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Money Talk

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Gerald Group Secures US$50 Million ECI-Backed Financing Facility

Geneva-based commodity trader Gerald Group has closed a US$50 million, three-year finance facility backed by Etihad Credit Insurance, marking its first export credit agency-supported financing in the region. The deal, arranged through Abu Dhabi Commercial Bank, aims to bolster non-oil metals trade flows originating from the United Arab Emirates.

Gerald Group Secures US$50 Million ECI-Backed Financing Facility
Photo: Bio & News

This facility serves as a strategic addition to the company’s global funding platform, offering increased liquidity and extended maturity for its operations. By securing this support, the trader intends to sustain the flow of metals essential to the energy transition, industrial, and technology sectors while insulating its supply chain against mounting market volatility and geopolitical shifts.

For the United Arab Emirates, the transaction aligns with the government’s "We the UAE 2031" vision, which prioritizes the expansion of non-oil exports. Patricia Nikolopoulos, Chief Financial Officer at Gerald Group, noted that the partnership strengthens the firm’s funding resilience, while ECI Chief Executive Officer Raja Al Mazrouei emphasized that the collaboration reinforces the country’s status as a hub for sustainable trade and provides a blueprint for future export-backed financing.

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