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News
28 September 2016

Accuity simplifies Know Your Customer

Accuity, the financial compliance solutions provider, has announced a new capability to give banks details of groups and individuals who have an owing interest of 0.1%...

News
28 September 2016

Jim Yong Kim wins fresh term as World Bank Group president

Dr Jim Yong Kim has been unanimously reappointed to a second five-year term as president of the World Bank Group. The second term begins in July 2017.

News
28 September 2016

Canadian Solar secures EDC guarantees

Export Development Canada (EDC) has agreed to provide up to $100 million in guarantees or letters of credit to support solar power group Canadian Solar's global...

News
28 September 2016

Marius Savin joins Octet as Europe executive

Octet, an Australian fintech group, has hired its first executive in Europe, Marius Savin. He will be responsible for boosting Octet's growth in Europe by working...

News
28 September 2016

Euler Hermes and URICA launch supply chain funding product

Insurer Euler Hermes and fintech group URICA are working together to offer French companies a new online financing solution. The product helps small and medium-sized...

News
28 September 2016

Risk and trade: The next chapter of Africa's growth story

The perception of Africa as high-risk - and that trade there is complex - often stops businesses from identifying opportunities, but the numbers paint a different...

News
28 September 2016

HSBC expands global trade finance network

HSBC has created a multi-hub capability which allows investors - such as asset managers and insurers - to take part in the financing of cross-border trade, it...

Perspective
27 September 2016

Eurochem taps PXF as fertilisers weather market conditions

Swiss-headquartered, Russia-focused fertiliser producer Eurochem’s recent PXF sees the potash supplier attempt to restructure its debt and manage liquidity at a time of...

Perspective
27 September 2016

Drought but no doubt: Cocobod seals PXF with 36% oversubscription

Despite a crop-damaging drought and fears about production levels, the Ghana Cocoa Board (Cocobod) has refinanced its annual PXF in a vastly oversubscribed facility. The...

News
27 September 2016

UKEF rules out setting date for renewing Airbus credits

UK Export Finance (UKEF), Britain's export credit agency, insists there is no target date to restore support for Airbus amid a corruption probe. Sources said...

News
27 September 2016

StanChart and CMB seal One Belt One Road agreement

Standard Chartered (StanChart) and China Merchants Bank (CMB) have sealed a One Belt One Road agreement to boost regional cooperation and growth for countries along...

News
27 September 2016

Latin America: Why are manufacturing exports still lackluster?

Expensive labour, poor infrastructure, and limited trade deals undermined manufacturing exports in Latin America, insurer Coface found. And a strong rebound is...

News
27 September 2016

KUKE insures first African contract of Vistal Gdynia

KUKE, the Polish export credit agency, has insured a contract of steel structure producer Vistal Gdynia for the supply of harbour cranes for a port infrastructure...

News
27 September 2016

SWIFT to unveil new hosted Name Screening service

SWIFT is set to launch Name Screening - a service designed to boost financial institutions' compliance efforts through screening against a variety of lists,...

News
27 September 2016

EFIC app to help Australian SMEs boost exports

Export Finance and Insurance Corporation (EFIC), Australia's export credit agency, has launched an app to help small and medium-sized enterprises (SMEs) boost...

News
27 September 2016

US Ex-Im and OPIC set to fund Kenyan road project

The Export-Import Bank of the United States (US Ex-Im) and America's Overseas Private Investment Corporation (OPIC) may help finance a six-lane, Nairobi-Mombasa...

News
27 September 2016

Standard Chartered teams up with GlobalTrade Corporation

Standard Chartered revealed at Sibos 2016 that it has teamed up with GlobalTrade Corporation (GTC) to offer GTC's @GlobalTrade multibank trade finance platform to...

News
27 September 2016

BAML and Microsoft to work on blockchain technology

Bank of America Merrill Lynch (BAML) and Microsoft announced at Sibos 2016 a collaboration to build and test new blockchain technology for trade finance transactions..

News
27 September 2016

UAE shows stellar growth in RMB adoption

The United Arab Emirates (UAE) has seen a huge growth in renminbi (RMB) adoption - a 210% rise in payments value of the currency since August 2014, according to...

News
27 September 2016

Emmanuel Lemoine joins ING Wholesale Banking

Emmanuel Lemoine has been appointed the Paris-based director regional trade sales at ING Wholesale Banking. He has more than 20 years experience in banking,...