ABN AMRO Bank (Moscow), Ltd.
MIGA issued $23.2 million in guarantees to ABN AMRO Bank, N.V. of the Netherlands for its equity and debt investments in the establishment of a branch bank in Moscow. In separate contracts, MIGA also issued $900,000 in guarantees each to IBA, B.V. and to Interfima, B.V., two of ABN AMRO's wholly owned subsidiaries, for their investments in the project. MIGA insured these investments against expropriation and transfer restriction risks.