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HSBC India has launched electronic bank guarantee services for its MSMEs and corporate clients in association with National E-Governance Services Ltd (NeSL), being the first foreing bank in the country to offer this facility.The aim of HSBC is to digitise trade by...
#bank#digitisation#guarantees
The Eastern and Southern African Trade and Development Bank (TDB) and the International Islamic Trade Finance Corporation (ITFC), a member…
#IMF#International Islamic Trade Finance Corporation#World Bank
Finastra, a global provider of financial software applications and marketplaces, is partnering with ELCY, a specialist in e-commerce solutions for…
#digitisation#Finastra
British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a US$60m trade finance facility for…
#Access Bank#British International Investment#supply chain finance
Bank ABC has announced the launch of ABC Trade, a digital cloud-based platform powered by Swiss market-leading technology provider Komgo…
#ABC Bank#Souleima Baddi
The Electronic Trade Documents Act (ETDA) has come into force today. The new law represents a huge step forward into…
#bill of exchange#Chris Southworth#electronic documents
Following the ADB report released last week, Sinan Ozcan, the Senior Executive Officer of DP World Financial Services, has provided…
#ADB#Sinan Ozcan#trade finance gap
Earlier last week, the Asian Development Bank (ADB) published another in their long series of... (more…)
#ADB#Asian Development Bank#Mark Mandula
The global trade finance gap grew to a record US$2.5tn in 2022 from US$1.7tn two years earlier, as rising interest…
#COVID-19#ESG
Stenn Technologies, a leading digital fintech enabling growth for businesses engaged in international trade, e-commerce and digital services, has partnered…
#embedded finance
Nepal Bank Limited has signed an agreement with the Asian Development Bank (ADB) to support international trade... (more…)
#ADB#Asian Development Bank
Embedded trade finance is becoming an increasingly popular service for banks seeking to reduce costs, enhance efficiencies and implement robust…
#BNY Mellon#embedded finance#Joon Kim
Deutsche Bank appoints Matthew Moodey as head of trade finance and lending in Asia Pacific (Apac). Based in Singapore he will…
#Managerial Appointments