AfrexInsure, the specialty insurance subsidiary of African Export-Import Bank (Afreximbank), has appointed former African Risk Capacity boss Lesley Ndlovu as its new chief executive officer as it ...
Specialist insurance broker BPL has opened office in Tokyo to tap interest in credit and political risk insurance from ...
EY has brought in Amol Bahuguna as a director in its Mena financial services practice, as the consultancy giant eyes a ...
The former chief executive of HSBC’s fintech venture SemFi, Vinay Mendoca, has joined Finastra as head of product trade and ...
The US government has further eased sanctions on Russian oil exports as the Strait of Hormuz crisis squeezes global energy markets, a move that has caused alarm among EU officials and campaign groups.
Switzerland’s export credit agency (ECA) Serv is supporting a Turkish company’s purchase of trains for a new freight service linking Istanbul with the Ruhr, Germany’s industrial heartland. Serv is ...
A group of supply chain finance providers have more than US$866mn exposure to US car parts supplier First Brands Group, which has filed for bankruptcy protection. First Brands Group has faced investor ...
Rabobank plans to streamline its trade and commodity finance offering by terminating operations in London, Shanghai and Sydney, GTR can reveal. In a letter to clients sent on January 11, the ...
The International Investment Group began with a noble aim: bringing trade finance to South American commodity producers that struggled to secure loans from large banks. The business model attracted ...
we.trade, a blockchain-based platform for open account trade, has closed its doors after being unable to secure further investment to continue as a going concern, GTR has learned. we.trade is a ...
Working capital provider Katsumi Global says it is owed more than US$1.7bn following First Brands’ bankruptcy, court documents show, as creditors seek to locate billions of dollars they say have ...
The global shortfall in supply of trade finance has remained steady at US$2.5tn, according to the latest edition of a closely watched benchmark survey. The value of the trade finance gap is estimated ...