SBI Factors, a wholly-owned subsidiary of State Bank of India (SBI) and regulated by the Reserve Bank of India (RBI), began operations in April 1991 as India’s first factoring company.… read more →
The announcement, made yesterday at the fourth China-Africa Economic and Trade Expo meeting in Changsha, China, extends Beijing’s existing duty-free arrangements beyond the continent’s least developed countries to include middle-income… read more →
Commerzbank, ING, Santander, and Standard Chartered announced their backing of the International Chamber of Commerce’s Principles for Sustainable Trade Finance on Thursday, collectively representing about 25% of the global trade… read more →
Every day, global corporates move nearly $23.5 trillion through financial systems in cross-border transactions, fueling economic growth. But hidden within these legitimate flows are sophisticated financial crime schemes that exploit… read more →
Resilience in banking and digital trade Resilience in banking comes down to preparation. Burwell said, “When I hear the word resilience, I think of how you respond to risks in… read more →
The partnership’s first transaction supported a leading global food company’s cocoa procurement from Côte d’Ivoire, the world’s leading cocoa producer; this will unlock over $70 million in annual procurement opportunities.… read more →
As these nations grapple with mounting climate impacts, their banking sectors face a critical juncture. There are two options: drive the transition to a green economy or risk being overwhelmed… read more →
The Paris-based organisation warned that mounting protectionism could disrupt the pace of the global energy transition, as companies adopt a “wait and see” approach to significant new investments dependent on… 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 cloud-based solution will initially launch in South Africa before being rolled out to other markets as RMB strengthens its international presence in trade finance capabilities. The bank has operations… read more →
