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Update: Saudi Development Fund supports Pakistan

12 November 2009

Saudi Arabia has arranged a soft loan to Pakistan for imports, power and development.

Read more: [Saudi Development Fund Pakistan] [Pakistan Central Bank SDF]

The Saudi Development Fund (SDF) has arranged a $380 million soft loan to the Pakistan Central Bank.

The loan consists of $200 million to be...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010