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IFC doubles Agricole risk transfer, expects wave of EM deals

Port freight shipping trade Nigeria from Alamy 28Apr21 575x375
By Jon Hay
28 Apr 2021

Crédit Agricole has struck a new synthetic risk transfer deal with the International Finance Corporation, in which it will shed about 90% of the risk on $4bn of emerging market trade finance loans. The IFC expects to use securitization more to help banks in developing countries cope with the effects of the coronavirus pandemic.

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By Jon Hay
28 Apr 2021