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China Exim funds Sri Lankan airport

11 March 2010

Export-Import Bank of China has signed a loan agreement to construct Mattala Airport and the Colombo-Matara Railway in Sri Lanka.

Read more: [China Exim Sri Lanka] [China Exim Mattala Colombo-Matara]

Export-Import Bank of China (China Exim Bank) has signed a $290 million loan agreement with the Sri Lankan government for to construct Mattala Airport and Colombo-Matara Railway.

The concessional funding arrangement to construct...


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