ANNOUNCEMENT 31 Dec 2013

In December 2013, the German Export Crediting Agency announced its support of an export project concerning the delivery of an aluminium foil rolling mill to Bangladesh.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Dec 2013 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in December 2013 and finances the delivery of an aluminium foil rolling mill ('Aluminium Folienwalzanlage') to Bangladesh. The benefitting German exporter is Achenbach Buschh?tten GmbH & Co. KG, Kreuztal.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 2. This category includes projects with a financing value between 16 and 50 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 16 million EUR (22 million USD), as the conservative estimate of the project value.

The maturity of the loan is not specified. The financing institution is not identified in this case.

AFFECTED SECTORS

 

AFFECTED PRODUCTS