In their response to the Covid-19 pandemic, governments have learned and applied many of the lessons of past crises. Early testing and tracing at scale gave countries including Germany, Taiwan and South Korea a lead in combating the virus.
Barings Bank collapse. Noble Group’s demise. The 2020 commodities scandals of Agritrade, Hin Leong, Zenrock, Sugih Energy and Hontop Energy. Will these recent commodity financial scandals shatter Singapore’s reputational armour?
Credit rating underpinned by Afreximbank’s strong status as one of the largest Multilateral Development Banks within the African region Cairo, 28 August 2020: – The African Export-Import Bank (Afreximbank), Africa’s foremost… read more →
TFG announced a media partnership with City & Financial Global Ltd for 10th edition of City Week 2020 – its annual International Financial Services Forum.
US$10 million ITFC intervention to tackle shortages in emergency laboratory and personal protective equipment in the fight against coronavirus (Jeddah, KSA, 26 August 2020) – The International Islamic Trade Finance Corporation… read more →
Cairo, 24 August 2020 – African Export-Import Bank (Afreximbank) today released its unaudited financial statements for the six months ended 30 June 2020. Despite the impact of the Covid-19 pandemic… read more →
Soaring demand for personal protective equipment (PPE) and COVID-19 tests resulted in a scramble for supplies. Governments are borrowing on a grand scale to subsidise and protect domestic capacity.
80% of UK CFOs say they’re not fully prepared to manage the impact of the risk on their business caused by a decrease in sales volumes 62% say a drop… read more →
This Line of financing is in line with ITFC’s ‘Recovery Response Program’ (RRP), aimed at mitigating the adverse socio-economic impact of COVID 19 which is expected to last longer than… read more →
The pandemic has been vastly disruptive. It has prompted powerful responses from the government and the private sector. The number of new cases globally appears to have stabilised. Lockdown measures early in the quarter weighed heavily on UK growth but the recovery picked up some pace in June, with GDP rising 8.7% from May.