Friday, February 28, 2025
Por inAfrika Reporter,
JEDDAH, Saudi Arabia – The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB), has reaffirmed its dominance in the Islamic syndications market by securing top rankings in the 2024 Bloomberg and Refinitiv League tables. This recognition marks the fourth consecutive year of ITFC’s leadership in the sector, underscoring its commitment to delivering high-impact trade finance solutions.
Refinitiv ranked ITFC as the global #1 Bookrunner and Mandated Lead Arranger (MLA) in its Islamic Syndications League table for 2024, while Bloomberg also placed ITFC among the top performers in the same category. These accolades highlight the organization’s ability to consistently generate value-driven results and maintain a strong standing among leading international and regional financial institutions.
The continued recognition from Refinitiv and Bloomberg further cements ITFC’s pivotal role in facilitating trade among OIC member countries. Beyond financial performance, ITFC’s strategic approach attracts investments from a broad network of global investors and financial institutions, reinforcing its status as a preeminent provider of trade finance solutions.
ITFC’s impact extends beyond rankings, as its financing initiatives contribute directly to economic growth and improved livelihoods in OIC member states. By addressing the unique financial needs of these economies, ITFC’s business model ensures that trade finance remains a catalyst for sustainable development and economic empowerment.
Refinitiv and Bloomberg League tables serve as key industry benchmarks, ranking banks and financial institutions based on their performance in syndicated loans, bonds, and mergers and acquisitions (M&A) transactions. Published quarterly and annually, these rankings provide a comprehensive assessment of financial market leaders, further validating ITFC’s consistent excellence in the sector.
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