FIMBank pl has successfully entered the Euroloan Market through a USD 30 Million Syndicated Trade
Finance Facility. The loan was more than 100% oversubscribed from an initial launch amount of USD15 Million.
Standard Bank plc and SanPaolo IMI, as Mandated Arrangers, signed 15 banks from 12 countries into the syndicate.
The transaction is of a 12-month term and will be used to support FIMBank’s global trade finance activities.