News
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02.03.2023
Sri Lankan Banks Secures $400 Mn Financing From IFC
As per the latest news, the International Finance Corporation (IFC) is providing a cross-currency swap facility worth $400 million to three of Sri Lanka’s renowned national banks with the purpose to strengthen the country’s deteriorati...
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28.02.2023
UK Cities Plans to Lay Out Fintech Hubs To Drive Innovation
According to the latest reports, various financial innovation hubs will be laid out in cities across the UK and placements on offer at driving fintech firms to students at leading universities as a part of government-sponsored plans....
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25.02.2023
With the debt of €5.2m Marco Polo Network Operations declared as insolvent!
Marco Polo Network Operations is the Irish company and appointed administrators as per the declaration of court ruling that declared the company to be insolvent on 22nd Feb 2023. Marco Polo Network proposed to close the strategic deal of $12 mil...
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18.02.2023
Colombia Signed Deal With Venezuela To Improve Trade
As per the latest news, Colombia and Venezuela entered into an agreement to restore trade between these two nations and lift import duties on dozens of manufactured goods during a ceremony on a border bridge. The agreement is signed by both Colombia'...
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15.02.2023
Global Survey On Digital And Sustainable Trade 2023 By UN
As per the latest news, the fifth UN Global Survey on Digital and Sustainable Trade Facilitation 2023 has been introduced by the five United Nations Regional Commissions and the United Nations Conference on Trade and Development (UNCTAD)....
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10.02.2023
Supply Chain Finance to Reach USD 13.4 billion by 2031 at 8.8% CAGR
The supply chain finance market was estimated at $6 billion in 2021 and is forecast to reach $13.4 billion by 2031, developing at a CAGR of 8.8% from 2022 to 2031, as per the latest reports released by Allied Market Research....
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08.02.2023
ICC UK Introduces Initiative To Cope Duplicate Finance Fraud
Recently, the ICC United Kingdom has reported launching a new drive to enhance the UK finance industry against the adverse effects of duplicate financing fraud.The Centre for Dig...
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04.02.2023
EBID Secures $130m Funding To Curb Trade Financing Gap in Africa
As per the latest news, the ECOWAS Bank for Investment and Development (EBID) has revealed a dual-currency trade finance credit line worth around $ 130 million.The funding will be u...
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01.02.2023
Commercial Bank Wins ‘Best Trade Finance Provider’ 2023 in Qatar
As per the latest news, Commercial Bank, the most innovative digital bank in Qatar has been honored with the “Best Trade Finance Provider in Qatar” by Global Finance for the fourth consecutive year. Global Finance is the ...
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26.01.2023
Global Economic Growth To Fall to 1.9% In 2023 - UN Forecasts
The international economic growth is likely to fall to 1.9% in the year 2023 according to the recent forecast performed by the United Nations as a combined result of the food & energy scarcity triggered by the war in Ukraine & Russia, the c...
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