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India Exim signs loan to VEB

07 January 2010

The Export Import Bank of India has signed a line of credit to Russia’s VEB.

Read more: [VEB India Exim]

India’s export credit agency, India Exim, has signed a $100 million...


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