News
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05.02.2021
Asian Trade Finance Demand Rises As Recovery Takes Hold
Regardless of the effect of global threat of COVID-19 pandemic on the worldwide economy, the trade transaction measurements in Asia completed 2020 ahead of 2019 levels as per told by HSBC. According to the proprietary information collected from the global trade bank...
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03.02.2021
Supply Chain Trade Finance: An Industry View
The trade finance industry has been experiencing a difficult time due to the lockdown and global pandemic of COVID-19. It is a tough situation for both importers and exporters. There is no credit available for the buyers in the international market while suppli...
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28.01.2021
HSBC Issued First 'green' Trade Finance Facility For UAE's Lamprell
Even the trade finance industry is experiencing a “green touch”. Recently the British multinational investment bank HSBC has announced a $48 million green trade finance facility to the Middle East and...
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25.01.2021
Trade Finance Market to Experience Development in Revenue Share During the Forecast Period
The market/area of trade finance revolves around the overview, classification, value, price, cost, and the gross benefit of the industry. It also deals with the types, organizations, and implementations.The sudden outbreak of the CO...
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21.01.2021
CDC Supports TDB To Boost Trade Recovery In Africa
Recently, a USD 100 million finance commitment has been announced by the CDC group, A public funded UK’s development finance institution to the Eastern and Southern African Trade and Development Bank (TDB). This agreement of investment is focused on a...
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19.01.2021
Starsight Gets Increased Funding For Hybrid Solar Solutions In Nigeria And Ghana
In June 2019, Starsight, Finnfund, and Norfund shut their original $10 million facilities and since then, it has increased its facility to more than 500 sites, 36 MW of installed generating capacity, and 28 MWh of storage capacity across Nigeria a...
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15.01.2021
Drip Capital Hits $1 Billion Breakthrough In Trade Financing For Small Businesses
Credit And Finance For MSMEs - Supported by Y-Combinator and small & medium enterprise-centered trade finance company, Drip Capital has recently been reported of a crossover of $1-billion in overseas trade receivables funding transactions th...
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12.01.2021
Cutting Through Global Trade Friction At SMBs' Point Of Need
When it comes to funding the estimated amount of $27 trillions of overseas B2B trade transactions with the help of the worldwide supply chain, many businesses have choices ranging from traditional bank loans to invoice factoring and several other types of trade...
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08.01.2021
Finance Industry Is At Pre-covid Levels: ET-ILC Members
Recently, a report issued by the International Monetary Fund stating about the progressive recovery of the Indian economy according to which the fiscal and monetary policy amendments are a contributory factor for the positive changes along with the measures f...
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05.01.2021
Banks Expect Trade Finance Revenue Growth In 2021
According to the recent forecast report made by the Coalition, the trade finance industry is expected to regain its stability in 2021 after experiencing almost a decade of diminished or constant revenues.Coalition is a...
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