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ECI to provide Rakez members access to flexible trade financeEtihad Credit Insurance (ECI), the UAE Federal export credit company, has partnered with Ras Al Khaimah Economic Zone (Rakez) to support the emirate’s path towards economic diversification by stimulating its non-oil foreign trade. More… |
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ECI to provide Rakez members access to flexible trade financeEtihad Credit Insurance (ECI), the UAE Federal export credit company, has partnered with Ras Al Khaimah Economic Zone (Rakez) to support the emirate’s path towards economic diversification by stimulating its non-oil foreign trade. More… |
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WTO, IFC enhance cooperation on trade financeThe World Trade Organization (WTO) and International Finance Corporation (IFC) have agreed to enhance cooperation between the two organizations in order to explore ways to improve the availability of trade financing for regions in need. More… |
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WTO, IFC enhance cooperation on trade financeThe World Trade Organization (WTO) and International Finance Corporation (IFC) have agreed to enhance cooperation between the two organizations in order to explore ways to improve the availability of trade financing for regions in need. More… |
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SWIFT integrates ICC’s trade finance guidelinesSWIFT, the world’s leading provider of secure financial messaging services, said that its KYC Registry will become the first global utility to integrate the International Chamber of Commerce’s (ICC) Sustainable Trade Finance Guidelin More… |
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SABB named ‘Best Trade Finance Bank’ in Saudi ArabiaSABB has been named by Global Trade Review (GTR) magazine as the “Best Trade Finance bank in Saudi Arabia” for the year 2020. This is the second consecutive year that SABB’s Global Trade More… |
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Opec Fund boosts support for Africa trade finance schemeThe Opec Fund for International Development (Opec Fund) said it has increased its trade finance programme from $50 to $100 million to enable international financial services firm Natixis to boost support for trade and development in Africa. More… |
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ICC urges fair regulatory treatment of trade financeThe trade finance industry must work together to ensure that regulation does not hinder the availability of trade finance and remains relevant in a digital landscape, said a whitepaper release by the International Chamber of Commerce (ICC) Banki More… |
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Trade finance rejection rates increasing: reportGlobal trade finance rejection rates accelerated in more than one-third or (33 per cent) of institutions surveyed between April 2018 and January 2019 by BNY Mellon, a global investments company. Additionally, nearly three-quarters More… |
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Adding value to Middle East trade financingTrade finance in the Middle East is at an inflexion point. As the discipline innovates and evolves, it becomes a tool to help businesses grow, rather than being a heavy weight in the firm’s debt repayment schedule. There’s still much More… |
