African Development Bank Partners with Bank One on Trade Finance

The African Development Bank Group is supporting the trade finance efforts of Bank One Limited.

The Group will provide a $40 million trade finance package that is meant to help Bank One of Mauritius increase its capacity to provide trade finance to small to medium-sized businesses (SMBs).

Read more: https://prnewsdistribution.co.uk/african-development-bank-partners-with-bank-one-on-trade-finance

#AfricanDevelopmentBank #B2bPayments #CrossborderPayments #DigitalPayments #Smes #NgulminthangLhanghal

Bpifrance selects Thought Machine to power finance offerings to SMEs

Thought Machine, the UK-headquartered technology unicorn has been selected by Bpifrance, the French public investment bank, to use its cloud-native core banking platform. Bpifrance will be using Thought Machine’s Vault Core platform to power its digital transformation strategy.

Read more: https://ngulminthanglhanghal.mystrikingly.com/blog/bpifrance-selects-thought-machine-to-power-finance-offerings-to-smes

#Bpifrance #CoreBankingPlatform #DigitalTransformation #FinTech #InvestmentBanking #SMEs #NgulminthangLhanghal

Vayana TradeXchange initiates its first transaction in partnership with VoloFin

Vayana TradeXchange, the International Trade Financing Services (ITFS) platform facilitating cross-border trade finance under the supervision of the International Financial Services Centre Authority, GIFT City, announced the completion and disbursement of its first set of export financing transactions.

Read more: https://ngulminthanglhangh.wixsite.com/ngulminthanglhanghal/post/vayana-tradexchange-initiates-its-first-transaction-in-partnership-with-volofin

#NgulminthangLhanghal #banking #VayanaTradeXchange #SupplyChainFinance

African Development Bank Accepts Risk Participation Agreement with Crédit Agricole CIB

As per the latest news, the Board of Directors of the African Development Bank Group has supported a Risk Participation Agreement of $50 million with Crédit Agricole Corporate and Investment Bank.

Read more: https://ngulminthanglhanghal.mystrikingly.com/blog/adb-accepts-risk-participation-agreement-with-credit-agricole-cib

#AfricanDevelopmentBank #AfricanBanks #CréditAgricoleCIB #tradefinance #AfricanSMEs #NgulminthangLhanghal #Ngulminthang

Global Trade Management Market Report 2022

As per the latest report, the global trade management market size is expected to demonstrate a shift to USD 1.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.0% from 2021 to 2026.

Read more: https://ngulminthang.weebly.com/news/global-trade-management-market-report-2022

#GlobalTradeManagement #internationaltrade #DigitalizationandIncreasing #supplychain #Ngulminthang #NgulminthangLhanghal

Banking Circle to Add USDC; Tillable Expands Farm Loans

Banking Circle is adopting USD Coin (USDC), while farming loan platform Tillable is growing its lending program. Plus, decentralized finance (DeFi) lender Teller is launching a buy now, pay later (BNPL) initiative for purchasing non-fungible tokens (NFTs).

Read more: https://ngulminthanglhanghal.wordpress.com/2022/07/11/banking-circle-to-add-usdc-tillable-expands-farm-loans/

#finance #B2BPAYMENTS #EMBEDDEDFINANCE #FINTECH #GOLFGENIUS #NgulminthangLhanghal

Challenger Management Joins Hands With DP World To Finance Trade

According to the latest news, DP World, a leading international logistics company and advanced supply chain solutions provider reported an association between CARGOES Finance by DP World and Challenger Management Limited, to help customers get working capital solutions from the international finance fund.

Read more: https://ngulminthang.weebly.com/news/challenger-management-joins-hands-with-dp-world-to-finance-trade

#ChallengerManagement #DPWorld #FinanceTrade #DigitalTechnology #NgulminthangLhanghal

NBK named Best Trade Finance Bank in Kuwait for 2022

National Bank of Kuwait (NBK) was named “Best Trade Finance Bank in Kuwait for 2022” in the annual survey of Global Trade Review (GTR), a magazine specializing in global emerging markets and trade, commodity finance and transaction banking.

