News
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13.07.2023
G20 Finance Chiefs To Discuss The Reforms
Finance Ministers and Central Bank Governors of the G20 member nations are set to meet and discuss the reforms for multilateral development banks, a framework for crypto assets, and debt treatment of some of the countries, Indian governmen...
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13.07.2023
LNG Market Still Under Risk Of Return To 2022 Conditions: IGU
The prices of Liquified Natural Gas (LNG) have eased from the record high after Russia invaded Ukraine. But the risk of a return to 2022 market condition remains high, the International Gas Union (IGU) said in a report....
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03.07.2023
BRICS Summit To Go As Planned Despite Putin’s Arrest Warrant
South Africa on Thursday said, “The BRICS summit will go as planned, amidst the speculation that it might be moved to China to allow Russian President Vladimir Putin to attend.”The Rus...
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29.06.2023
Eu Abandons The Overhaul Of Trade Finance Capital Requirements
The EU has scrapped the plan to hike capital requirements for trade finance instruments, sources report, making a victory for banks who vigorously oppose the changes.The European Commissio...
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27.06.2023
Africa’s Single Portal For All Trade Services
The import-export bank of Africa (Afreximbank) has launched a single electronic window to bring together all the key part...
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22.06.2023
Ukraine’s Central Bank Axes Ban On ECA: Attracts Foreign Investment And Financing
As per the reports, Ukraine’s central bank has lifted restrictions on domestic firms’ repayments. The loans were backed by the foreign export credit agencies (ECAs...
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20.06.2023
Kenya Signs EU Trade Deal: Brussels’ Ties Boosted
Kenya and the European Union signed a trade deal on Monday at a ceremony in Nairobi. It is the first major agreement since 2016 with an African company whe...
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16.06.2023
CBDCs: The gamechanger of International Trade and Supply Chain Finance
Central Bank digital currencies (CBDCs), are the source of countless innovations in the continually digitising world. Under the influence of growing digitalization across the world, these digital currencies tend to have an influential effect on ...
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15.06.2023
HDFC Bank Signs Agreement With Export Import Bank Of Korea For $300 Million Credit Line
India's leading private sector banks, HDFC Bank has recently contracted a significant agreement with the KEXIM (Export Import Bank of Korea) to save a $300 million credit line. Aims of the agreement is to reinforce trade and economic relat...
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07.06.2023
JPMorgan Collaborates With Indian Banks to Incorporate Blockchain
JPMorgan Chase & Co (NYSE:JPM), a multinational financial services corporation headquartered in the United States, has partnered with six Indian banks to develop a blockchain-based platform for the settlement of interbank dollar transactions....
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