Digital lender Revolut has signalled it intends to start offering trade finance, marking the US$45bn fintech’s first step toward business lending. London-headquartered Revolut advertised for a head of ...

The International Chamber of Commerce (ICC) UK and newly launched International Centre for Digital Trade and Innovation (iC4TDI) have published a paper outlining a “roadmap” to digitalise trade. The ...

China’s vow to boost the “scale and coverage” of export credit insurance will likely focus on technology exports and overseas investments, experts say, as Beijing works to transform its ...

HSBC has appointed former Citi director Arpana Amin as global head of supply chain finance. London-based Amin joins after more than 13 years at Citi, most recently as a director, product head for Emea ...

The European Bank for Reconstruction and Development (EBRD) has established a €110mn guarantee facility aimed at boosting war risk insurance for cargo and transport companies in Ukraine. As part of ...

UAE ministers have hailed progress in expanding access to finance for smaller businesses after Abu Dhabi-based embedded finance startup CredibleX announced it has raised US$55mn in a seed funding ...

MUFG has announced the appointment of Atakan Akkaya as head of commodity and structured trade finance for the Europe, Middle East and Africa (Emea) region. He replaces Jean-Marie Le Fouest, who has ...

Nearly 50% of firms are now using electronic bills of lading (eBLs) yet only a fifth of banks currently support them, according to a survey of companies involved in international trade. Moving from ...

Italian export credit agency Sace has signed an agreement with the African Development Bank (AfDB) to provide credit protection across a range of critical sectors including energy and infrastructure.

The International Finance Corporation (IFC) has agreed to shoulder half the risk on up to US$1bn of HSBC’s trade assets, to help unlock lending in emerging markets. The assets will be originated by ...

The company behind Poland’s first nuclear power project has secured a letter of intent worth US$1.45bn from Export Development Canada (EDC). The deal is still subject to a “detailed due diligence ...

The government of Cameroon has closed a €94.8mn export credit agency-backed deal to finance the improvement of a road in the south of the country. Deutsche Bank is the sole lender on the transaction, ...