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About Dropdown Description

World Bank building
About

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Learn More

Our Impact Dropdown Description

Hands husking peas into a basket full of peas
Our Impact

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Learn More

Our Products Dropdown Description

Young woman bending down to tending to her outside chores
What We Do

Explore different types of political risk insurance guarantees provided to investors and lenders.

Learn More

Projects Dropdown Descriptions

Hyundai building
Projects

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Search Projects
Russian Federation

Rabo Invest OOO

$34.2 million
Banking
Project Brief
Not Active
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MIGA issued a guarantee totaling $34.2 million to Rabobank International of the Netherlands for its investment to expand the banking capacity of its subsidiary, Rabo Invest OOO (RIO) in Moscow, Russian Federation. The MIGA guarantee will cover the investment against the risks of transfer restriction (excluding inconvertibility) and expropriation.

The project is the continued development of Rabobank's operations in Russia. The shareholder loan is expected to be used for financing commodities (sugar, wheat, and the like) through purchase and repurchase agreements with the Russian subsidiaries of global commodity traders. RIO will contribute to the strengthening of the financial sector by securing the continued presence and expansion of a leading foreign financial institution. Additionally, RIO's focus on the agribusiness sector will provide wider downstream benefits in the food and agriculture sectors.

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