Trade Credit Re’s shareholders double its capital, increasing it from 10 million to 20 million euros. 20 June 2005

As originally planned, Trade Credit Re’s shareholders, have increased the company’s capital from the initial 10 million euros subscribed at the launch of the company, to 20 million euros.

To date, the capital subscribed by the current shareholders can be broken down at 5 million euros from Office National du Ducroire, 5 million euros from Compagnie du Bois Sauvage, 5 million euros from Fortis Venturing, 2,5 million euros from L’Office du Ducroire Luxembourgeois and 2,5 million euros from the management

To support the international development of TCRe, the capital will be increased gradually to 100 million euros over 5 years, partly through investment and partly through self-financing.