Ecobank Nigeria is providing opportunities that supports exporters and importers within the African region.
The bank’s Head Trade Finance, Sunday
Abah, was quoted in
a statement yesterday, to have said Ecobank’s unique
intra-Africa trade solutions enable settlements of trade transactions
and mitigates payment risk; provide regional solutions and enable
exporters obtain payment guarantees without the need for a letter of
credit and its related costs to the importers.
Furthermore, Abah noted that Ecobank
works closely with clients in reviewing key factors regarding
transactions processing, settlements, financing, and risk mitigation as
well as credit enhancement.
The bank he reiterated, boasts of a unique and large Pan-African platform that positions it to support trade at all levels.
According to him, its technology
platform was designed to help unlock opportunities in the continent
through standardisation across 33 countries, while fueling regional
integration, trade and investment across borders.
The statement also announced the Ecobank 2020 regional trade forum taking place in Lagos next week.
He said exporters and importers within
the African region would have the opportunity to exhibit their products
in a marketplace scenario, and participate in panel discussions by
highly experienced and diversified stakeholders and leaders of thought
in the industry.
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