Sunday, April 2, 2017

Mercury, the Central American Economic Integration Bank and 300 million US dollars financial sublease agreement



[Korea Selected financial newspaper reporters - the Export-Import Bank of Korea announced that it has signed two days the Central American Bank for International Development of the Central American Economic Integration Bank (CABEI) and 3 billion dollars in purse (轉貸) Financial contracts.

Squadron Finance is a financial technique that is if the Export-Import Bank signed a foreign local banks and credit limit (Credit Line) contract local banks to raise capital within the limit of loans to local companies that have trade relations with Korea companies.

Import Bank is expected to take to support companies entering Korea $ 300 million limit was signed with the CABEI Central American regional infrastructure projects. Mercury official explained that "mercury-free overseas branches to take advantage of the operating point of the local bank knows the local business environment is better able to support small and medium-sized projects mercury can not support directly.

Also the Export-Import Bank has decided to support the Economic Development Cooperation Fund (EDCF) 7059 million in "Managua bypass road construction projects" to promote the Nicaraguan government.

Choejonggu mercury haengjang said, "of Nicaragua is considering to transfer the Latin American Regional Office as an EDCF cooperation is the most active country in Latin America with offices in Bogota, Colombia, Nicaragua, Managua.

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