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DocuTrade, a platform developed by Yodaplus Technologies, India (Yodaplus), has successfully carried out a trade finance pilot transaction, marking a significant leap forward in the digitisation of trade finance. The pilot transaction, valued at US$49,518, enabled the purchase of fabric...
#blockchain#DocuTrade#electronic documents
Surecomp today announced that a host of leading trade finance banks have recently joined its RIVO™ ecosystem. Crédit Agricole CIB…
#Crédit Agricole CIB#Danske Bank#Mizuho
Standard Chartered has launched of the sustainable finance variants of Borrowing Base Trade Loans (BBTL). The solution will be available…
#ESG#receivables#Standard Chartered
The Bank for International Settlements (BIS) announced the launch of Project Aperta, an initiative aimed at reducing frictions and costs…
#BIS#digitalisation#digitisation
The International Chamber of Commerce (ICC) has introduced the Principles for Sustainable Trade Finance (PSTF) during Sibos 2024 in Beijing.…
#ICC#supply chain finance#sustainability
Enterprise Singapore (EnterpriseSG) has teamed up with Credit Europe Bank N.V. (CEB) to enhance financing options for Singapore companies expanding…
#CEB#EnterpriseSG#trade finance
The Board of Directors of the African Development Bank Group(AfDB) has approved a trade finance facility of €70m for Bank…
#Achraf Hassan Tarsim#African Development Bank#Ahmed Attout
IFC, a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its…
#ABSA#IFC#trade finance
The Board of Directors of the African Development Bank Group (ADB) has approved a trade finance facility of €70m for…
#ADB#BOA#SME financing
Brazil started 2023 with a new government, and then political unrest with a near coup on 8 January 2023, stated…
#Banco Ourinvest#João Costa Pereira#trade finance
Stenn, the leading digital fintech enabling growth for businesses engaged in international trade, e-commerce and digital services, today announced the…
#expansion#fintech hub#Noel Hillman
Finastra is announcing that Sonali Bangladesh UK (SBUK), a UK-based financial institution providing trade finance services to Bangladesh, has chosen…
#Finastra#Masum Billah#Siobhan Byron
In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100m…
#Afreximbank#National Bank of Malawi#trade finance