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Global ECA platform launched
25 June 2009
The IFC, KfW IPEX-Bank, Nedbank Capital, Northstar Trade Finance Inc and UniCredit have launched a joint ECA platform, called GEFL, aimed to boost global export finance by offering risk capacity to local banks.
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IFC
KfW IPEX-Bank
Nedbank Capital
Northstar Trade Finance Inc
UniCredit
GEFL
The IFC, KfW IPEX-Bank, Nedbank Capital, Northstar Trade Finance Inc and UniCredit have launched a joint ECA platform, called GEFL, aimed to boost global export finance by offering risk capacity to local banks.
The project, named Global Export Finance Limited (GEFL), will be a specialised platform that will serve as a co-operation vehicle for medium to long-term export finance transactions backed by Export Credit Agencies (ECAs).
GEFL...
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