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.
The Asian Development Bank (ADB) and Citi have entered into a master risk participation agreement to boost access to supply chain financing for small and medium-sized enterprises (SMEs), aiming to support over $100 million in additional annual trade across Asia and the Pacific.
US President Joe Biden announced a series of tariff increases on various Chinese imports, including electric vehicles, computer chips, and medical products.
Today, the International Finance Corporation (IFC) and Egypt announced a $100 million financing deal at the “IFC Day in Egypt”.
BAFT has launched its Women in Transaction Banking (WTB) initiative during its 2024 Global Annual Meeting in Orlando.
The expanded connectivity for TReDS providers means the global standard for privacy-preserving fraud prevention technology is now in India.
The EBRD is enhancing Palestinian export and import activities by allocating a $2 million trade finance line to the Arab Islamic Bank (AIB).