MIGA, Deutsche Bank Partner to Increase Trade Finance in Frontier and Emerging Markets with EUR 1 Billion Guarantee Platform
Washington, July 14, 2026—The Multilateral Investment Guarantee Agency (MIGA), home of the World Bank Group Guarantee Platform, has partnered with Deutsche Bank AG to create a EUR 1 billion platform to increase access to trade finance in frontier and emerging markets.
The platform represents a significant milestone for MIGA as its first standalone, programmatic trade finance portfolio guarantee platform with a global commercial bank. MIGA will provide Deutsche Bank with MIGA guarantees under this framework to protect against the risk of non-payment in trade transactions by eligible state-owned banks, which often play a critical role in the import of essential goods or support of underserved client segments in frontier and emerging markets.
The platform is not only seeking to expand access to trade finance but also has targets to direct a meaningful share of the trade finance volume enabled by MIGA's participation toward priority areas, including International Development Association (IDA) countries and Fragile and Conflict-affected Situations (FCS), small and medium enterprises (SMEs), agriculture, health, and water.
This is a significant step in scaling World Bank Group support for trade finance through private-sector financial institution partnerships. By combining MIGA's risk mitigation capacity with Deutsche Bank's extensive trade finance network and market presence, the platform is expected to help sustain and expand trade finance availability in markets where risk appetite is tightening and financing gaps are growing, which is particularly relevant in the current global context. By unlocking trade finance in these markets, the platform supports the World Bank Group's broader commitment to creating jobs and economic opportunity for people in the world's most underserved economies.
“Trade finance is the ‘working capital of nations’ and essential to achieving the job creation and economic inclusion needed to improve lives and livelihoods in our member countries,” said Junaid Kamal Ahmad, MIGA Vice President of Operations. “Our partnership with Deutsche Bank will help us leverage its extensive geographic reach and experience in trade finance structuring and execution, which aligns with MIGA’s goal to mobilize private capital as a multiplier for development finance.”
“This program with MIGA reflects our focus on expanding partnerships across the World Bank Group and other multilateral development banks and development finance institutions, enabling us to further scale our support for global trade and economic development,” said Gerald Podobnik, Global Co-Head of Deutsche Bank’s Corporate Bank. “Targeted risk-sharing structures can help expand trade finance capacity in markets where it is most needed. Applying this portfolio framework positions us to support more client activity, manage risk more efficiently and facilitate trade flows globally.”
Deutsche Bank has an established and active relationship with the World Bank Group. The bank has been a periodic participant in syndications deals with the International Finance Corporation (IFC) since 1959, and is involved in other active World Bank Group initiatives, including IFC’s Global Trade Finance Program, Global Trade Liquidity Program, and inaugural Trade Finance Synthetic Securitization.
MIGA’s trade finance guarantees provide protection against losses resulting from the failure of a sovereign, state-owned bank or public authority to pay an unconditional financial obligation related to a trade finance transaction.
For further information please contact:
Deutsche Bank AG
Media Relations
Jo Court Investment Bank Communications Tel: +44 (20) 7545 5459 / 07879 272651 Email: joanne.court@db.com
Home
Washington, July 14, 2026—The Multilateral Investment Guarantee Agency (MIGA), home of the World Bank Group Guarantee Platform, has partnered with Deutsche Bank AG to create a EUR 1 billion platform to increase access to trade finance in frontier and emerging markets.
The platform represents a significant milestone for MIGA as its first standalone, programmatic trade finance portfolio guarantee platform with a global commercial bank. MIGA will provide Deutsche Bank with MIGA guarantees under this framework to protect against the risk of non-payment in trade transactions by eligible state-owned banks, which often play a critical role in the import of essential goods or support of underserved client segments in frontier and emerging markets.
The platform is not only seeking to expand access to trade finance but also has targets to direct a meaningful share of the trade finance volume enabled by MIGA's participation toward priority areas, including International Development Association (IDA) countries and Fragile and Conflict-affected Situations (FCS), small and medium enterprises (SMEs), agriculture, health, and water.
This is a significant step in scaling World Bank Group support for trade finance through private-sector financial institution partnerships. By combining MIGA's risk mitigation capacity with Deutsche Bank's extensive trade finance network and market presence, the platform is expected to help sustain and expand trade finance availability in markets where risk appetite is tightening and financing gaps are growing, which is particularly relevant in the current global context. By unlocking trade finance in these markets, the platform supports the World Bank Group's broader commitment to creating jobs and economic opportunity for people in the world's most underserved economies.
“Trade finance is the ‘working capital of nations’ and essential to achieving the job creation and economic inclusion needed to improve lives and livelihoods in our member countries,” said Junaid Kamal Ahmad, MIGA Vice President of Operations. “Our partnership with Deutsche Bank will help us leverage its extensive geographic reach and experience in trade finance structuring and execution, which aligns with MIGA’s goal to mobilize private capital as a multiplier for development finance.”
“This program with MIGA reflects our focus on expanding partnerships across the World Bank Group and other multilateral development banks and development finance institutions, enabling us to further scale our support for global trade and economic development,” said Gerald Podobnik, Global Co-Head of Deutsche Bank’s Corporate Bank. “Targeted risk-sharing structures can help expand trade finance capacity in markets where it is most needed. Applying this portfolio framework positions us to support more client activity, manage risk more efficiently and facilitate trade flows globally.”
Deutsche Bank has an established and active relationship with the World Bank Group. The bank has been a periodic participant in syndications deals with the International Finance Corporation (IFC) since 1959, and is involved in other active World Bank Group initiatives, including IFC’s Global Trade Finance Program, Global Trade Liquidity Program, and inaugural Trade Finance Synthetic Securitization.
MIGA’s trade finance guarantees provide protection against losses resulting from the failure of a sovereign, state-owned bank or public authority to pay an unconditional financial obligation related to a trade finance transaction.
For further information please contact:
Deutsche Bank AG
Media Relations
Jo Court
Investment Bank Communications
Tel: +44 (20) 7545 5459 / 07879 272651
Email: joanne.court@db.com
Investor Relations
Phone: +49 800 910-8000
Email: db.ir@db.com
How helpful was this article?
Click on the stars to send a rating