The move, announced on Wednesday, follows a similar announcement of $2 billion the company is making available in the US as it seeks to win business for which government funds may not immediately be forthcoming.
IBM Global Financing had $36 billion tied up in projects as of end-2008, in the form of measures like project and commercial financing and asset leasing in the public and private sectors.
The financing is also available for non-IBM products and services, where they are part of projects in which IBM technology is involved, the company further said. The $3 billion is split between $2 billion for Europe and $1 billion for Asia-Pacific. The $2 billion previously announced for the United States will also be extended to Canada.
(Published 27 May 2009, 19:31 IST)
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