Société Générale considers extension of its guarantee scheme with CDC
Jeune Afrique Business+ spoke to Pierre-Antoine Barreault, Head of Trade Finance for Commodities at SG.
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▪ Société Générale considers extension of its guarantee scheme with CDC
▪ Jeune Afrique Business+ spoke to Pierre-Antoine Barreault, Head of Trade Finance for Commodities at SG.
▪ https://www.africabusinessplus.com/en/804976/societe-generale-considers-extension-of-its-guarantee-scheme-with-cdc/
CDC recently approached Société Générale for the provision of $100m guarantees in West Africa. The two institutions have signed a risk-sharing facility on bank guarantees in commodities, and an extension of the agreement is being considered.
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