Wednesday, December 12, 2018

Bank Audi gets $75 million trade finance line from EBRD.

The European Bank for Reconstruction and Development (EBRD) said it has signed an agreement to provide a $75 million trade finance line to Bank Audi.

The deal, which is part of the EBRD's Trade Facilitation Programme, aims to support import and export activities, especially of small and medium-sized enterprises (SMEs) as well as intra-regional trade.

"The accord will allow Bank Audi to benefit from EBRD trade finance guarantees which cover the political and commercial payment risk ...

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