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16.06.2023

SERV-insured deal wins TXF Award

SERV-insured deal wins TXF Award

On 15 June 2023, SERV, together with its partners, won the “Overall Best Export Finance Deal of the Year” award at the TXF Global Conference 2023 in Lisbon. It came as recognition for insuring a pioneering project for the refurbishment of the entire Egyptian textile sector, which includes the modernisation of the world’s largest spinning mill. The insurance covers 87 individual supply contracts of eight renowned Swiss textile companies in three different currencies.

Read the full story behind this project here.

It is the fourth year running that SERV has been involved in a project that has won a TXF Award. This recognition shows just what can be achieved when players in the Swiss export industry join forces. It serves as a great motivation for us to continue doing everything we can to support Swiss exporters and make further progress on our journey to becoming a trade facilitator.