Banks face challenges to their product offering amid greater disruption in the trade finance space from the influence of distributed ledger technologies and the rise of...

Commodity giants such as Vitol, Glencore and Trafigura will have to embrace the digital revolution, consultancy Oliver Wyman warns. Adopting blockchain early will give...

More than 100 countries are using the renminbi (RMB) for payments with China and Hong Kong, according to SWIFT. Fifty-seven use the currency for more than 10% of their...

Iran has signed initial agreements with export credit agencies Euler Hermes, in Germany, and the Swiss Export Risk Insurance to provide cover for deals in Europe.

Angola's development bank - Banco de Desenvolvimento de Angola - is facing losses of $400 million because of "execrable credit risk management and...

Sao Paulo-based JBS - the world's biggest beef exporter - has scrapped plans to move part of its business to Ireland after Brazilian development bank BNDES vetoed...

European chemical groups remain profitable despite stagnating sales - and sector risk is fairly low, says insurer Euler Hermes. In the US, groups are still benefiting...

A record 270 participants attended Berne Union's AGM in Lisbon - representing 68 of the group's 82 members. Members reported continued strong turnover...

The Export-Import Bank of Malaysia (Malaysia Exim) has disbursed loans of about MR10 billion so far this year - beating its 2016 target of MR7.5 billion.

Iran and Finland have signed four cooperation agreements, including one with Finnish export credit agency Finnvera. The MOUs are in the energy, investment,...

The real-time gross settlement system of Uruguay's Central Bank is now live on SWIFT, as part of the bank's strategy to attract foreign investors into the...

Commodity trader Trafigura has taken big steps into the Indian market with their downstream acquisition of Essar Oil alongside sanctioned oil producer Rosneft. The...

Post-Brexit, the UK can develop a more independent trade policy towards Asia - the world's fastest growing region - that can be beneficial to both parties.

Berlin-headquartered Apricum, a transaction advisory and strategy consulting firm specialising in renewable energy, has hired Yusuf Macun as partner. He will lead its...

Twelve member banks of the R3 blockchain group, including Barclays and Natixis, have tested cross-border payments using start-up Ripple's digital currency token...

The Russian Direct Investment Fund (RDIF) is part of a consortium putting up to €250 million into France-based glass tableware manufacturer Arc. The money will...

Italian banking group Intesa Sanpaolo has become the country's first bank to issue an electronic import documentary credit. It used Bolero's ePresentation in...

The Export-Import Bank of Korea (Kexim) is opening up a $100 million credit line to the African Export-Import Bank (Afreximbank) to boost trade between South Korea and...

The European Bank for Reconstruction and Development (EBRD) is providing $55 million to Turkey's Isbank to finance private companies investing in green projects in...

The International Chamber of Commerce's ICC Academy has launched its advance programme on trade financing. It offers training and certification on key aspects of...