News
01 July 2020

CDC agrees trade finance risk share for Societe Generale

Region:
Middle East & Africa

CDC Group has closed a $100 million trade finance risk sharing facility with Societe Generale (SG) to increase the limits SG currently provides to local banks and extend limits to new banks in Africa, particularly focusing on Francophone West Africa. The facility is the first such partnership between CDC and Societe Generale.

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