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IFC, a member of the World Bank Group, has announced that Ahli United Bank has become the first bank in Egypt to join its Global Trade Finance Programme as an issuing bank. (more…)
SEB has been named Best Trade Finance Bank and Provider in the NordicRegion, Sweden and Lithuania. (more…)
#assets under management#bank#international
State Bank of India (SBI) and Coface have been short listed for buying the 52.5% stake in India s leading…
IFC, a member of the World Bank Group, announced the first trade finance facility for the Eastern Caribbean. (more…)
#bank#exporters#international
A breakfast panel meeting heard that Botswana exporters and industrialists continue to face problems. (more…)
ICICI Bank, India's second largest bank, is ready to setup a branch in New York. (more…)
#bank#banks#exporters
UAE-based banks, both local and foreign, have mostly stopped issuing letters of credit (LCs) for trade finance. (more…)
Emirates Bank, was named best trade finance provider in the UAE for 2007 by Global Finance Magazine. (more…)
#awards#bank#international
IFC has announced that Rawbank is the first bank in the country to join the IFC Global Trade Finance Program.…
JPMorgan Chase and GE Commercial Finance have formed an alliance to offer global accounts receivable purchasing solutions. (more…)
#bank#commercial finance#exporters
Letters of credit are a dominant method for managing trade but other methods such as account deals are growing rapidly, according to a…
Trade finance opportunities in India could offer revenues in excess of over US$2bn in the next five years. (more…)
#bank#cash management#guarantees
IFC announced that Bhutan National Bank has become the first bank in Bhutan to join its Global Trade Finance Program.…