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Eurocredit

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Eurocredit
A type of loan whose denominated currency is not the lending bank's national currency.

Notes:
A U.S. bank lending a corporation 10 million Russian rubles is an example of Eurocredit. Eurocredit helps the flow of capital between countries and the financing of investments at home and abroad.


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He began his career with Caisse des Depots et Consignations, where he was in charge of Foreign Exchange and Eurocredit operations.
He also opened the company's London and Zurich offices and arranged the placement of $250 million in Eurobonds and $125 million in unsecured syndicated Eurocredits for American Savings.
 
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