Page 47 - ETIHAD CREDIT INSURANCE PR REPORT - SEPTEMBER 2024

Etihad Credit Insurance signs

financing deal with FAB, Natixis

Trafigura will receive a $150 million revolving credit facility for two years to finance its

acquisitions of non-hydrocarbon commodities
By
MEA Finance
-
September 18, 2024

FAB’s significant global and regional reach lends substantial financial stability
and strength to the partnership. Image credit: Emirates News Agency
UAE’s Etihad Credit Insurance (ECI), First Abu Dhabi Bank (FAB) and Natixis
have agreed to support Trafigura, a market leader in the global commodities
industry, to expand its global acquisitions of non-hydrocarbon commodities
originating from the UAE.
The partnership highlights ECI’s dedication to developing strategic alliances that
boost the UAE’s economy, increase the global visibility of its non-oil
commodities, and solidify the UAE’s standing as a hub for the same.
“FAB is the UAE’s global bank, and we are uniquely positioned to support
transactions that facilitate the development of the UAE’s international trade and
investment landscape,” said Hana Al Rostamani, Group CEO of FAB.

https://mea-finance.com/etihad-credit-insurance-signs-financing-deal-with-fab-natixis/