Our focus

Our product lines – commodity-backed finance, export finance and project finance – are helping to shape future development in many countries, in particular emerging markets.

Commodity-backed finance transactions relate mainly to the cross-border sale and purchase of commodities. Financing is provided directly or indirectly to the commodity producer. In turn, proceeds generated by selling commodities service the respective loan. These transactions provide countries with low or no credit ratings access to the international debt market, allowing the pre-financing of production and subsequent export of commodities, which are essential for the economy of the exporting country.

Export / import finance transactions relate to loans that finance the export and import of capital goods and services from and to emerging markets. In many cases, these transactions, with a mix of covered and uncovered loan portions, are the only way to obtain financing for borrowers in countries with low credit ratings.

Project finance allows borrowing for major infrastructure and industrial projects in developed or emerging markets. In many cases, the borrower is a special purpose vehicle and financing is based on future cash flows generated by the project itself, with only limited and well-defined recourse to the sponsors of the projects.