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Polestar advises that it has secured a 12-month term facility of up to US$450m and has renewed the €480m green trade finance facility (TFF). In February 2025, the company secured up to US$450m in a 12-month term facility after having...
#green finance#Polestar#trade finance
In a landmark move to strengthen economic ties and facilitate seamless trade between Tajikistan and Kazakhstan, the Investment Credit Bank…
#ICB#Investment Credit Bank#Investment Credit Bank of Tajikistan
The African Development Bank Group and Standard Bank Group (SBG) on Monday signed a landmark financial agreement to enhance funding…
#African Development Bank#Ahmed Attout#Kenny Fihla
Surecomp has announced the acquisition of ELCY Ltd, a UK-based digital trade finance solution provider. This strategic move reinforces Surecomp’s…
#digital trade finance#fintech#surecomp
The Trade Finance Registry (TFR) and SGTraDex today launched their collaboration on the Bill of Lading (BL) Genuineness Check –…
#Association of Banks in Singapore#Bill of Lading#trdae finance
The Hong Kong Monetary Authority (HKMA) has announced plans to introduce a CNY 100bn (US$13.7bn) funding facility at the end…
#HKMA#supply chain#swift
Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade…
#Assist.AI#Finastra#trade finance
Prosper Africa and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding (MoU) to boost trade and investment…
#Afreximbank#Kanayo Awani#memorandum of understanding
Indian SCF provider BillMart Fintech Private Limited (BillMart) and financial guarantees firm Eqaro Guarantees (Eqaro) have announced a strategic partnership…
#BillMart#Eqaro#trade finance
40Seas, a platform specialising in trade finance and global accounts receivable management for SMEs, has launched a new strategic partnership…
#40Seas#accounts receivables finance#China Freight
As reported earlier by BCR News, HSBC Innovation Banking, formerly Silicon Valley Bank’s UK arm, placed Stenn Assets UK and…
#HSBC#Silicon Valley Bank#Stenn
IFC and Ethiopia's Awash Bank have partnered to support increased trade in Ethiopia. The partnership will provide local businesses with…
#Aliou Maiga#Awash Bank#Global trade finance programme
IFC and The Hongkong and Shanghai Banking Corporation Limited (HSBC) today announced the signing of a US$1bn risk-sharing facility that…
#HSBC#IFC#trade finance