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Northstar Trade Finance Inc. of Canada, Office du Ducroire-Luxembourg and Société Nationale de Crédit et d’Investissement are pleased to announce the launch of Northstar Europe S.A., based in Luxembourg. Jeannot Krecké, Minister of Economics and Foreign Trade for Luxembourg said: “This new financing institution will help small and midsized European exporters at a critical moment. It will ensure that there is new and ongoing support for smaller transactions to encourage buyers to proceed with their procurement plans and help exporters penetrate new markets. We are proud of the leadership role of ODL and SNCI in the development of this European instrument.” Northstar Europe S.A. will provide term trade finance solutions for European small and medium-sized enterprises engaged in international...
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