Jeddah, Saudi Arabia, 9th September 2020. The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, signed a US$100 million Murabaha-structured line of trade finance with Mizuho Bank in… read more →
Tashkent, Uzbekistan, September 8, 2020: JSC Uzbekhydroenergo (“Uzbekhydroenergo/the Company”), Uzbekistan’s state hydropower producer and developer, announces it has signed a 25-year loan agreement, worth $60 million, with the Asian Development Bank (“ADB”).… read more →
SMEs (small medium-sized enterprises) are a fundamental pillar of the economy. The World Bank estimates they make up 90 percent of businesses globally and more than 50 percent of employment… read more →
ICC – renowned for its global standards that enable trillions of dollars of cross-border transactions each year – has announced the operational launch of a major new initiative to ensure… read more →
The Department for International Trade has announced its new advisers to the Board of Trade, comprising of senior figures from business, academia and government. Board members and advisers will meet quarterly… read more →
Hong Kong/Paris/New York City (3 September 2020) – The International Chamber of Commerce, the institutional representative of 45 million businesses worldwide, has announced the creation of a new Advisory Group… read more →
ITFA and TFG, today, launched their international trade finance guide, aimed at clarifying and defining standard definitions for trade finance products, as well as the risks, challenges and opportunities within trade finance.
Global trade volumes will contract by -15% in 2020, no return to pre-crisis levels before 2022 Global economy to shrink by -4.7% this year, with growth of +4.8% in 2021… read more →
New report from GSCFF aims to address criticisms across three key areas: the potential adverse impact on suppliers, issues relating to financial reporting and transparency, and overall programme risk.
UK Export Finance (UKEF) has announced it will provide over £140 million of financing to support UK exports to Ghana and help secure export opportunities for UK companies on major… read more →