;

AfDB and Commerzbank sign risk participation pact

The African Development Bank (AfDB) and Germany’s Commerzbank have signed a $100 million risk participation agreement (RPA) in a move to boost the provision of trade finance in Africa. Under the agreement, the two banks will share the default risk on a portfolio of eligible trade transactions originated by African issuing banks in Africa and confirmed by Commerzbank. The facility will help

Hello stranger, fancy seeing you here…

Unfortunately you’ve stumbled across our paid-for content but that’s not a problem, join the TXF Essentials community today for unrestricted access to:
  • Daily news and analysis from our TXF experts
  • Access to TXF data dashboards and Smart Search
  • Market reports and bi-annual long reads
  • And much much more…
}

Sign in to post a comment. If you don't have an account register here.

You Might also like

X

The global export, agency & project finance games return for 2020! Join us for the only virtual gathering on its kind on 2-5 June and the physical event in September. Take your network further!

TXF Global 2020: Export, Agency & Project Finance