Four new members joined the International Forfaiting Association (IFA) in December. They are: Byblos Bank, Housing & Development Bank, Falcon Trade Corp and Jordan Kuwait Bank, while Gulf International Bank, Bahrain, and Alubaf International, Tunis, joined in January.

Daniel Vignial and Giovanni Rosa have been appointed by the IFA board as advisors to the board, with the specific task to draft an IFA corporate governance document.

Rosa has also been appointed as chairman of the Southern Europe regional committee.