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News
14 March 2017

Do you believe the hype around payment term extension?

There is no shortage of media hype surrounding payment terms and big companies squeezing their suppliers - but do you believe it?

News
13 March 2017

Opportunity of the day: BPCL seeks funding for $1bn Bina refinery expansion

Bharat Petroleum Corporation Limited (BPCL) plans to set up a petrochemicals facility at its Bina refinery in Madhya Pradesh, India. The proposed project is part of...

News
13 March 2017

New Ripple tool helps banks analyse cross-border payment costs

Ripple's new cost model helps banks analyse their end-to-end cross-border payment costs and overcome inefficiencies. Using the tool, banks enter transactional volume...

News
13 March 2017

India seals €200 million loan with KfW Development Bank

State-owned Energy Efficiency Services (EES) signed a €200 million ($212 million) loan last week with KfW to finance the planned expansion...

News
13 March 2017

How blockchain will change financial services

Blockchain will have an enormous impact on financial services, enabling new financial products to be developed and improving financial inclusion but also raising systemic...

News
13 March 2017

DSK Bank moves banking ops to IBM Cloud

Bulgaria's DSK Bank has selected IBM's private cloud capabilities and completed the migration of its core banking operations to IBM's data centres. It expects...

News
13 March 2017

Cocobod PXF set for changes

Ghana's Cocobod has sent bid invitations out to banks ahead of its annual pre-export finance (PXF) refinancing. TXF understands bids are due by 10 April...

News
13 March 2017

Russia and Turkey set up investment fund

The Russian Direct Investment Fund (RDIF) and Turkiye Wealth Fund are to put in up to $500 million each to set up the Russia-Turkey Investment Fund to boost trade and...

News
13 March 2017

SBI, KfW sign affordable housing loan agreement

The State Bank of India (SBI) has agreed a $274 million loan facility with German development bank KfW to finance affordable housing in India. The loan has a maturity of...

News
13 March 2017

Vista inks deal to acquire D+H, will merge with Misys

Vista Equity Partners has signed a definitive agreement to acquire payments tech solutions provider D+H with a view to merging it with Misys, a gobal software provider...

News
13 March 2017

Sirius Minerals to move into new HQ as mine plans progress

Sirius Minerals is moving its headquarters to the former Scarborough Building Society building in Scarborough, North Yorkshire, as it moves ahead with its £2.3...

News
13 March 2017

PTA Bank rebrands to Trade and Development Bank

The Eastern and Southern African Trade and Development Bank, commonly known as PTA Bank, has rebranded to Trade and Development Bank (TDB). It also announced plans to...

News
13 March 2017

Thailand Exim helps Food and Drinks expand overseas

The Export-Import Bank of Thailand (Thailand Exim) has provided an export credit worth 40 million baht to the country's Food and Drinks, to allow it to expand...

News
13 March 2017

New entrants threaten banks in global payments industry

At a time when regulatory pressure and the emergence of challenger banks and tech innovations like blockchain create the biggest shake-up for the global transaction...

News
13 March 2017

BNY Mellon reveals EMEA treasury services leadership promotions

BNY Mellon has promoted Daniel Verbruggen and Bana Akkad Azhari as it realigns its treasury services leadership team in Europe, the Middle East and Africa.

News
13 March 2017

How to pick a cash management system provider

Treasurers looking to choose a cash management service provider need to ensure that any platform they pick has the breadth to handle all their key instrument types...

News
13 March 2017

CDC, IFC boost Kenyan economy though warehouse investment

CDC Group, the UK's development finance institution, and the International Finance Corporation (IFC), will invest up to $35 million in Africa Logistics Properties...

News
13 March 2017

Suppliers should look to fintechs for dynamic discounting services

Using dynamic discounts can give suppliers and their customers more options to manage working capital - and bank platforms are no longer the only option. Fintechs like...

News
13 March 2017

HFW hires Richard Jadot as partner in Paris

Holman Fenwick Willan (HFW) has hired Richard Jadot, the former head of banking practice of Hogan Lovells in Paris, as a partner in Paris. His practice focuses on...

News
13 March 2017

NEXI backs loan for 500MW power plant in Indonesia

Nippon Export and Investment Insurance (NEXI) is insuring a bank loan for construction of a 500MW capacity combined cycle power plant in Muara Karang, Indonesia.