Following the announcement on 9 October 2019 by the African Export-Import Bank (“Afreximbank” or the “Bank”), a supranational financial institution whose purpose is to facilitate, promote and expand intra- and extra- African trade, of its potential intention to publish a registration document, the Bank hereby confirms its intention to proceed with an Initial Public Offering.

Singapore-based Finaxar, announces the partnership with Global eTrade Services (GeTs), a global trade platform company. Finaxar provides its unique Lending-as-a-Service to financial institutions, trade and e-commerce platforms using data-driven methods to provide the fast, tailored financing solutions for SMEs.

The mobile phone revolution was ignited by Apple, but democratized by Google and enabled by an implementation of an open-source operating system, now called Android.

Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 16th September 2019.

A regulatory environment that supports the safe and robust development of the data economy, the emergence of FinTech and BigTech firms and the growth of the crypto-assets market is essential for banking transformation, says new white
paper

Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 9th September 2019.

It’s TFG’s first ever Podcast Takeover, and we welcomed Michael Bickers, Editorial Director of BCR Publishing, who Trade Finance Global have partnered with for the BCR Supply Chain Finance Summit APAC on the 15th and 16th of October in Singapore.

TFG heard from David Morrish and Charles Woodgate from the London Institute of Banking and Finance, ahead of their annual conference, the World Conference for Banking Institutes (WCBI). Given times of unprecedented change within global trade, we discuss what this means for trade related education, as well as the current diversity and gender challenges within trade.

Today the completion of the world’s first integrated paperless trade transaction happened – in iron ore – involving Rio Rinto selling bulk iron ore to Cargill, who sourced the cargo… read more →

LBBW and Commerzbank have once again executed a trade transaction between Voith and KSB SE, via the Marco Polo trade finance network, built on R3’s distributed ledger technology (DLT) platform, Corda.

Membership agreement enhances Standard Chartered’s benchmarking and modelling capabilities and strengthens Global Credit Data’s international coverage

International law firm Sullivan has advised international financial services association BAFT (the Bankers Association for Finance & Trade), together with ITFA (the International Trade and Forfaiting Association), on the updated New York law Master Participation Agreement (NY MPA) and associated usage guidelines, published yesterday.

In 2018 the world factoring industry volume continued its upward trend with a total reported figure of over 2,767 billion euro representing over 6% growth compared to the previous year.

BayernLB, Helaba and S-Servicepartner have announced today that they’ve joined the Marco Polo Network for piloting and evaluating purposes.

BayernLB, Helaba and S-Servicepartner have announced today that they’ve joined the Marco Polo Network for piloting and evaluating purposes.