US President Donald Trump’s protectionist trade policies will likely boost demand for credit insurance as firms grapple with non-payment threats, experts predict.

Egyptian non-bank lender Beltone Leasing and Factoring has hired Farouk Elmasry as an international factoring senior manager, a newly created role as the firm works to establish its presence in the global market. Having started in March, Elmasry is responsible for managing various aspects of Beltone’s international factoring business, including correspondent relationships, product development and ...

Metals and mining conglomerate Metinvest Group has closed a €23.6mn buyer credit facility with Deutsche Bank, backed by Finnvera.

XDC Network is hoping to “re-energise” trade finance platform Contour after acquiring it from Xalts for an undisclosed amount last week.

The Defence, Security and Resilience (DSR) Bank was officially launched last week by Nato’s former head of innovation, Rob Murray.

Ørsted has closed a €2.6bn project finance package backed by five ECAs, supporting a 632MW offshore wind farm development in Taiwan.

Ørsted has closed a €2.6bn project finance package backed by five ECAs, supporting a 632MW offshore wind farm development in Taiwan.

Maritime surveillance specialist SRT Marine Systems is set to digitise Indonesia’s coastguard operations after securing a €157.9mn package from the UK’s export credit agency and Santander. 

Miga has launched a US$500mn guarantee framework for trade financing originated by IDB Invest, promoting growth in LatAm and the Caribbean.

The UK government is injecting an extra £20bn of capacity into UK Export Finance as part of a national trade strategy.

AIG and Canadian asset manager Onex have joined forces to acquire specialty re/insurer Convex in a US$7bn deal.

UKEF has become the latest export credit agency to support the Fengmaio 1 wind farm off the coast of Taiwan.

Space technology firm Thaicom has secured a US$184mn loan package from two commercial banks backed by France’s export credit agency for a satellite project in Thailand.

Three more banks have announced their support for the International Chamber of Commerce (ICC)'s Principles for Sustainable Trade Finance.

More than a quarter of companies in key developed markets say they may halt production in response to Trump’s tariffs, according to a survey.

The European Investment Bank (EIB) has unveiled plans to expand its role in trade and export finance, in a bid to boost trade with high-risk countries and help Europe compete with China.    The EIB said earlier this month that it will present plans to its board for a pan-European Trade and Investment Initiative, launch…

JP Morgan Payments has launched a supply chain finance (SCF) solution integrated directly into Oracle’s enterprise resource planning (ERP) software, slashing the time it takes for clients to establish working capital programmes.

Five of the largest banks in Canada have joined their US counterparts in leaving the UN-convened Net Zero Banking Alliance.

Five of the largest banks in Canada have joined their US counterparts in leaving the UN-convened Net Zero Banking Alliance.

Denmark’s export credit agency has guaranteed a Barclays loan to GeoPura, a UK-based company aiming to produce green hydrogen “at scale”.   The Export and Investment Fund of Denmark (EIFO) is covering £16.5mn of a £27mn loan provided by Barclays to GeoPura, which has developed a production facility in England that is set to begin…

The benefits of trade digitalisation are vast, enabling banks and their clients to transact more efficiently and securely, yet at the global level, progress remains patchy.  The European Bank for Reconstruction and Development (EBRD) has responded to this challenge by developing the Innovation Lab, a first-of-its-kind initiative set up to help its partner banks across…

Denmark’s export credit agency has guaranteed a Barclays loan to GeoPura, a UK-based company aiming to produce green hydrogen “at scale”.   The Export and Investment Fund of Denmark (EIFO) is covering £16.5mn of a £27mn loan provided by Barclays to GeoPura, which has developed a production facility in England that is set to begin…

HSBC has launched a non-recourse receivables finance solution aimed at its large corporate customers, which it says will help reduce their exposure to risk while optimising working capital.  Launched on July 15, the HSBC Receivables Advantage solution is available to corporates that export on open account terms or trade domestically.  Users of the solution are ...

As head of trade and working capital at one of the world’s biggest trade banks, Sofia Hammoucha was in the hot seat when, earlier this year, US President Donald Trump announced sweeping tariffs on key trading partners. Some of the highest proposed rates were threatened against Standard Chartered’s key markets in Asia.   While trade ructions…