KARACHI: Meezan Bank has recently been recognised by the International Finance Corporation (IFC), a member of the World Bank Group, with the ‘Outstanding GTFP Issuing Bank in Sustainable Trade’ award at the 9th Global Trade Partner Meeting (GTPM) held in Lisbon, Portugal, according to a statement on Monday.
The award was received by Meezan Bank’s financial institutions team at the conference, acknowledging the bank’s strong commitment to advancing sustainable trade finance and promoting ethical financial practices.
The award is conferred under IFC’s Global Trade Finance Programme (GTFP), a major global initiative that supports cross-border trade in emerging markets. As IFC’s flagship trade finance program, GTFP enables banks in developing countries to facilitate international trade by providing guarantees and connecting them with global banking networks.
