Eastern Bank Ltd (EBL) organised a workshop supported by Helaba Landesbank Hessen-Thüringen Girozentrale, a renowned German bank on “Export Credit Agency (ECA)-covered Financing” in the city recently.
Thomas Kuerten, Director and Regional Manager, South Asia, Helaba; Christoph Winnat, Chief Representative of Helaba Singapore Office; Ahmed Shaheen, Deputy Managing Director and Head of Corporate Banking; Corporate Unit Heads; Head of Financial Institutions and Overseas Banking Units( OBU) and other senior executives of the EBL attended the workshop.
The workshop focused on overview, instruments and procedures of ECA-covered financing and its best practices in European financial markets.
Recent practices of ECA-covered financing in Bangladesh was also discussed at the session.
EBL, as a pioneer in operating OBU businesses, brings in the ECA covered financing, a low cost funding facility in Bangladesh
EBL is the first bank rated by international rating agency-Moody’s and is a partner bank of major Development Financial Institutions (DFIs) and global banks. ECA covered financing has widened the wings of foreign currency funding facilities for EBL customers operating in different industries.
-rmc//