ATFP Loans

Your link to the Arab world.

If your business is involved in trading or industry, then the IBL Bank Arab Trade Financing Program (ATFP) loan facilitates trading between countries in the Levant, MENA region, GCC and KSA with assistance of up to USD 3,000,000. The ATFP is a specialized multi-Arab financial institution that promotes Arab trade (import and export) and increases the competitive capabilities of Arab producers and exporters. This loan is ideal for businesses in Lebanon and Iraq.

  • Eligible Goods:
    • Transactions of goods of Arab origin and associated services
    • Goods for which the Added Value within the Arab Countries is ≥ 40%
    • Imports of capital goods essential for production from non-Arab countries
  • Sectors Covered:
    • Industry
    • Trading
  • Currency of Facility: USD
  • Applicable Interest Rate (ATFP rate)
    • For 6 months financing: ATFP RATE +3% (Libor 6M + 4.125%p.a.) => Actual effective rate=5.545%;
    • For 6 to 12 months financing: ATFP RATE + 3% (Libor 6M + 4.25%p.a.) => Actual effective rate=5.67%;
    • For 24 months financing: ATFP RATE + 3% (Libor 6M + 4.375%p.a.) => Actual effective rate=5.795%;
    • For financing up to 60 months, pricing will be set on a case by case basis
  • Repayment Period of each commitment: Semi-annual payments within a maximum of 5 years (maximum of 10 semi-annual payments in total)
  • Collateral: Case by case