ANNOUNCEMENT 15 Mar 2019

The Australian EXIM bank announced the approval of a loan worth AUD 30 million (circa USD 21.3 million at the time of the announcement) to Blanalko Pty Ltd.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Efic, Transaction register for 1 July 2018-28 February 2019. Retrieved on 18/03/2019. Available at: https://www.efic.gov.au/media/5397/signing-summary-web-version-2019-03-15-08-10-13.pdf

Inception date: 28 Feb 2019 | Removal date: open ended
Still in force

State loan

On 15 March 2019, the Australian export credit agency Efic has issued a transaction register of beneficiaries covering operations made in the period 1 July 2018 up until 28 February 2019. 

One of these beneficiaries was Blanalko Pty Ltd., a logistics company which was offered a loan of a total value of AUD 30 million (circa USD 21.3 million) to finance non-residential property operations related to the transport, postal and warehousing industry. 

The Efic allows companies participating in projects where the end product is exported to access the trade finance instruments available at the bank by identifying these businesses as key actors of the supply chain.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A