OFID signs credit line for PTA Bank

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04 March 2010

OFID and the Eastern and Southern African Trade and Development Bank have signed a one-year renewable line of credit to boost trade in sub-Saharan Africa.

OFID and the Eastern and Southern African Trade and Development Bank (PTA Bank), have signed a $20 million one-year renewable line of credit to allow PTA Bank to boost trade in sub-Saharan Africa.

OFID, the OPEC Fund for International...

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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?

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