GENEVA (10 November 2020) – Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a USD 1.225 billion revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V.… read more →

Global Supply Chain Finance Forum issues payables finance guidance to drive further clarity on terms and techniques

EUF plays an important role for our industry today more than ever and confirming FCI’s support regarding the lobbying of the new definition of default with the EBA.

Cairo, 04 November 2020: – The African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, partners with the International Islamic Trade Finance Corporation (ITFC), the Trade Finance Arm of the Islamic… read more →

WASHINGTON — BAFT, the leading international transaction banking association, announced today the formation of its Global Payments Industry Council (GPIC). The GPIC’s primary purpose is to set BAFT’s strategic agenda… read more →

Jeddah- 02 November 2020 –The Arab Bank for Economic Development in Africa (BADEA) intensifies its partnership with the International Islamic Trade Finance Corporation (ITFC) to support African Countries to fight COVID-19… read more →

Hong Kong, China. Trade Finance Global (TFG) and World Trade Organization (WTO) have today launched their updated Periodic Table of DLT Projects in Trade, at the Hong Kong Fintech Festival.

A recent 2020 study and supplementary Covid-19 survey by TFG and WTO reveals the biggest challenges facing DLT trade-related firms when it comes to implementation of their solutions within corporates and banks.

Distributed Ledger Technology (DLT), colloquially termed ‘blockchain’ has been touted to disrupt trade and supply chain, as well it’s financing, for over 5 years. Following on from TFG, WTO and ICC’s ‘Periodic Table’ enlisting 39 projects in global trade utilising DLT, we’ve relaunched our table, indicating that the industry has considerably matured and evolved in less than 12 months.

As part of a wider strategic partnership with TXF, TFG are delighted to announce that we are supporting TXF Global Commodity Finance 2020, a 2 in 1 industry-leading event combining a physical and a virtual version.