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Turk Eximbank secures €1bn financing deal with World Bank...

Turk Eximbank has announced the signing of a €1bn (US$1.1bn) loan financing deal under the guarantee of the World Bank to bolster green transformation investments.The agreement, named the "Türkiye Green Export Project," received a counterguarantee from the Treasury and Finance...

#bank#Deutsche Bank#exporters

Aspire secures Money Service Operator License in Hong Kong

Aspire, a leading all-in-one finance platform headquartered in Singapore, has announced the successful acquisition of a Money Service Operator (MSO)…

#business finance#financial services#international


TIL Ltd and executives fined Rs 2.5 crore for...

TIL Ltd, a material-handling equipment manufacturer, along with its senior management, have been fined Rs 2.5 crore (US$300.6K) for logging fictitious…

#bank#international#management


HSBC and Geidea partner to launch Omni Collect in...

HSBC has announced the launch of its new e-commerce digital payment platform Omni Collect in the UAE in partnership with…

#bank#digital#e-commerce


Cash for Microfinance and Microfinanza partner to support Egyptian...

Beltone Holding (Beltone), one of the fastest-growing financial institutions, announced that its subsidiary, Cash for Microfinance (Cash), has signed a cooperation…

#financial institution#financial services#international


BFS comments on UK inflation rate announcement

In light of this morning’s inflation rate announcement, Michael McGowan (pictured), Managing Director, Foreign Exchange at Bibby Financial Services, commented:   “Today’s announcement…

#bank#Bank of England#interest rates


New FCI industry statistics show resilient growth trajectory in...

In 2023, the World Factoring industry demonstrated robust resilience and growth, with a notable 3.6 per cent increase in volume…

#international#international factoring#receivables


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


SACE opens Singapore office

Italian export credit agency SACE has inaugurated a Singapore office to facilitate Italian companies in capitalising on burgeoning trade and…

#economy#international#investment


dancerace launches revolutionary r3 RiskOps system for invoice finance...

dancerace, one of the leading international software providers for the invoice finance industry, has announced a launch of its  revolutionary…

#business finance#international#invoice


Sallyport Commercial Finance provides US$10m accounts receivables facility to...

Sallyport Commercial Finance (Sallyport) has announced a groundbreaking US$10m in accounts receivable finance for a prominent pharmaceutical company – Shield Therapeutics Inc.…

#accounts receivable finance#commercial finance#international


Lendingkart Raises $10M in external borrowing for MSME lending...

Lendingkart, an MSME lending platform, has secured US$10 million through external commercial borrowing from a BlueOrchard fund. The Non-Convertible Debentures…

#Access to Finance#funding#international

Bloxcross and JP3E partners for digital trade finance

Bloxcross, blockchain-based financial solutions provider, and JP3E, a global commodity trading firm, have announced the launch of a new, comprehensive platform designed to…

#artificial intelligence#blockchain#digital

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