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BNP Dresdner Bank

Sector: Rail • Location: Bulgaria

Source: Multilateral Investment Guarentee Agency (MIGA)

Project
Not Active

MIGA issued a $14 million guarantee to Banque Nationale de Paris for its shareholder loan to BNP-Dresdner Bank to expand its banking operations in Bulgaria. The guarantee covers the investment against the risks of transfer restriction and expropriation. BNP-Dresdner Bulgaria offers a full range of corporate and international banking services, such as short-term credit facilities, commodity trade

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Project Information

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The project “BNP Dresdner Bank” is an infrastructure initiative in the Rail sector, located in Bulgaria. Taiyo aggregates data on it from Multilateral Investment Guarentee Agency (MIGA).

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Participants

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not active

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Description

Description

MIGA issued a $14 million guarantee to Banque Nationale de Paris for its shareholder loan to BNP-Dresdner Bank to expand its banking operations in Bulgaria. The guarantee covers the investment against the risks of transfer restriction and expropriation. BNP-Dresdner Bulgaria offers a full range of corporate and international banking services, such as short-term credit facilities, commodity trade financing, treasury and consulting services, including strategic advice on national and international investments and the provision to foreign companies of local business information. The project will increase the availability of longer term funds for Bulgarian companies at competitive prices. In addition, the bank is expected to employ about 140 Bulgarian nationals by the end of 1999 and provide banking and financial training.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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