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trade finance

IFC and Absa provide trade facility to Valency

IFC, a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its Corporate and Investment Banking division (Absa), will provide a commodity trade finance facility to Singapore-based Valency International Pte Ltd, a...

#ABSA#IFC#trade finance

ADB approves €70m trade finance facility for Bank of...

The Board of Directors of the African Development Bank Group (ADB) has approved a trade finance facility of €70m for…

#ADB#BOA#SME financing


WFY’24: Brazilian factoring records 10% growth in 2023

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 opens Atlanta office to support further expansion

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


Sonali Bangladesh UK selects Finastra solution

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


National Bank of Malawi secures US$100m trade finance facility...

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


Enhancing the fight against trade-based money laundering: insights from...

Trade-based money laundering (TBML) poses significant challenges for law enforcement and financial institutions due to its complexity and the lengthy…

#ADB#anti money laundering#trade finance


NBM secures US$100m financing facility from Afreximbank to support...

In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100m…

#Afreximbank#AFTRAF#Harold Jiya


Krungthai Bank partners with Dohome for ESG trade finance

Krungthai Bank, a leading commercial bank in Thailand, has partners with Dohome and launched the "ESG-linked trade finance and FX…

#Dohome#ESG#Krungthai Bank


DP World and Nedbank partner to boost trade financing...

Businesses across sub-Saharan Africa that face working capital challenges, stand to benefit from a new partnership between DP World Trade…

#DP World#Nedbank#trade finance


PRA relaxes capital requirements under Basel 3.1 for trade...

The Bank of England is aligning with the US Federal Reserve by relaxing capital requirements for lenders under the Basel…

#capital requirements#PRA#SME lending


EBRD unlocks €690m new financing for Ukraine

The European Bank for Reconstruction and Development (EBRD) is providing new guarantees to Ukraine’s banking sector and unlocking €690m of…

#EBRD#risk-sharing#trade finance

Fides and Mitigram team up to transform trade finance...

Fides Treasury Services Ltd., the global leader in multibank connectivity, payments and transaction communications, is pleased to announce a strategic…

#digitalisation#Fides#fintech

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