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JBIC inks CAF trade finance loan

01 February 2010

Under the government of Japan’s Trade Finance Initiative, JBIC has signed its first loan to CAF to directly support trade finance.

Read more: [JBIC trade finance CAF] [CAF JBIC] [Latin America trade Japan] [Trade FInance Initiative]

The Japan Bank for International Cooperation (JBIC) has signed a loan agreement totalling up to $100 million to support trade finance with Corporación Andina de Fomento (CAF).

JBIC...


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