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IFC and Ecobank to boost trade finance across seven...

To promote trade and foster economic growth in Africa, IFC has announced trade finance facilities with seven Ecobank Transnational Incorporated (ETI) subsidiaries operating in Burkina Faso, Cameroon, Cote d'Ivoire, Ghana, Malawi, Mali, and Togo.IFC's US$140m trade finance guarantee facility will...

#forum#guarantees#smes

EBRS boosts Palestinian exports with additional US$3m trade finance...

The European Bank for Reconstruction and Development (EBRD) is boosting Palestinian export and import activity by providing an additional US$3m to…

#bank#exporters#guarantees


Afreximbank deepens collaboration with ITFC and ICD to advance...

On the sidelines of the recently concluded 2024 Islamic Development Bank (IsDB) Group Annual Meetings and Golden Jubilee Celebrations, African…

#bank#exports#guarantees


Basware acquires AP Matching

Basware, a global leader in AP automation and invoice processing, has announced that it has acquired AP Matching.The acquisition will expand Basware's…

#accounts payable#AI#guarantees


EBRD extends US$2m trade line to Arab Islamic Bank...

The European Bank for Reconstruction and Development (EBRD) is boosting Palestinian export and import activities by providing a US$2m trade…

#bank#exporters#guarantees


EIB Group and Erste Bank join forces to provide...

EIB Group synthetic securitisation will enable Erste Bank to lend up to €196m to small and mid-sized businesses in Austria.The transaction…

#bank#EIF#guarantees


South Korea announces $190bn boost in trade insurance to...

The Ministry of Trade, Industry, and Energy has declared an unprecedented injection of KRW255tn (US$190bn) into trade insurance this year,…

#exports#guarantees#smes


ADB approves US$100m loan to boost SME access to...

The Asian Development Bank (ADB) has approved a US$100m loan to provide SMEs in Sri Lanka more access to finance…

#ADB#guarantees


EBRD: Fostering trade finance access for Ukrainian companies

The EBRD expands cooperation with Privatbank, Ukraine’s largest systemically important bank, by making available a US$25m trade finance limit to support…

#bank#exporters#guarantees


Zenith Bank and AGF forge partnership to boost MSME...

Zenith Bank (Ghana) and the African Guarantee Fund (AGF) have forged a strategic partnership to bolster funding accessibility for MSMEs…

#African Development Bank#bank#guarantees


Commerzbank AG selects Surecomp to future-proof next level trade...

Surecomp today announced that Commerzbank AG, the leading trade finance bank in Germany, has chosen to deploy its DOKA-NG™ solution…

#API#bank#Commerzbank


Phoenix Holdings consolidates credit activities in Phoenix-Gama, its SMEs finance...

Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (Phoenix) has announced that it is consolidating its credit…

#financial services#guarantees#management

HSBC launches first ‘fast-track’ digital trade finance demand guarantee

HSBC has launched a pioneering new ‘fast-track’ digital trade finance demand guarantee to help customers trade internationally in a more…

#digitisation#guarantees#HSBC Trade Solutions

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