Estimated reading time: 2 minutes
Your Monday morning coffee briefing from TFG:
- Marco Polo Network runs insolvent with €5.2m debts
- Surety bonds: the key to growing international business
- Finastra and Integro Technologies partner to offer combined digitisation and exposure risk trade finance solutions
- Letter of Credit: How to prepare “draft”
- Kyriba and Jiko partner to allow direct access to T-Bills through investment application
- EBRD and MIGA partner to cover trade finance risk in Ukraine and other EBRD countries
- EIB and TDB to provide $400m to African SMEs
- Allianz Trade completes acquisition of Portuguese credit insurer Cosec, from Banco BPI
Marco Polo Network runs insolvent with €5.2m debts
A court ruling on 22 February heard that the Marco Polo Network has debts of more than €5.2 million (£4.6 million). Read more →
Surety bonds: the key to growing international business
As more companies look for ways to expand into new markets, surety bonds provide a valuable safeguard and financial advantage. Read more →
Finastra and Integro Technologies partner to offer combined digitisation and exposure risk trade finance solutions
Finastra, a global financial services provider, has partnered with Integro Technologies to offer Integro’s SmartLender Trade Limits solution alongside its own Trade Innovation solution. Read more →
Letter of Credit: How to prepare “draft”
Trade and export finance expert Domenico Del Sorbo’s take on how to prepare the “draft” in accordance with the letter of credit conditions and provisions. Read more →
Kyriba and Jiko partner to allow direct access to T-Bills through investment application
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 announced a strategic partnership. Read more →
EBRD and MIGA partner to cover trade finance risk in Ukraine and other EBRD countries
The European Bank for Reconstruction and Development (EBRD) and the Multilateral Investment Guarantee Agency (MIGA) have signed a landmark first co-financing agreement. Read more →
EIB and TDB to provide $400m to African SMEs
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 most impacted by trade and supply chain challenges Read more →
Allianz Trade completes acquisition of Portuguese credit insurer Cosec, from Banco BPI
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 bank. Read more →
