Is there potential for more OECD-ECA backed financing?
Events / 12-10-21 / Share Link
As the Saudi Government seeks to encourage and support greater private sector engagement in various major developmental projects, this is likely to see an increased role for ECA-backed finance, working with international banks, borrowers and export credit agencies to procure crucial goods, services and capex equipment.
With a case study on a recent transaction highlighting the changes already taking place in the Kingdom, Simon Lee (Managing Director, Head of International Trade & Transaction Banking, Crédit Agricole CIB), Michelle Leong (International Export Finance Manager, Middle East, Afghanistan & Pakistan, UK Export Finance), Lutfi Ali (Finance Manager, Grid/Renewables Middle East, GE Power) and Ahmad Alshubbar (Vice-President, Treasury & Strategy, Rawabi Holding) considered the potential for more ECA-backed financing in future as well as the increasing focus on positive environmental aspects.
