We are proud to announce that we have partnered with the IFC - International Finance Corporation on a risk-sharing facility of up to €215m. The new facility will support the ongoing flow of trade in Africa by providing vital financing to importers and exporters of essential goods, with a particular focus on small, fragile, and conflict-affected states throughout the continent. Commenting on the new facility, Borislav Ivanov-Blankenburg, our Global Head of Documentary Trade Finance, said: “IFC’s risk participation with Deutsche Bank leverages our issuing bank network to enable trade flows in Africa with our Global Hausbank clients and echoes a shared commitment to ongoing economic growth in emerging markets.” We would like to extend our thanks to Mohamed Gouled, IFC Vice President for Industries, Nathalie Louat, IFC’s Global Director, Trade and Supply Chain Finance and the rest of the team at the IFC for their great collaboration on the initiative. A special thanks also goes to our own team for making this deal possible: Bhaswati Mallik, Maryam Kouhgoli, Anand Jha, Igino Corradi, Gunhad Singh, among many other colleagues involved. To learn more about the partnership, please click here: https://lnkd.in/eMrVCUDx #TradeFinance #GlobalHausbank #Trade #FinancialInsitutions
Very well done! A huge enabler to support global trade and financial inclusion
Congratulations to the team!! 👏👏
Great to see this partnership agreement signed! Congratulations to everyone involved! 🎉
Really impressive partnership! Well done Borislav and Team!!
So good to see you Anand. Many congratulations to you and your entire team.
Here’s to DB’s unwavering faith and commitment to Africa’s growth! Congratulations!!