TIBC
provides commercial loans and extends trade-related finance to customers.
Risk assets are primarily short term in nature, and relate to working
capital borrowing or trade activities. Trade finance for corporate
customers includes the issuing of import letters of credit and discounting
of trade acceptances drawn under L/Cs or under documentary collections.
TIBC trades in commodities and precious metals.
Portfolio
investment activities include investments made for the propriety
account of TIBC, investments made on behalf of the shareholders
and investments managed for clients. TIBC invests directly in
investment grade fixed income securities and to a lesser extent,
in investment grade equities. Investments will include hedge funds
and structured products with low volatility. Additionally, TIBC
is developing wholesale Islamic products, including “sukuks”
(asset backed investment structures), and certain other structures
for Islamic financial institutions.
