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Citi and JBIC arrange Kazakh trade loan

08 January 2010

Japanese export credit agency JBIC and Citi have signed a trade loan for the Development Bank of Kazakhstan.

Read more: [Development Bank of Kazakhstan] [JBIC and Citi kazkakh trade deal ]

Banks have signed a $38 million trade financing for the Development Bank of...


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