African Export-Import Bank (Afreximbank) on 31 March 2020 released its audited financial statements for the year ended 31 December 2020, showing strong and resilient growth, with total comprehensive income of… read more →
UK companies help bring new hospitals, clean energy, and transportation to developing countries following record levels of UK Export Finance backing UK Export Finance backed £2.4bn of sustainable projects overseas… read more →
By integrating the DLPC structure into trace:original documents, the benefits of a payment undertaking supported by BAFT’s best practices can be enjoyed while avoiding the potential drawbacks of a closed consortium.
In this second installment of my two-part article, I endeavour to consider the documentary credit from the point of view of an exporter as well as its bank and provide some advice on how to best benefit from the effective use of documentary credits.
The global economy is bouncing back in terms of confidence, orders, employment and spending, according to the latest ACCA and IMA Global Economic Conditions Survey (GECS). The survey of 1,000… read more →
After Covid-19 crippled global commerce, the World Trade Organization said March 31 that it expected the planet’s merchandise trade to increase 8% in 2021 after contracting 5.3% in 2020.
HSBC and the Asian Development Bank (ADB) today announced a USD300m financing programme to help the region’s supply chains scale-up to deliver life-saving vaccines at both volume and pace. The… read more →
Banks can play a frontline role in closing the sustainable trade finance gap and supporting a green recovery post-COVID-19 by embedding ESG checks, fostering collaboration and inclusion, and mainstreaming digital solutions.
ESG. Environmental, Social and Governance. Three words we hear more and more. But what does it actually mean?
Fresh Federation of Small Businesses (FSB) research shows those selling into the bloc suffering more as a result of new paperwork than importers. The vast majority of those doing business… read more →
