News
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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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31.12.2020
Turkey Initiated Free Trade Deal With UK
To avoid any types of trade disruptions, Turkey and the United Kingdom have undergone a free trade deal that will come into the effect this Friday, Jan. 1."This is a true day for Turkish-UK relations," Trade Minister Ruhsar Pekcan told i...
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29.12.2020
Trade Finance Is Subject To The Present Global Economic Environment
In the present historical scenario, despite the sustainability of finance factors towards vulnerability, there are still a few finance sectors that are holding a crucial role in encouraging business and transactions between nations. Among all of these finance s...
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25.12.2020
SBI Extends Global Trade Finance Solutions To Israeli Corporates
To make the Israeli corporates capable to cash the business opportunities arising out of the latest Abraham accords consisting of the regularization of ties between Israel and Arab states, the State Bank of India is providing ...
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23.12.2020
UAE Export Credit Firm Announces Trade Finance Support To SMEs
Recently, a worth of AED 420 million ($114 million) trade credit backing has been initiated by the Etihad Credit Insurance (ECI), a Federal export credit company of UAE to small and medium enterprises (SMEs) from January to November of 2020 to str...
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21.12.2020
Singapore And The US Signs Trade Finance Deal
To boost economic cooperation and to grow trade finance, a memorandum of understanding (MoU) is inked by Singapore and the US On Wednesday.The MoU is additionally supposed to facilitate investment support for the organizations in the two nations. &n...
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