Vietnam’s trade finance breaks barriers
Vietnamese banks turned down approximately 12% of trade finance requests in 2022, primarily from small and medium-sized enterprises, resulting in approximately USD 20.3 billion in unmet demand...
Tag : Trade Finance
BCI to establish corporate bank in Peru
Temenos Transact and Temenos Infinity will be deployed to build up the bank’s growth strategy...
Singporean trade finance startup Incomlend secures $20 mn funding
The funding round was led by Sequoia Capital India...
The Access Bank UK Ltd: Winner of International Finance Awards 2019
The Access Bank UK is doing outstanding work in boosting trade between UK, Africa and the MENA region through its award-winning trade finance services...
CIMB Singapore’s trade finance platform to generate $100 mn
The bank completed its first trade financing transaction using IoT cargo sensors and blockchain...
Bank of Ireland’s recent forex launch supports SMEs
“This facility will make the process easier and more accessible for our customers,” says Conor Haugh, head of retail customer business at Bank of Ireland Global Markets...
Indian firms deeply concerned about rising protectionism, says HSBC
Trade initiatives that are likely to lower trade barriers are viewed positively in India, as a consequence of the especially-high concern about protectionism...
ADB launches new funded trade finance product with J.P. Morgan
Will promote trade in developing Asia...