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trade finance

India Factoring opens GIFT City arm to push export...

India Factoring and Finance Solutions has established a wholly owned subsidiary at GIFT City as it looks to expand its export factoring and trade-finance business beyond the domestic Indian market. India Factoring (IFSC) Pvt Ltd will operate from India's International...

#export factoring#GIFT City#IFSCA

Tracked Hormuz commodity traffic falls from 31 ships to...

Tracked commodity shipping through the Strait of Hormuz almost stopped over the weekend after fresh attacks on vessels, with only…

#commodity trade#Iran#Kpler


AfDB gives MCB up to 100% non-payment cover for...

The African Development Bank has brought Mauritius Commercial Bank into its Trade Finance Transaction Guarantee Instrument, offering up to 100%…

#African Development Bank#correspondent banking#Mauritius Commercial Bank


EU transaction ban hits 33 more Russian banks, tightening...

European Union transaction restrictions have taken effect against 33 additional Russian credit and financial institutions, further narrowing the banking channels…

#compliance#European Union#financial messaging


Panama Canal slot auctions average US$1.1m as drought deepens...

The cost of securing short-notice passage through the Panama Canal has surged as worsening drought collides with heavier demand from…

#commodity finance#El Niño#freight costs


China exports jump 23.9% as chip shipments hit record...

China's exports increased 23.9% year on year in dollar terms in July, driven by continued strength in technology and advanced…

#China#export finance#exports


Iran keeps Hormuz shut as sanctions demands cloud reopening...

Iran has hardened the conditions attached to reopening the Strait of Hormuz, tempering expectations that an emerging navigation agreement with…

#commodity finance#Iran#maritime trade


OCBC lifts loan-growth target after Q2 profit hits record...

OCBC has raised its 2026 lending-growth forecast after second-quarter net profit reached a record S$2.22bn, signalling stronger credit demand despite…

#Corporate banking#corporate lending#loan growth


US hits solar supply chain with 15% tariff and...

The US is imposing a 15% tariff and minimum import prices across the solar manufacturing supply chain, creating a new…

#import finance#polysilicon#Section 232


Hormuz draft deal offers fragile route back for trade...

Iran and Oman are finalising a proposed shipping arrangement for the Strait of Hormuz, offering a possible route towards restoring…

#commodity trade#Iran#Letters of Credit


HSBC transaction-banking income rises 4% as trade patterns shift

HSBC increased fee and other income from Wholesale Transaction Banking by 4% on a constant-currency basis during the first half…

#Corporate banking#cross-border payments#HSBC


Bangladesh’s 3% trade-finance cap risks pushing local banks out

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

Tradeshift exits HSBC SemFi embedded invoice finance venture

Tradeshift has exited its equity position in SemFi, the embedded-finance venture it established with HSBC less than two years ago…

#B2B marketplaces#banking technology#embedded finance

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