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trade finance

IFC and Absa provide trade facility to Valency

IFC, a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its Corporate and Investment Banking division (Absa), will provide a commodity trade finance facility to Singapore-based Valency International Pte Ltd, a...

#ABSA#IFC#trade finance

ADB approves €70m trade finance facility for Bank of...

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 opens Atlanta office to support further expansion

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


Sonali Bangladesh UK selects Finastra solution

Finastra is announcing that Sonali Bangladesh UK (SBUK), a UK-based financial institution providing trade finance services to Bangladesh, has chosen…

#Finastra#Masum Billah#Siobhan Byron


National Bank of Malawi secures US$100m trade finance facility...

In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100m…

#Afreximbank#National Bank of Malawi#trade finance


NBM secures US$100m financing facility from Afreximbank to support...

In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100m…

#Afreximbank#AFTRAF#Harold Jiya


Finastra hires industry heavyweight to head lending business

Finastra today announced the appointment of Andrew Bateman in the role of EVP, Lending. Andrew is responsible for the leadership…

#Andrew Bateman#financial services#Finastra


WeDo bolsters trade finance arm with senior hire for...

WeDo Business Services has made a senior appointment in its trade finance division to support its growth. John Rourke has…

#John Rourke#Vince Tovey#WeDo


Krungthai Bank partners with Dohome for ESG trade finance

Krungthai Bank, a leading commercial bank in Thailand, has partners with Dohome and launched the "ESG-linked trade finance and FX…

#Dohome#ESG#Krungthai Bank


SC Ventures-backed SWIAT and Olea partner to enable trade...

SWIAT GmbH (SWIAT), a fintech company specialising in the development of blockchain software for an open, decentralised financial market infrastructure,…

#blockchain#Olea#SC Ventures


DP World and Nedbank partner to boost trade financing...

Businesses across sub-Saharan Africa that face working capital challenges, stand to benefit from a new partnership between DP World Trade…

#DP World#Nedbank#trade finance


PRA relaxes capital requirements under Basel 3.1 for trade...

The Bank of England is aligning with the US Federal Reserve by relaxing capital requirements for lenders under the Basel…

#capital requirements#PRA#SME lending

EBRD unlocks €690m new financing for Ukraine

The European Bank for Reconstruction and Development (EBRD) is providing new guarantees to Ukraine’s banking sector and unlocking €690m of…

#EBRD#risk-sharing#trade finance

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