National Agencies in your country. P. O. BOX : 26799 - ABU DHABI, UNITED ARAB EMIRATES TEL. : +971 2 6316999 FAX : +971 2 6316299 / 6316793 E-MAIL : [email protected] WEBSITE : www.atfp.org.ae NATIONAL AGENCIES COUNTRY NATIONAL AGENCY JORDAN Jordan Dubai Islamic Bank Arab Bank P.L.C. Arab Banking Corporation (Jordan) Central Bank of Jordan The Housing Bank for Trade & Finance Bank of Jordan Capital Bank of Jordan Investbank Jordan Ahli Bank Jordan Kuwait Bank Egyptian Arab Land Bank Jordan Commercial Bank Cairo Amman Bank Ministry of Finance Jordan Islamic Bank Emirates NBD Bank UNITED ARAB EMIRATES First Gulf Bank El-Nilein Bank – Abu Dhabi Banque Misr (Gulf Branches Regional Office) Mashreq Bank Union National Bank Arab Bank – Abu Dhabi Abu Dhabi Commercial Bank Citibank – Dubai Al Ahli Bank of Kuwait KSC - Dubai National Bank of Abu Dhabi Abu Dhabi Islamic Bank National Bank of Fujairah P.S.C. Bank of Baroda Bank of Sharjah Commercial Bank of Dubai June/2016 COUNTRY NATIONAL AGENCY Noor Islamic Bank Standard Chartered Bank National Bank of Kuwait S.A.K. - Dubai Branch BAHRAIN National Bank of Bahrain BSC Bahrain Development Bank B.S.C. Arab Banking Corporation (B.S.C.) The Arab Investment Company (S.A.A.) (Wholesale Bank) Bank of Bahrain And Kuwait (B.S.C.) Al-Ahli United Bank (B.S.C.) Gulf International Bank (B.S.C.) United Gulf Bank B.S.C. Al Baraka Banking Group Bahrain Islamic Bank ICICI Bank Limited (Bahrain Branch) Al-Baraka Islamic Bank Al Salam Bank Bahrain B.S.C. TUNISIA Banque Centrale de Tunisie Societe Tunisienne de Banque Banque Internationale Arabe de Tunisie Banque Nationale Agricole Arab Tunisian Bank Amen Bank Attijari Bank Arab Banking Corporation (Tunisie) Al Baraka Bank - Tunisia Banque de l’Agriculture et du Developpment Rural ALGERIA Banque Nationale d’Algerie June/2016 COUNTRY NATIONAL AGENCY Banque Exterieure d’Algerie Credit Populaire d’Algerie Banque de Developpment Local Arab Banking Corporation (Algeria) The Saudi Investment Bank SAUDI ARABIA Riyad Bank The National Commercial Bank Arab Petroleum Investment Corporation (APICORP) Bank Al-Jazira International Islamic Trade Finance Corporation (ITFC) SUDAN El Nilein Bank Omdurman National Bank Animal Resources Bank Sudanese French Bank Saving & Social Development Bank Financial Investment Bank Workers National Bank Islamic Co-operative Development Bank Al Baraka Bank Sudan Byblos Bank Africa Arab Authority for Agriculture Investment and Development United Capital Bank National Agency for Insurance & Finance of Exports Al Salam Bank – Sudan Al Jazeera Sudanese Jordanian Bank Bank of Khartoum The Central Bank of Sudan Al Shamal Islamic Bank Saudi Sudanese Bank Arab Sudanese Bank June/2016 COUNTRY NATIONAL AGENCY Export Development Bank (Sudan) Ministry of Finance & Economic Planning Arab Bank for Economic Development in Africa (BADEA) SYRIA Commercial Bank of Syria The International Bank for Trade and Finance Byblos Bank Syria S.A. Arab Bank Syria S.A. Audi Bank – Syria S.A. IRAQ Rafidain Bank Rasheed Bank Trade Bank of Iraq Commercial Bank of Iraq Kurdistan International Bank for Investment and Development National Bank of Iraq OMAN National Bank of Oman (S.A.O.G.) Oman Development Bank (S.A.O.G.) Bank Muscat (S.A.O.G.) Bank Dhofar (S.A.O.G.) Oman International Bank (S.A.O.G.) Oman Arab