ANNOUNCEMENT 29 Jun 2016

In June 2016, the Swiss Export Risk Insurance (SERV) announced its support of an export project concerning the modernisation of the protection schemes in Spain.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 29 Jun 2016 | Removal date: open ended
Still in force

Trade finance

The project value is 27 million CHF (28 million USD) and it finances the modernisation of the protection schemes by ABB Schweiz AG, Baden.

The maturity of the loan will be shorter than two years. The SERV differentiates between nine categories of fiancial support. The present project is a supplier credit insurance (cateogry S).

AFFECTED SECTORS