COMMERZBANK RISK PARTICIPATION AGREEMENT


Overview

  • Reference: P-Z1-HAB-013
  • Approval date: 22/05/2013
  • Start date: 29/05/2013
  • Appraisal Date: 04/03/2013
  • Status: ApprovedAPVD
  • Implementing Agency: COMMERCE BANK AG (RPA) Mr Hans-Jörg Krohn FINANCIAL INSTITUTIONS HEAD OF PRODUC
  • Location: Regional

Description

A Risk Participation Agreement (RPA) between the African Development Bank (AfDB) and Commerzbank AG (CAG) to share the default risk on a portfolio of qualifying trade transactions originated by Issuing Banks in Africa and confirmed or indemnified by CAG. AfDB


Key contacts

TIJANI Babatunde Oluseyi - OFSD4


Costs

Finance source Amount
ADBUSD 65,511,052
DeltaUSD 497,052
TotalUSD 65,014,000