Post by Michael Jackisch

BIC-BRED (Suisse) SA is pleased to announce the successful first drawdown made by Touton SA under a new credit facility structured by BIC-BRED (Geneva), with Ecobank International SA (Paris) and TradeXBank AG (Zurich) participating in the risk. The new facility complements the multi-origin bilateral trade finance line extended by BIC-BRED over the past ten years, in which Proparco has been a risk participant since 2023. The new facility specifically supports Touton SA’s cocoa bean purchases and inventories in Nigeria, together with their related hedge positions. On behalf of BIC-BRED (Suisse) SA’s Soft Commodities team, many thanks to TOUTON’s team and all colleagues across the participating banks whose collective efforts made this transaction possible. This milestone further strengthens our ten-year partnership with TOUTON and demonstrates BIC-BRED’s ability to leverage its commodity trade finance platform to mobilise additional risk capacity while continuing its long-standing bilateral support. Touton: Kevin Blanchard ; Grégoire Barreau ; jean-dominique DEYTS ; Armel DALLI, (E.MBA) ; Sylvie Saffores ; Benjamin LE ROUX ; Florence Strainovic ; Olivier Lieutard Ecobank International: Moukaramou CHANOU ALAO;  Julie Coulon; Fabien Berciaud BIC-BRED: Martin Rouil ; Alexandre Mésère ; Nicolas Neyrand ; Nicolas Hoffmeyer ; Martin Allier ; Mériam Elabbadi ; Magali CORTHESY Proparco: Emmanuel HAYE ; Abdoulaye Diallo ; Margaux Chevrier