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The African Development Bank has brought Mauritius Commercial Bank into its Trade Finance Transaction Guarantee Instrument, offering up to 100% non-payment risk cover on eligible transactions as banks seek to close an African trade-finance gap estimated at as much as...
#African Development Bank#correspondent banking#Mauritius Commercial Bank
Bangladesh’s ceiling on foreign-currency trade-finance charges is placing severe pressure on local banks’ margins and could reduce their access to…
#Bangladesh bank#correspondent banking#export bill discounting
FactorAvenue has launched a freight broker factoring module designed to manage shipper receivables, carrier payments and quick-pay income within a…
#banking technology#correspondent banking#Euromoney
Banks are placing growing weight on technology, product breadth and service quality when selecting international trade finance partners, according to…
Africa’s trade finance gap has widened to more than US$74bn, underlining the pressure facing exporters, importers and banks across the…
#Africa#African Development Bank#correspondent banking