The International Forfaiting Association (IFA) has welcomed the following new members: China Construction Bank from Beijing; Bank for Foreign Trade (JSC Vneshtorgbank) from Moscow; and MashreqBank from Dubai.
Staying with Beijing, the IFA has decided to set up a regional committee there. This will cover the northern Asian region and will be followed by a three-day education course. Provisionally, the IFA intends to hold these events sometime during the week commencing June 6.


The IFA has also decided to hold an education course in Tunis. Although a time has not been set, it should take place between May and June.


The association has requested that it would like to know from members whether they think the IFA should take an initiative to assist those members whose claims have been rejected in the administration of the Parmalat bankruptcy. If the IFA’s members are agreeable in principle to the IFA carrying out this initiative then the IFA will consider what form this could most usefully take. Please let the IFA know your view.


For all information and contact details, visit the IFA website at