At the ICC UAE Trade Facilitation Summit in Dubai, Trade Finance Global (TFG) spoke with Vincent O’Brien, director of ICC United Arab Emirates (ICC UAE) and associate director of the Institute of International Banking Law and Practice (IIBLP), to learn more about trade in the Gulf Cooperation Council (GCC) region.
Finding from recent Finastra research shows that bank view fintech partnerships as a vital strategy, with three in four banks looking to connect with three fintechs in the next 12-18… read more →
The Board of Directors of the African Development Bank Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi (Bancobu). Leveraging Bancobu’s strategic footprint in the… read more →
Today, Standard Chartered and the IFC announced the signing of a $700 million investment in the IFC’s Global Trade Liquidity Programme (GTLP) in support of global trade finance. Since the… read more →
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 →
Following on from the BAFT Annual Annual Meeting in Washington, Trade Finance Global (TFG) sat down with Dalton Lee, chairman of the Caribbean Association of Banks (CAB), to discuss the status of the correspondent banking world, and what cutting such relationships means to Caribbean economies.
In preparation for the 2022 EBRD TFP Trade Finance Forum, held in Istanbul, Turkey, Trade Finance Global’s (TFG) Annie Kovacevic sat down with Chynara Alybaeva, head of global transaction banking department at Optima Bank OJSC, to learn more about the banking sector in the Kyrgyz Republic.
Elitza Kavrakova from Raiffeisen Bank International AG discusses how, despite years of discussion, commercial bankers have not seen much improvement in the process of de-risking.
AMS Ameropa Marketing and Sales AG, a fully owned subsidiary of Ameropa, today announced completing the full refinancing of its $750 million revolving credit facility, for an amount of $1.1… read more →
Correspondent banks are a key part of cross-border payments facilitating the flow of trade between different jurisdictions.