The World Bank Group, through the International Finance Corporation (IFC), and Banco Santander S.A. have launched a new risk-sharing facility designed to expand access to working capital, strengthen supply chains, and support job creation across emerging markets.
The initiative will help businesses, particularly small and medium-sized enterprises (SMEs), access financing by allowing suppliers to obtain funding based on the credit strength of their buyers rather than their own financial position. This approach aims to improve cash flow, reduce financial pressure, and help companies continue growing.
The facility will cover up to $500 million in supply chain finance assets originated by Banco Santander globally. Over the next three years, the partnership is expected to support around $1.5 billion in supply chain finance transactions, helping businesses maintain operations and create employment opportunities in developing economies.
The programme comes at a time when many emerging-market businesses face rising costs, supply chain disruptions, and limited access to liquidity. Smaller suppliers are often among the most affected, making reliable working capital solutions essential for economic resilience and continued trade.
Through this partnership, IFC and Santander aim to strengthen global supply chains by ensuring financing reaches businesses that need it most. The initiative is expected to support suppliers, protect jobs, and encourage sustainable economic growth in communities across emerging markets.
The facility is part of IFC’s Global Supply Chain Finance Program, which supports innovative financing solutions while helping improve market infrastructure, digital capabilities, and access to financial services.
The collaboration highlights the role of financial partnerships in expanding opportunities for businesses, strengthening trade networks, and promoting inclusive economic development in emerging economies.
