In the largest banking collapse since the 2008 financial crisis, US regulators were forced on Friday to take over control of Silicon Valley Bank (SVB) – a prominent lender to tech start-ups, providing financing for almost half of US venture-backed technology and healthcare companies.
Against the backdrop of wide-reaching global political and economic uncertainty, the credit and political risk insurance market (CPRI) has access to more capacity than ever before, with notional maximum capacity… read more →
The world’s SMEs need £24.7 trillion worth of financing to close the trade finance gap, with UK SMEs needing an estimated £580 billion, the chief economist of the trade credit… read more →
IFC, a member of the World Bank Group, and BNP Paribas (BNPP), today announced a landmark Synthetic Significant Risk Transfer (Synthetic SRT) transaction. This Synthetic SRT will allow BNPP to… read more →
Your Monday morning coffee briefing from TFG, 27 February 2023
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 →
As more companies look for ways to expand into new markets, surety bonds provide a valuable safeguard and financial advantage.
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 →
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 →
The ICC United Kingdom has announced a new initiative to strengthen the UK finance industry against the impacts of duplicate financing fraud. The Centre for Digital Trade and Innovation (C4DTI)-led… read more →
