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ITFA has launched a new template that aims to support and streamline trade finance transactions. Short term trade loans, documented via SWIFT 799 free-form message types, have long been used between banks operating across multiple jurisdictions. These have typically covered...
#ITFA#short term loan#swift
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
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 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 (SAI), the alternatives manager in the Santander Group's Asset Management business, continues to reinforce its commitment to…
#Santander#Santander Alternative Investments#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
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
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
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
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
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, and Mutual Trust Bank…
#ITFC#Mutual Trust Bank#Nazeem Noordali
Polestar advises that it has secured a 12-month term facility of up to US$450m and has renewed the €480m green…
#green finance#Polestar#trade finance
Standard Chartered today announced that it is adopting the International Chamber of Commerce’s (ICC) recently published industry Principles for Sustainable…
#ESG#ICC#Standard Chartered Bank