UK Export Finance: Russia

(asked on 4th March 2022) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, pursuant to the Answer of 3 March 2022 to Question 131130, on UK Export Finance: Russia, how much of the remaining exposure relates to the underwriting of credit for (a) VEB Leasing, (b) JSC Lebedinsky or (c) SUEK; and which providers of credit UK Export Finance will be liable for the unpaid debts in the event that any of those buyers default on their loans.


Answered by
Mike Freer Portrait
Mike Freer
This question was answered on 9th March 2022

UK Export Finance (UKEF) does not release details of outstanding exposure on individual transactions for reasons of commercial sensitivity. UKEF follows robust due diligence processes before providing support for any transaction.

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