News
23 March 2020

AfDB renews RPA for trade finance with SMBC Europe

Region:
Middle East & Africa, Europe

The African Development Bank has approved a $200 million Trade Finance Risk participation agreement with Sumitomo Mitsui Banking Corporation Europe.The RPA, replacing an earlier one that expired in late 2019, will incorporate $100 million each of unfunded and funded risk participation to strengten...

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