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Democratic Republic of the Congo: African Development Bank grants $7 million trade finance guarantee facility to Access Bank DR Congo to support SMEs and local businesses The African Development Bank will now be able to provide up to a 100% guarantee to confirming banks for the non-payment risk from the confirmation of letters of credit -February 22, 2024 at 11:22 am EST : comparemela.com
Democratic Republic of the Congo: African Development Bank grants $7 million trade finance guarantee facility to Access Bank DR Congo to support SMEs and local businesses The African Development Bank will now be able to provide up to a 100% guarantee to confirming banks for the non-payment risk from the confirmation of letters of credit -February 22, 2024 at 11:22 am EST
On 20 February 2024, the Board of Directors of the African Development Bank Group approved a $7 million trade finance guarantee facility grant to Access Bank DR Congo.
The African Development...
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