Bank of Beirut was recognized, for the sixth consecutive year, as the Best Issuing Bank Partner in the Middle East and North Africa in 2013 by member of the World Bank Group, IFC. Bank of Beirut was among the 25 financial institutions acknowledged as IFC’s best partners in trade and supply chain finance for 2013.

The awards were announced at the end of the 6th Global Trade Partners Meeting that involved 350 representatives from 56 countries. The meeting revolved around topics related to building cross-border banking networks, developing innovative solutions for agribusiness and commodity finance, and enhancing global value chains by financing SMEs.

IFC stresses the financing needs of underserved customers in emerging markets through trade finance, supply chain finance, structured finance, commodity finance and advisory services.