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Sector: Trade Finance

Crucial Global Trade Backstop Under Pressure

(27 April 2020 – Global) Banks and insurance companies assert that global merchandise trade flows could be dented further if...

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MAS Allays Concerns Following Oil Trader’s Credit Fallout

(24 April 2020 – Singapore) The Monetary Authority of Singapore (MAS) has reminded banks not to de-risk indiscriminately from the...

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ICC Lobbies for Electronic Trade Finance Rules Revamp

(20 April 2020 – Global) The International Chamber of Commerce (ICC) has called for governments and central banks globally to...

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A$500m ECA Stimulus for Besieged Exporters

(16 April 2020 – Australia) Australian exporters grappling with cashflow constraints resulting directly from the COVID-19 health crisis have been extended...

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Rabo Executes US$12m Blockchain Trade Finance Transaction

(14 April 2020 – Europe) Rabobank has successfully financed a cross-continent trade finance transaction between Cargill and Agrocorp using the...

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Citi and JSC TBC Bank Mandate US$67 million Trade Finance Facility

(07 April 2020 – United Kingdom) TBC have announced an agreement between their subsidiary banking unit ‘JSC TBC Bank’ and...

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New digital trade finance offering launched by HSBC

(23 March 2020 – Hong Kong) HSBC has announced its new digital trade finance solution for online merchants. The offering...

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Santander continues investment in trade capabilities

(13 March 2020 – Europe) Banco Santander has announced plans to acquire a majority 50.1 percent stake in Spanish trade...

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Standard Chartered first bank to join TradeLens

(11 March 2020 – Global) Standard Chartered has become the first financial institution to join the TradeLens blockchain-enabled container logisitics...

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DBS pushes contact-free digital banking

(28 February 2020 – Singapore) DBS has outlined a series of digital measures designed to give its business clients “contact...

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