MULTINATIONAL - Standard Chartered
Sector: Raw Materials • Location: Multinational
Source: African Development Bank (AfDB)
The project is a USD 50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African Development Bank (AfDB) and Standard Chartered Bank (SCB). The parties will share the default risk on a portfolio of eligible trade transactions originated by African Issuing Banks (IBs) and indemnified by SCB. AfDB will provide up to 50% guarantee to support trade finance (TF) tr
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Obfuscated Data |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project is a USD 50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African Development Bank (AfDB) and Standard Chartered Bank (SCB). The parties will share the default risk on a portfolio of eligible trade transactions originated by African Issuing Banks (IBs) and indemnified by SCB. AfDB will provide up to 50% guarantee to support trade finance (TF) transactions originated by issuing banks in regional member countries (RMC) and up to 75% for transactions originated by IBs in LICs and transition states such as, Uganda, Tanzania, Ethiopia and Togo. The facility will support TF transactions in agriculture, manufacturing and energy. Underlying transactions will have a maximum tenor of 2 years. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
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