Appointment of Citibank NA as Calculation Agent for CCB ENABLE Guarantee
British Business Bank · Awarded contract
AwardedAppointment of Citibank NA as Calculation Agent for CCB ENABLE Guarantee
Awarded 16 Mar 2023
Awarded16 Mar 2023
Value£56,000.00
SupplierCitibank NA
AgencyBritish Business Bank
RegionYorkshire and The Humber
CategoryFinance & Insurance
Expires in 1y 11mo5y 7mo term, 66% elapsed
Awarded 16 Mar 2023Expires 29 Sept 2028
About
British Business Bank awarded a contract to Citibank NA to act as calculation agent for a Cambridge and Counties Bank (CCB) ENABLE Guarantee, under which BEIS guarantees a portfolio of loans originated by Cynergy Bank in return for a fee.
The calculation agent ensures probity and confirms amounts due to either party.
The contract value is AUD 56,000.
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Appointment of Citibank NA as Calculation Agent for CCB ENABLE Guarantee
Won by Citibank NA · British Business Bank
£56Kawarded
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