GTFP ATRI IBB The proposed project is an uncommitted trade finance guarantee facility under IFCs Global Trade Finance Program (GTFP or the GTFP Facility) of up to US$5 million. The purpose of the proposed IFC trade line is to support Interbank Burundis (the Bank or IBB) trade program. GTFPs investment in the form of a trade line will confirm banks partial or full guarantees [and other trade instruments] covering payment risk on banks in emerging markets in the Republic of Burundi for their trade related transactions. Project Outcome: 
Stakeholder effects  Access to Trade Finance for Issuing Banks and Traders: GTFP provides trade finance support to Issuing Banks (IB) in Emerging and Developing Markets and their trade finance customers by providing IFCs guarantee through risk mitigation to their correspondent banks, and thereby making these trade flows happen. This unmet potential trade financing or the Trade Finance Gap is estimated to be US$1.7 trillion globally according to Asian Development Bank (ADB) and $81 billion in Sub-Saharan Africa (as of 2022) according to the African Development Bank (AfDB).
Quality and Capacity Improvements: GTFP delivers important trainings related to strengthening the capacity of IBs to handle AML/CFT/KYC compliance, and to improve the understanding of specific trade finance products and structures.
Economy-wide effects: Cumulatively, GTFP guarantees have the potential to meaningfully contribute to the economic growth of Emerging Market and Developing Economies (EMDEs). Numerous studies have shown that Trade, GDP and Trade Finance are positively correlated: trade drives GDP growth, and trade finance is essential for trade to happen.
Contribution to Market Creation
Integration: GTFP improves overall market integration by (1) maintaining and expanding trade finance, financial linkages and trade across multiple markets through strengthening these bilateral correspondent banking connections; (2) serving as an enabling platform to make new connections between local and international banks and their customers; (3) channeling new sources of capital to support EMDE trade flows through demonstration and replication of successful correspondent banking connections and the trade finance program itself as a successful investment instrument. GTFP is IFCs flagship of Trade Finance Solutions and an entrance-product offering for new banking relationships in challenging countries due to the relatively low risk associated with the Trade Finance asset class and its proven track record.
Resilience: In lower income/IDA, fragile and conflict-affected countries, and smaller players in middle income countries, GTFP builds, protects, and deepens trade finance networks by continually enabling individual trade transactions happen, which slowly builds resilience of trade networks, trade, and income to these economies. This support is especially critical in the maintenance of liquidity and essential goods when market is facing shocks, under stress, or otherwise in crisis. GTFP also ensures that the flow of essential goods and finance is maintained, preventing a potential crisis, further building resiliency in the markets development trajectory. GTFP also contributes to the elevation of trade finance standards through the implementation of various trainings building resilience in the financial institutions that operate within these markets. GTFP is also structured in a way to rapidly address gaps in know-how (e.g. AML/CFT) through its proven client network and training programs.