Untied export credit agency finance volumes have soared in recent years, doubling in size since before the pandemic and showing no signs of abating. What’s driving this rapid growth, which agencies are leading the charge, and are there potential downsides? Felix Thompson reports. For well over a decade, Asian export credit agencies (ECAs) dominated…| Global Trade Review (GTR)
Saudi Arabia’s Neom development has secured a US$3bn untied facility from Italy’s export credit agency Sace and a syndicate of nine international banks. The Neom mega-project promises to transform a desert region in the northwest of Saudi Arabia into a special economic zone and futuristic cluster of cities powered entirely by renewable energy. Neom’s development ...| Global Trade Review (GTR)