The collapse of First Brands Group, an Ohio-based auto parts manufacturer, has exposed the inadequacy of US accounting standards designed to prevent opacity in corporate financing. The company’s bankruptcy filing… read more →
The accession means Moldovan users can now send and receive euros with processing times of less than 24 hours and substantially lower fees than previously available. International transfers that formerly… read more →
All alcohol and tobacco businesses in Ukraine must integrate eExcise, a new electronic excise stamp and traceability system, by 2026 to comply with new legislation. ELEKS, a global software development… read more →
Mikael Björknert, the Swedish banker who became chief executive of Privatbank in January, told Trade Finance Global (TFG) that Ukraine’s economy was performing better than many expected, with GDP growth… read more →
The agreement, signed by US Treasury Secretary Scott Bessent and Ukraine’s Minister of Economy Yulia Svyrydenko, provides for a “reconstruction investment fund” that will invest in the extraction of Ukraine’s… read more →
British International Investment (BII), the UK’s development finance institution, has announced plans to provide up to £30 million to bolster Ukraine’s international trade amid ongoing economic challenges.
The EBRD has expanded its cooperation with Privatbank, Ukraine’s largest systemically important bank, by providing a $25 million trade finance
The European Bank for Reconstruction and Development (EBRD) is extending its support for Ukraine by establishing an unfunded portfolio risk-sharing facility with OTP Leasing.
EBRD President Odile Renaud-Basso said that the EBRD remains a pillar of stability in its regions amidst an increasingly fragmented & volatile world
During the June 2023 Ukraine Reconstruction Conference hosted in London, over 400 global companies pledged support for rebuilding the country.