Allianz Trade, a provider of trade credit insurance, is set to acquire an additional 50% stake in Cosec, the Portuguese export credit agency (ECA), from Banco BPI, Portugal’s fourth largest… read more →
Asian Development Bank (ADB) President Masatsugu Asakawa and India Prime Minister Narendra Modi met today to discuss the country’s development priorities. Mr. Asakawa conveyed ADB’s intention to provide $20 billion–$25… read more →
A court ruling on 22 February heard that the Marco Polo Network has debts of more than €5.2 million (£4.6 million).
The European Bank for Reconstruction and Development (EBRD) and the Multilateral Investment Guarantee Agency (MIGA) have signed a landmark first co-financing agreement, under which MIGA will issue up to $200… read more →
The European Investment Bank (EIB) and the Eastern and Southern African Trade and Development Bank (TDB) will support a new targeted financing initiative, investment in businesses across Africa that were… read more →
Finastra, a global financial services provider, has partnered with Integro Technologies to offer Integro’s SmartLender Trade Limits solution alongside its own Trade Innovation solution. Integro Technologies is a subsidiary of… read more →
India and Singapore have linked their digital payments systems, UPI and PayNow, to enable instant and low-cost fund transfers in a major push to disrupt the cross-border transactions between the… read more →
The government of Hong Kong has announced the successful sale of the world’s first tokenised green bonds worth roughly HK$800 million ($102 million). The Hong Kong Monetary Authority (HKMA) launched… read more →
The Air India-Boeing deal will create up to one million jobs across 44 states in the US. The deal will further deepen US-India bilateral trade ties, President Joe Biden has… read more →
The European Bank for Reconstruction and Development (EBRD) will lend $90 million to MHP Group, one of the leading grain, poultry and edible oils producers in Ukraine and southeastern Europe.… read more →
MSMEs form the backbone of the economies of the Association of Southeast Asian Nations (ASEAN). Yet, despite their contribution to ASEAN economies and society, participation in exports and global markets… read more →
Daniel Barbosa of Fex Agro shares his personal experience, lessons learned and adaptability in commodity trading
To support export and import-based businesses to cope with global uncertainties brought on by the COVID-19 pandemic, IFC is providing $50 million to Prime Bank Limited in Bangladesh. This IFC… read more →
Sumitomo Mitsui Banking (SMBC) will phase out corporate and project finance exposure to coal mining by 2040, but does not have a concrete timeline for reducing support to trade finance,… read more →
The European Bank of Reconstruction and Development’s (EBRD) Trade Facilitation Programme (TFP) supported its highest ever number of transactions in a single year in 2022. The programme facilitated 1,768 transactions… read more →