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Japanese banking institution Sumitomo Mitsui Banking Corporation (SMBC) has announced the establishment of a new division within its Global Trade Finance Department (GTFD) focused on "Product Development & Governance." This unit, designated as Product Development & Governance Division (PDGD), is...
#digitisation#Managerial Appointment#SMBC
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB), reaffirmed its commitment to support…
#International Islamic Trade Finance Corporation#IsDB#Islamic Development Bank
DocuTrade, a platform developed by Yodaplus Technologies, India (Yodaplus), has successfully carried out a trade finance pilot transaction, marking a…
#blockchain#DocuTrade#electronic documents
Surecomp today announced that a host of leading trade finance banks have recently joined its RIVO™ ecosystem. Crédit Agricole CIB…
#Crédit Agricole CIB#Danske Bank#Mizuho
HSBC is looking to enhance its trade financing options for businesses on e-commerce platforms in mainland China and Hong Kong,…
#digital trade finance#Dowsure#e-commerce
The Bank for International Settlements (BIS) announced the launch of Project Aperta, an initiative aimed at reducing frictions and costs…
#BIS#digitalisation#digitisation
The International Chamber of Commerce (ICC) has introduced the Principles for Sustainable Trade Finance (PSTF) during Sibos 2024 in Beijing.…
#ICC#supply chain finance#sustainability
Enterprise Singapore (EnterpriseSG) has teamed up with Credit Europe Bank N.V. (CEB) to enhance financing options for Singapore companies expanding…
#CEB#EnterpriseSG#trade finance
The Board of Directors of the African Development Bank Group(AfDB) has approved a trade finance facility of €70m for Bank…
#Achraf Hassan Tarsim#African Development Bank#Ahmed Attout
IFC, a member of the World Bank Group, recently announced that Banco Safra has joined IFC's Global Trade Finance Programme…
#Banco Safra Global Trade finance programme#Helena de la Torre#IFC
IFC, a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its…
#ABSA#IFC#trade finance
The Board of Directors of the African Development Bank Group (ADB) has approved a trade finance facility of €70m for…
#ADB#BOA#SME financing
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