Santander Brasil Completes First FGCE-Guaranteed Trade Finance Deal for SMEs

Santander Brasil and ABGF executed the first trade finance operation backed by the FGCE under the MPME+ modality, aimed at micro, small, and medium-sized enterprises. This marks the operational launch of a new credit enhancement tool for Brazilian SME exporters, potentially expanding access to trade finance. The full details are behind a paywall, so the scale and terms remain unclear.