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Portofolio Guarantee | ETC renews the BGFIBank Europe coverage line

Portofolio Guarantee | ETC renews the BGFIBank Europe coverage line

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It was on September 28 that Boris Bilé COFFI, Managing Director of BGFIBank Europe, signed the official document validating the renewal of the risk division portfolio guarantee offered by the ETC Export Trading Cooperation Group.

Benin | ETC, provides its Concentration Risk Bond to NSIA Bank to finance the investments of Benin Textile Corporation (BTC)

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In order to be covered on their exposures in terms of investment risk division, NSIA Banque Benin and NSIA Banque Côte d’Ivoire benefited from the ETC risk mitigation instrument: the Concentration Risk Bond up to 34 million euros. […]
Benin | ETC, provides its Concentration Risk Bond to NSIA Bank to finance the investments of Benin Textile Corporation (BTC)
Guinée équatoriale | ETC apporte sa garantie à la BDEAC pour financer la minoterie d'Harineras BiokoEquatorial Guinea | ETC provides its guarantee to BDEAC to finance the Harineras Bioko flour mill

Equatorial Guinea | ETC provides its guarantee to BDEAC to finance the Harineras Bioko flour mill

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ETC was able to cover an additional loan of EUR 3.8 million by issuing an additional PFB of EUR 1.9 million in favor of BDEAC on behalf of the company Harineras Bioko.
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