IFC, a member of the World Bank Group, and BNP Paribas (BNPP), today announced a landmark Synthetic Significant Risk Transfer (Synthetic SRT) transaction. This Synthetic SRT will allow BNPP to… read more →

The International Finance Corporation (IFC), the World Bank’s investment arm, said it will provide Sri Lanka a $400 million cross-currency swap facility to help fund essential imports. Three private banks,… read more →

Your Monday morning coffee briefing from TFG, 27 February 2023

Kyriba Corp, a cloud-based finance and IT solutions firm, and Jiko, a vertically integrated financial institution offering its clients real-time programmatic access to the yield and safety of T-bills, today… 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 →

Global CRM firm Salesforce has announced that Santander UK is using its technology to power Santander Navigator to help UK businesses expand internationally.  It is a digital platform launched in… read more →

Asian Development Bank (ADB) President Masatsugu Asakawa and India Prime Minister Narendra Modi met today to discuss the country’s development priorities. Mr. Asakawa conveyed ADB’s intention to provide $20 billion–$25… read more →

A court ruling on 22 February heard that the Marco Polo Network has debts of more than €5.2 million (£4.6 million).

The European Bank for Reconstruction and Development (EBRD) and the Multilateral Investment Guarantee Agency (MIGA) have signed a landmark first co-financing agreement, under which MIGA will issue up to $200… read more →

The European Investment Bank (EIB) and the Eastern and Southern African Trade and Development Bank (TDB) will support a new targeted financing initiative, investment in businesses across Africa that were… read more →