The European Bank for Reconstruction and Development (EBRD) has established a €110mn guarantee facility aimed at boosting war risk insurance for cargo and transport companies in Ukraine. As part of the facility, launched alongside broker Aon today, the EBRD will seek to encourage international reinsurers to return to the Ukrainian market by covering their losses ...| Global Trade Review (GTR)
A group of development banks have pledged to expand the availability of supply chain finance (SCF) in emerging markets, and are calling on financial institutions to do more to support further growth. A communique issued by the World Trade Organization (WTO) and signed by six multilateral development banks says SCF is “essential for enabling emerging ...| Global Trade Review (GTR)
The EBRD has partnered with two Moldovan banks, Maib and OTP Bank, to unlock €70mn in finance for small businesses in the country.| Global Trade Review (GTR)