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trade finance

Lloyds Banking Group announces £2bn trade finance for UK...

Lloyds Banking Group has unveiled a £2bn trade finance commitment to support small and medium-sized enterprises (SMEs) and mid-corporate exporters in investing, scaling and expanding into international markets. This initiative forms part of the Group’s wider plan to make over...

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IFC invests US$166m to support Sri Lankan businesses

Reinforcing its longstanding commitment to Sri Lanka’s private sector, the International Finance Corporation (IFC), a member of the World Bank…

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DP World Trade Finance comments on ABD’s Global Trade...

Commenting on the publication of the Asian Development Bank’s Global Trade Finance Gap Survey, which showed that the global trade finance…

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GLEIF joins ITFA as an Associate Organisation

The Global Legal Entity Identifier Foundation (GLEIF) has joined the International Trade and Forfaiting Association (ITFA) as an Associate Organisation.…

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HKMA unveils plan to modernise Hong Kong’s trade finance...

The Hong Kong Monetary Authority (HKMA) has released a road map outlining 20 measures to be implemented over the next…

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Standard Chartered adopts ICC–Swift API standards to advance trade...

Standard Chartered has successfully completed an industry-standard, API-based bank guarantee transaction for a global energy company using Komgo’s Konsole, a…

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Global trade finance demand expected to rise, ADB survey...

Global demand for trade finance is expected to increase as companies diversify markets, expand intra-regional trade, and reconfigure supply chains,…

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Banks prove eBL interoperability in live trade finance deal

Banks and trade participants have successfully completed a live, cross-platform electronic bill of lading (eBL) transaction between Thailand and China,…

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Surecomp named a Leader in IDC MarketScape on AI-enabled...

Surecomp® today announced that it has been placed in the Leaders category of the IDC MarketScape: Worldwide AI-Enabled Embedded Trade…

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BNI unifies global trade finance on Finastra’s trade innovation

Finastra, a global leader in financial services software, announced that PT. Bank Negara Indonesia (Persero) Tbk (BNI), one of Indonesia’s…

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CredAble and Citi announce a global tech partnership to...

CredAble, a global working capital technology platform, announced a strategic technology partnership with Citi to digitise its trade finance controls…

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Finastra: Key trends shaping the future of lending

Andrew Bateman (pictured), EVP, Lending, Finastra, explores the key technology forces redefining the future of lending. In an era where…

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Intesa Sanpaolo endorses the ICC principles for sustainable trade...

The International Chamber of Commerce (ICC), together with over 100 banks, corporations and multilateral institutions, has developed the first shared operational framework…

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