In a twice-yearly report on the soundness of the UK financial system, the BoE said that “a reduction in the degree of international policy cooperation could hinder progress by authorities… read more →
Global economic growth is expected to decline from 2.8% this year to 2.6% in 2025. South African businesses must now demonstrate reliability and export market potential to attract foreign investment.… read more →
The project, “Boosting exports through Foreign Direct Investment”, will fall under the ITFC’s “Trade Connect Central Asia+” program and include support for Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. On… read more →
The move comes as trade uncertainties mount, linked to Donald Trump’s upcoming return to the US presidency. The Bank of Korea (BoK) reduced its benchmark interest rate by 25 basis… read more →
This is the first time the nation earned an A rating since the financial crisis in 2011 brought its economy to the verge of collapse. Cyprus’ “material improvement in fiscal… read more →
The OPEC Fund for International Development has extended a $30 million loan to Ipak Yuli Bank, marking its first direct financing to a privately owned bank in Uzbekistan, the organisation… read more →
. At the inaugural Trade Finance Conference of Parties (TF COP) in Washington, DC, ITFA unveiled the Washington Declaration, a proposal calling on the United Nations (UN) to recognise the… read more →
The bank’s Trade Institute, launched earlier this year, secured the accreditation following what LIBF described as a “rigorous assessment” of its curriculum. The programme has already trained more than 1,000… read more →
“The United States must lead when it comes to cross-border payments, to maximise the chances that any new systems with significant international usage reach the quality and standards we prefer,”… read more →
The unpublished report, completed last year, indicates that the EU’s largest banks would need to increase their minimum capital levels by a double-digit percentage were they to operate under current… read more →
