News
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10.11.2021
Singapore Banks Associated with SGTraDex to Digitize Green Trade Finance
The latest reports say, a consortium of four leading commercial banks in Singapore and the Singapore Trade Data Exchange (SGTraDex) have come together to develop digital solutions for incorporating straightforward, and compatible green ...
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01.11.2021
ECI Introduces UAE Trade Finance Gateway To Simplify Credit Access To SMEs
The latest reports say, Etihad Credit Insurance (ECI), the UAE Federal export credit organization has agreed with First Abu Dhabi Bank (FAB) & Crediti Fintech to further introduce the “UAE Trade Finance Gateway”.T...
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29.10.2021
Asia Shares Drops Despite Positive Signs on Global Economy
Recently, Asian shares fell, despite the positive recovery signs of the global economy, including the rallies on Wall Street.Japan's benchmark Nikkei 225 dropped down 0.9% in...
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29.10.2021
EBRD To Digitize Trade Finance Through we.trade’s Preview Offering Platform
According to the latest news, The European Bank for Reconstruction and Development (EBRD) is willing to facilitate its support for the digital transition of trade finance by working with test transactions between the National Bank of Greece, T...
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28.10.2021
Allied Market Research Report Says, Trade Finance Market Size to Hit $90.21 Bn by 2030 at 7.4% CAGR
Recently, a report has been issued by the Allied Market Research, named, “Trade Finance Market by Product Type (Commercial Letters of Credit (LCs), Standby Letters of Credit (LCs), Guarantees, and Others), Provider (Banks, Trade Finance Houses,...
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21.10.2021
UK Port Delays Could Affect $2 Billion In Commercial Imports
According to the latest reports on Oct.18th, analysts at risk management company Russell Group Ltd. cautioned that the disruption of UK trade imports of around $2 billion could take place just ahead of Christmas if the prevailing port dela...
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19.10.2021
Indian Finance Minister To CEOs of Major US Giants, India Has Ample of Investing Opportunities
According to the latest reports, the Indian Finance Minister explained to the CEOs of the leading American organizations about the abundance of opportunities in India for all investors and industry stakeholders with the existing reset in the global supp...
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15.10.2021
DP World To Facilitate Trade Finance For SMEs Through CARGOES
According to the latest news on Oct. 15, 2021, DP World Financial Services Limited, a DP World company will start facilitating smaller organizations with easier access to trade finance as part of its agenda to become the global provider of ...
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14.10.2021
Global Trade Finance Gap Enlarged To $1.7 Trillion In 2020
According to the latest Trade Finance Gaps, Growth, and Jobs Survey, announced by the Asian Development Bank (ADB) today on Oct. 14, 2021, global trade finance witnessed a record-breaking gap of $1.7 trillion in 2020, ...
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13.10.2021
BNY Mellon Participates With Marco Polo For Blockchain-based Trade Finance
According to the latest reports on Oct. 11, 2021, BNY Mellon has joined a consortium operating to bring blockchain technology into ...
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