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The European Commission has approved state aid measures for Romania’s national investment and development bank, Banca de Investiții și Dezvoltare, strengthening the country’s ability to channel public finance into SMEs, infrastructure and strategic investment. The approval, announced on 25 June,...
#development bank#European Commission#guarantees
The World Bank Group has created a new framework that adds MIGA guarantees to IFC’s Global Trade Liquidity Program, increasing…
#development finance#emerging markets#guarantees
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
The World Bank Group’s guarantee platform is aiming to more than double annual guarantee issuance in Africa to $6.4bn by…
#Africa#development finance#guarantees
LBBW has gone live with Surecomp’s RIVO platform to digitise the management of guarantees and letters of credit, strengthening the…
#guarantees#LBBW#Letters of Credit
CapBay has partnered with CGC Digital to launch a dual-facility digital guarantee scheme aimed at expanding access to financing for…
#CapBay#CGC Digital#guarantees
The British Business Bank (BBB) has reached the landmark milestone of £5bn of lending across its structured guarantee programmes, ENABLE…
#asset based finance#British Business Bank#ENABLE
Allianz Trade introduces Surety Green2Green, a bold new solution aimed at accelerating the sustainable transition of the global economy. Through…
#Allianz#Allianz Trade#global trade
Aura, a fintech company specialised in invoice finance solutions for SME cash flow, has signed a Memorandum of Understanding (MOU)…
#guarantees#invoice#payment terms
EcoPro BM announced that its European subsidiary, EcoPro BM Hungary, has signed an ECA financing agreement with the Export-Import Bank…
#bank#exports#guarantees
The Eastern and Southern African Trade and Development Bank Group (TDB Group), SMBC Group (SMBC), Citi, and SACE are pleased…
#bank#guarantees#international
At FCI’s 56th Annual Meeting which took place in Seoul, South Korea last week, key note speaker, Kai Fehr, Global…
#Cagatay Baydar#guarantees#invoice
Emirates Development Bank (EDB) and Commercial Bank of Dubai (CBD) have entered into a strategic partnership to enhance international trade…