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Global Trade Alert

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South Africa: AfDB announces a USD 100 million trade finance facility through FirstRand Bank S.A.

Description

On 1 April 2015, the African Development Bank (AfDB) announced the provision of a USD 100 million Risk Participation Facility (RPF) to FirstRand Bank (FRB) S.A. The agreement stipulates that the AfDB...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Apr 2015

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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