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trade finance

UK sanctions Slavneft, Vostok Oil and nine more Russian...

The UK has extended sanctions to all ten of Russia's major oil producers after adding Slavneft to its restrictions, while targeting another nine vessels linked to Russian energy trade in a fresh package aimed at constraining Moscow's export revenues. The...

#commodity trading#energy trade#Russia sanctions

AIIB signs US$300m Türk Eximbank loans, with US$200m for...

The Asian Infrastructure Investment Bank has signed US$300m of sovereign-backed financing with Türk Eximbank, including US$200m intended to support business…

#AIIB#business liquidity#climate finance


DRW closes US$1bn energy-trading facility with US$400m uncommitted

DRW Energy Trading has closed an expanded US$1bn revolving credit facility to support its North American power and natural gas…

#banking syndicate#committed funding#commodity finance


Net-zero export-credit portfolios rise 58% to US$376bn

Export credit agencies participating in the Net-Zero Export Credit Agencies Alliance have increased their net-zero committed portfolios by 58 per…

#climate finance#EIFO#export credit agencies


HSBC increases Ooni’s UKEF-backed working-capital facility by 67% to...

Scottish cooking-products company Ooni has increased its HSBC UK credit facility from £6m to £10m with support from UK Export…

#export working capital#government guarantee#HSBC UK


Lloyds launches Export Assist to reduce letter-of-credit errors and...

Lloyds has launched an artificial intelligence-powered document-checking service for UK exporters as it seeks to reduce errors in letters of…

#artificial intelligence#Complidata#documentary trade finance


Democrats win Congress, but tariff risks remain

The Democrats' victory in both chambers of the US Congress has changed the political balance in Washington, but it has…

#asset based lending#credit risk#Donald Trump


ARM Energy closes US$600m revolving credit facility with US$200m...

ARM Energy Trading has closed a US$600m, two-year syndicated revolving credit facility for its physical energy marketing business, replacing a…

#accordion facility#ARM Energy#commodity trading


TradeGo and WaveBL turn eBLs into collateral for six...

TradeGo and WaveBL have completed six freight financing disbursements using electronic bills of lading (eBLs) as pledged collateral, providing a…

#China#documentary collateral#eBL


Matalan and Lloyds cut Bangladesh trade-document processing from 40...

Lloyds and BRAC Bank have completed a fully digital documentary collection for a garment shipment from Bangladesh to UK retailer…

#Bangladesh bank#Brac Bank#digital promissory note


Magic Empire Global secures conditional US$100m timber trade finance...

Magic Empire Global has secured a US$100m credit facility from Anyu International to support cross-border timber trading, adding a dedicated…

#Anyu International#collateral#commodity finance


Saudi PIF raises US$3bn SACE-guaranteed export credit financing

Saudi Arabia’s Public Investment Fund (PIF) has raised US$3bn-equivalent in credit facilities guaranteed by Italy’s export credit agency SACE, bringing…

#export credit guarantees#export procurement#green finance

UniCredit and ICICI target Europe–India working capital as trade...

UniCredit and ICICI Bank have signed an agreement to expand cooperation in trade finance, supply chain finance and corporate working-capital…

#cross-border banking#EU India trade#Europe

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