Bank (S.A.O.G.) Bank Sohar (S.A.O.G.) Ahli Bank (S.A.O.G.) QATAR Al Ahli Bank Q.S.C. The Commercial Bank of Qatar Q.S.C. Doha Bank Q.S.C. June/2016 COUNTRY NATIONAL AGENCY Qatar Development Bank Q.S.C. Qatar National Bank Q.S.C. Qatar Islamic Bank Qatar International Islamic Bank Masraf Al Rayan Barwa Bank KUWAIT The Gulf Bank National Bank of Kuwait Commercial Bank of Kuwait Al-Ahli United Bank - Kuwait Burgan Bank Al Ahli Bank of Kuwait Boubyan Bank Kuwait International Bank The Arab Investment and Export Credit Guarantee Corporation (Dhaman) LEBANON Credit Libanais S.A.L. BLOM Bank S.A.L. Byblos Bank S.A.L. Fransabank S.A.L. Bank of Beirut S.A.L. Banque Libano-Francaise S.A.L. Banque Audi S.A.L. Audi Saradar Group Lebanon & Gulf Bank S.A.L. First National Bank S.A.L. Jamal Trust Bank S.A.L. Syrian Lebanese Commercial Bank S.A.L. Banque du Liban June/2016 COUNTRY NATIONAL AGENCY Ministry of Finance IBL Bank S.A.L. Bank Bemo S.A.L. Societe Generale de Banque au Liban Bank of Beirut & the Arab Countries S.A.L. BLC Bank S.A.L. Credit Bank S.A.L. Bank Med S.A.L. Arab Finance House S.A.L. Lebanese Islamic Bank S.A.L. Emirates Lebanon Bank S.A.L. Middle East & Africa Bank S.A.L. Citibank, N.A. Lebanon Banque de Credit National S.A.L. Al-Baraka Bank S.A.L. LIBYA Libyan Foreign Bank Bank of Commerce & Development The Agricultural Bank Gumhouria Bank EGYPT Export Development Bank of Egypt Banque Misr National Bank of Egypt Bank of Alexandria Misr Iran Development Bank Commercial International Bank (Egypt) Arab Banking Corporation – Egypt Qatar National Bank Al Ahli - Egypt (Formerly National Societe Generale Bank) Arab Investment Bank June/2016 COUNTRY NATIONAL AGENCY Ahli United Bank (Egypt) Abu Dhabi Islamic Bank - Egypt (Formerly National Bank for Development) Suez Canal Bank Banque du Caire Societe Arabe International de Banque Arab African International Bank National Bank of Kuwait - Egypt (Formerly Al Watany Bank of Egypt) Central Bank of Egypt Al Baraka Bank - Egypt (Formerly Egyptian Saudi Finance Bank) Banque Audi S.A.E. Union National Bank Egypt Arab International Bank BLOM Bank Egypt S.A.E. MOROCCO Banque Marocaine du Commerce Exterieur Banque Centrale Populaire Attijariwafa Bank Ministry of Economy and Finance Societe Generale Marocaine de Banques MAURITANIA Banque Mauritanienne pour le Commerce International Bank Nationale de Mauritanie Generale de Banque de Mauritanie (Investment & Commerce) Banque pour le Commerce et I’Industrie Banque Al-Wava Mauritanienne Isalamique Banque Al Amana pour le Developpement et le Logement Banque Centrale de Mauritanie June/2016 COUNTRY NATIONAL AGENCY YEMEN The Yemen Bank for Reconstruction And Development Yemen Commercial Bank International Bank of Yemen Arab Bank P.L.C. National Bank of Yemen The Yemen Kuwait Bank for Trade & Investment Tadhamon International Islamic Bank Cooperative & Agricultural Credit Bank PALESTINE Palestine Investment Bank Al-Quds Bank for Investment & Development The Arab Bank P.L.C. Palestinian Banking Corporation FRANCE Union de Banques Arabes et Francaises – U.B.A.F. MALTA First International Merchant Bank P.L.C. British Arab Commercial Bank UNITED KINGDOM Jordan International Bank P.L.C. National Bank of Egypt (UK) Limited BRAZIL Banco ABC Brasil S.A. BELGIUM Byblos Bank Europe S.A. June/2016