Thursday, 5 April 2018

AfDB approves $50m Risk Participation Agreement for Commerzbank AG

AfDB approves $50m Risk Participation Agreement for Commerzbank AG

*To tackle Africa’s trade finance market demand 05 April 2018, Sweetcrude, Abidjan, Côte d’Ivoire – On Tuesday, March 27, 2018, the Board of Directors of the African Development Bank approved a US $50-million unfunded Risk Participation Agreement for Commerzbank AG (Commerzbank). The Risk Participation will leverage Commerzbank support to African issuing banks seeking to expand …

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