The European Union announced on Thursday that it has given final approval to implement the remaining batch of Basel III rules in Jan 2025.
The Lloyds Bank Trade Insight report focuses on these changing economic conditions and their implications on working capital from a treasury perspective.
The SBA will extend its guarantee coverage to include bid, performance, payment, and ancillary bonds up to $9 million for general projects and to $14 million for federal contracts, an increase from the previous limits of $6.5 million and $10 million.
Navigating the world of global finance? Learn about the Basel III Endgame & the impact of these financial regulations.
IXM S.A. (“IXM”) has successfully finalised and signed a $850 million revolving credit facility (“RCF” or “Facility”).
Today, HSBC unveiled a pioneering banking solution in Hong Kong, introducing point-of-sale financing for business-to-business (B2B) transactions. This offering will empower B2B sellers on online platforms to provide extended payment… read more →
The Arab region has seen significant progress in education, particularly for women, thanks to the ambitious Visions for 2030 and the United Nations’ Sustainable Development Goals (SDGs). Governments have prioritised education reform to break generational cycles of poverty, inequality, and stagnant economic growth, leading to Arab women excelling in education and driving regional prosperity.
A court ruling on 22 February heard that the Marco Polo Network has debts of more than €5.2 million (£4.6 million).
To address the growing need for companies to provide frictionless cross-border payments, RBC has launched Swift Go. This new solution enables Canadian businesses to send cross-border payments of up to $10,000… read more →
Virgin Money has been accredited under UK Export Finance’s (UKEF) General Export Facility (GEF) programme, allowing more businesses to access export finance support. Samir Parkash, the interim CEO of UKEF,… read more →
After reaching 10-year highs in 2020, the working capital of the S&P 1500 companies returned to pre-COVID-19 levels in 2021. Today, J.P Morgan’s 2022 edition of the Working Capital Index… read more →
In our latest podcast, TFG’s Deepesh Patel spoke to Finastra’s Iain MacLennan on fintech collaboration vs competition, the challenge of digitalisation, and helping SMEs emerge from the COVID-19 pandemic
The International Islamic Trade Finance Corporation (ITFC) has signed a €100-million Murabaha financing deal with the Senegal National Power Company (SENELEC). The deal is aimed at meeting Senegal’s growing demand… read more →
Ameropa has just signed a USD 750 million Multicurrency Revolving Borrowing Base Credit Facility with 19 banks (the” Facility”) arranged through an amendment and extension process. The increase from the original USD 600 million Multicurrency Revolving Borrowing Base Credit Facility, dated 14 June… read more →
African Export-Import Bank (Afreximbank) on 31 March 2020 released its audited financial statements for the year ended 31 December 2020, showing strong and resilient growth, with total comprehensive income of… read more →