News
24 February 2022

GCB Bank raises $117m trade finance facility

In:
Metals and Mining
Region:
Middle East & Africa

GCB Bank, previously known as Ghana Commercial Bank, has secured a six-month $117 million syndicated trade finance facility, with an accordion option. Proceeds will be used to finance the trade of various soft commodities, metals, and energy, as well as machinery and equipment.Closed on 7 February,...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
15 July 2026

KBU: A lesson in long ECA tenors in Africa

Long tenors remain the scarce commodity in Sub-Saharan social infrastructure. But Mitrelli has reached financial close on a 19-year Atradius-backed loan for the Katyavala...

Perspective
24 July 2026

GCC: When ECAs hit the country ceiling

Fragmented Gulf procurement, tighter local liquidity, strained country limits and Saudi-scale ambition are forcing ECAs beyond the classic tied facility. Shopping lines,...