Posts Tagged ‘SME Finance’

IFC, a member of the World Bank Group, launched a new initiative to aid financial service providers in delivering funds to small businesses in emerging markets, with a particular focus on those owned by women and those in the agriculture and climate sectors.

Hear from Absa about the impact of the global trade finance gap and how it relates to the originate-to-distribute model.

Societe Generale and IFC partner to provide enhanced financial solutions for developing countries, focusing on clean energy, water and SMEs.

Sustainability is one of the most used terms in the trade finance industry in 2023. While everyone knows what it means, and most know what the challenges are behind implementing sustainable actions, there is a clear issue with implementing tangible solutions.

Businesses and public authorities across the EU may be facing tougher laws on late payments, with the European Commission proposing a new regulation enforcing maximum 30-day terms. 

In July 2023, TFG Distribution Finance was launched to drive liquidity into the trade finance market, from institutional capital, banks, and credit funds, facilitated by TFG and its partners.

The United Kingdom and South Korea are set to begin discussions on a new, comprehensive trade deal aimed at amplifying bilateral trade.  South Korea, the world’s 13th largest economy, is… read more →

Correspondent banking relationships (CBRs) are the linchpin of international trade and finance, enabling cross-border transactions and providing a gateway to foreign financial markets. 

Sibos 2023, held this year in Toronto, allows industry stakeholders to come together to discuss industry trends and issues. 

For ages, correspondent banking has played a vital role in the global payments system. Through correspondent banking relationships, banks gain access to a diverse range of financial products across various jurisdictions enabling them to offer cross-border payment solutions and services to their customers. 

Today, many exporters – large, medium, and small — struggle to secure the financing they need to compete internationally. Often, companies find themselves in a position where private financing alone is not an option.

The European Union and the European Bank for Reconstruction and Development (EBRD) are backing food security and other key industries in wartime Ukraine through a new risk-sharing agreement in favour… read more →

African economies hold the potential to play significant roles in global supply chains, leveraging their abundant resources, which are indispensable to high-tech sectors, coupled with their expanding consumer markets, according… read more →

A new report by Neo, a provider of FX and payments services, reveals that SMEs continue to rely heavily on traditional banks for cross-border payments, leading to challenges in terms… read more →

Today, the EU and Singapore commence negotiations on a digital trade agreement. This proposed agreement is poised to provide legal assurance for comprehensive digital trade and to enhance protections for… read more →