Global Trade Alert
Global Trade Alert

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

Announcement

01 Apr 2015

In April 2015, the African Development Bank announced the provision of a USD 100 million trade finance facility to FirstRand Bank S.A.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Apr 2015

Revocation date:

No revocation date

Updated: 01 Apr 2015
Trade finance In force
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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