In 2023, the World Factoring industry exhibited robust resilience and growth, with a 3.6% increase in volume compared to 2022.
Marsh has announced the launch of Tax Investment Default Insurance, a new solution designed to increase the capital available for investing in federal tax credits tied to US renewable energy projects.
The UK has completed its key step required for joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) earlier than expected.
Afreximbank finalised arrangements for a facility of $250 million with the ITFC and $100 million with the ICD.
The European Bank for Reconstruction and Development (EBRD) is lending €236 million to Armenia for the construction of the southern stretch of the Sisian-Kajaran road.
The European Bank for Reconstruction and Development (EBRD) is extending its support for Ukraine by establishing an unfunded portfolio risk-sharing facility with OTP Leasing.
The European factoring industry saw a continuation of growth in 2023, albeit at a reduced pace compared to prior years.
EBRD President Odile Renaud-Basso said that the EBRD remains a pillar of stability in its regions amidst an increasingly fragmented & volatile world
IFC and Absa provide $60 million commodity trade finance facility to Volcafe, benefiting East African coffee farmers.
Standard Chartered has announced the successful completion of Euro-denominated cross-border transactions between Hong Kong and Singapore, becoming the first Euro settlement bank to go live on Partior, the global unified ledger market infrastructure.
