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trade finance

Afreximbank launches US$3bn Intra-African trade finance programme

To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30bn annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) has launched a US$3bn revolving Intra-African oil trade financing programme...

#Afreximbank#Benedict Oramah#Intra-African Oil Import Financing Programme

U.S. Bank names Dan Son Head of Working Capital...

U.S. Bank today announced Dan Son (pictured) as the new Head of its Working Capital Finance division. Son replaces Sam…

#asset based lending#Dan Son#Jimmy Whang


Komgo unveils Global Trade Connect, a new app for...

Komgo has announced the official launch of GTK – Global Trade Konnect – designed to revolutionise trade finance operations for…

#Global Trade Konnect#Komgo#Souleima Baddi


ITFA launches new template to support trade finance

ITFA has launched a new template that aims to support and streamline trade finance transactions. Short term trade loans, documented…

#ITFA#short term loan#swift


SMBC appoints Global Head of Trade Finance

Japanese bank Sumitomo Mitsui Baking Corporation (SMBC) has appointed Mitsuhiro Kawamura (pictured) as Global Head of Global Trade Finance Department…

#Mitsuhiro Kawamura#Norihito Obata#SMBC


African Development Bank provides US$25m trade finance facility to...

The Board of Directors of the African Development Bank Group has approved a US$25m trade finance transaction guarantee facility for…

#Adam Amoumoun#African Development Bank#Bank of Africa Madagascar


CaixaBank joins Proparco’s trade finance programme to strengthen trade...

CaixaBank is partnering with Proparco, the private sector financing arm of the Agence Française de Développement Group (AFD Group), to…

#Agence Française de Développement Group#CaixaBank#Proparco


Santander Alternative Investments’ Trade Finance fund hits €1bn of...

Santander Alternative Investments (SAI), the alternatives manager in the Santander Group's Asset Management business, continues to reinforce its commitment to…

#Santander#Santander Alternative Investments#trade finance


Rand Merchant Bank adopts Union Systems’ Kachasi trade finance...

Union Systems Limited (USL) announced that Rand Merchant Bank (RMB) has signed a license for its Kachasi trade finance software.…

#Chuks Onyebuchi#Kachasi#Rand Merchant Bank


Zvilo joins FCI and ITFA, appoints new CEO

Trade finance fintech Zvilo has announced its membership in FCI and ITFA, two of the world's leading trade finance associations.…

#Admir Imami#FCI#ITFA


EBRD joins with BII and Proparco to support trade...

The European Bank for Reconstruction and Development (EBRD) is joining forces with the UK’s development finance institution, British International Investment…

#BII#British International Investment#EBRD


Bank of Ireland pivots to Surecomp’s trade finance-as-a-service to...

Surecomp today announced that Bank of Ireland, the country's leading financial institution, has chosen to deploy its DOKA-NG™ platform as…

#Bank of Ireland#DOKA-NG#innovation

Trade finance provider, Artis Finance, enters administration

Artis Finance Limited (Artis Finance) has become the latest non-bank trade finance company to enter administration. Founded in March 2020,…

#administration#Artis Finance#Artis Loanco 1

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