 Through its Global Trade Finance Program , the IFC guarantees trade payment obligations of more than 200 approved banks in over 80 countries to mitigate risk for international transactions . The Global Trade Finance Program provides guarantees to cover payment risks for emerging market banks regarding promissory notes , bills of exchange , letters of credit , bid and performance bonds , supplier credit for capital goods imports , and advance payments . The IFC issued $ 3 @.@ 46 billion in more than 2 @,@ 800 guarantees in 2010 , of which over 51 % targeted IDA member nations . In its fiscal year 2011 , the IFC issued $ 4 @.@ 6 billion in more than 3 @,@ 100 guarantees . In 2009 , the IFC launched a separate program for crisis response , known as its Global Trade Liquidity Program , which provides liquidity for international trade among developing countries . Since its establishment in 2009 , the Global Trade Liquidity Program assisted with over $ 15 billion in trade in 2011 . 
