The world’s most important number is changing, and traders need to be aware of its implications.
UK development finance fund CDC Group has committed to a $30 million trade finance loan to Bangladesh’s Prime Bank. The loan facility, which will enable Prime Bank to extend more… read more →
British Chancellor Rishi Sunak today presented his Autumn Budget of 2021 to the UK House of Commons.
French international bank BNP Paribas has executed a green repurchase agreement (repo) transaction with state-owned utility company Électricité de France (EDF). The two companies have worked jointly to structure and… read more →
Merchants would go on voyages for several weeks, if not months, in a caravel, carrack or clipper to the Far East, or elsewhere, to buy cotton, wool, tea, spices or other commodities. They would be equipped with a Letter of Credit in their trunk, often handwritten by the clerk of their high street banks.
The UK and ten major trading partners have agreed to end export credit support for unabated coal-fired power plants
While some in trade finance struggle with green fatigue, ITFA’s Johanna Wissing isn’t one of them.
Contour, the digital trade finance network, announces partnership with the Global Legal Entity Identifier Foundation (GLEIF) to enable the use of Legal Entity Identifiers (LEIs) within its network, to financially… read more →
In most countries, small and medium enterprises are important contributors to economic welfare. This is the main reason why a digitalized trade system can open more opportunities to further SME growth.
The magnitude and pressure around climate change and the United Nations (UN) agenda can give an opportunity to make a joint effort to transform supply chains more sustainable.
