Financial and Banking News

Regional Financing

Switzerland Resumes Medium And Long Term Cover For Iran

Switzerland's export credit guarantee agency (Geschaftsstelle fur dieExportrisikogarantie ERG) resumed medium and long-term cover for Iranian risk atthe beginning of January. Cover had been suspended due to payments arrears,although short-term cover continued to be available in principle. ERG will nowguarantee facilities up to SF5mn ($3.8mn) and will cover 85% of...