EnterpriseSG and CEB to boost financing for Singapore firms' overseas expansion

The initiative will support EnterpriseSG's enterprise financing scheme.

Enterprise Singapore (EnterpriseSG) and Credit Europe Bank N.V. (CEB) signed an agreement to enhance financing access for Singapore companies venturing overseas.

This financing partnership will initially focus on international trade and commodity financing, with plans to expand to other products.

The agreement was part of EnterpriseSG’s Enterprise Financing Scheme – Foreign-based Financial Institutions (EFS-FFI), which enables Singapore companies to tap new financing sources from selected foreign-based financial institutions when expanding overseas.

The EFS-FFI provides risk-sharing of up to 50% to support lending to Singapore companies from partner foreign-based financial institutions covering a range of financing facilities, including working capital, fixed assets, trade, project, and mergers & acquisitions.

Also Read

Why do CFOs struggle with sustainability reporting requirements?

Citi names Tokiya Kishie as head of markets for Japan

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit