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EKN covers buyer credit for Indonesia’s Telkomsel

26 January 2010

Swedish export credit agency EKN is backing a buyer credit financing for PT Telekomunikasi Selular Indonesia (Telkomsel).

Read more: [Swedish export credit agency EKN Ericsson gurantees Indonesian borrower] [EKN buyer credit Telkomsel ]

Banks have signed a $317 million credit buyer financing for PT Telekomunikasi Selular Indonesia...


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