Read more: https://ngulminthanglhanghal.mystrikingly.com/blog/nbk-named-best-trade-finance-bank-in-kuwait-for-2022

#NBK #GTR #TradeFinancebank #FinTech #exportfinance #supplychainfinance #NgulminthangLhanghal

IMF appoints Krishna Srinivasan as director of Asia and Pacific Department

Kristalina Georgieva, managing director of the International Monetary Fund (IMF), on Wednesday announced her intention to appoint Indian national Krishna Srinivasan as director of the Asia and Pacific Department (APD).

Read more: https://vk.com/@ngulminthanglhanghal-imf-appoints-krishna-srinivasan-as-director-of-asia

#supplychainfinance #InternationalFinance #TradewindFinance #IMF #APD #NgulminthangLhanghal

Deutsche Bank splits trade finance leadership across Europe, Asia

Jain (pictured), based in Singapore, and Frankfurt-based Resovac take over the role from Daniel Schmand, who earlier this year became global head of institutional cash management and head of corporate bank operations at the German lender. They will report to Stefan Hoops, head of Deutsche’s corporate bank.

Read more: https://ngulminthanglhanghal.wordpress.com/2022/04/29/deutsche-bank-splits-trade-finance-leadership-across-europe-asia/

#NgulminthangLhanghal #finance #Ngulminthang #tradefinance #globaltradefinance

UK e-money firm 3S Money launches trade finance fund

London-headquartered payments company 3S Money has launched a trade finance fund providing multi-currency loan facilities for SMEs struggling to access support from international banks.

Read more: https://ngulminthanglhanghal.wordpress.com/2022/03/29/uk-e-money-firm-3s-money-launches-trade-finance-fund/

#AsianDevelopmentBank #electronicmoneyinstitution #finance #SME #Tradefinance #NgulminthangLhanghal #Ngulminthang

Trade finance and the efforts to boost intra-African trade

As stated by President of the African Development Bank (AfDB), Akinwumi A. Adesina, “trade finance is an important instrument for influencing Africa’s long-term economic development and structural transformation”

Read more: https://ngulminthanglhanghal.mystrikingly.com/blog/trade-finance-and-the-efforts-to-boost-intra-african-trade

#TradeFinance #tradefinancegap #AfDBandAfrexim #supplychainblockages #NgulminthangLhanghal #Ngulminthang

Sustainable Finance in Emerging Markets is Enjoying Rapid Growth, But May Bring Risks

Most of the activity in the rapidly growing world of sustainable finance has been previously concentrated in advanced economies, but emerging markets, while still a small share of the total, saw a surge last year.

Read more: https://www.pressroom.biz/@ngulminthang/sustainable-finance-in-emerging-markets-is-enjoying-rapid-growth-but-may-bring-risks-dp75mkyen7wr

#SustainableFinance #globalfinancial #foreignfinancing #Privatefinance #emergingmarketeconomies #NgulminthangLhanghal

Digital River partners with VTEX to simplify global expansion

Digital River, an experienced global commerce enabler for established and fast-growing brands, recently announced a new partnership with VTEX, a fast-growing e-commerce platform in the world. Together, they have created an integrated solution for fast, simple, and risk-free cross-border selling.

Read more: https://ngulminthanglhangh.wixsite.com/ngulminthanglhanghal/post/digital-river-partners-with-vtex-to-simplify-global-expansion

#DigitalRiver #global expansion #financialservices #globalcommerce #Ngulminthang #NgulminthangLhanghal

Tradeteq Joins Hands With XinFin Group on Trade Finance NFT

As per the latest reports, Tradeteq, a technology service provider for trade finance asset distribution has completed its most-talked world’s first trade finance-based non-fungible token (NFT) transaction, on Singapore-based eXchange inFinite’s (XinFin) XDC network.

Read more: https://ngulminthanglhangh.wixsite.com/ngulminthanglhanghal/post/tradeteq-joins-hands-with-xinfin-group-on-trade-finance-nft

#Ngulminthang #TradeteqJoinsHands #XinFin #TradeFinance #NFT #ngulminthanglhanghal

Standard Chartered Announces First Green Trade Finance Facility In UAE

As per the latest reports on Sept 13, 2021, Standard Chartered has announced its first green trade finance facility in UAE with an agenda to encourage Amplus Energy Solutions, a subsidiary of Amplus Solar, in its solar generation business.

Read more: https://www.prnewsdistribution.co.uk/standard-chartered-announces-first-green-trade-finance-facility-in-uae

#AmplusEnergySolutions #NgulminthangLhanghal #StandardChartered #GreenTradeFinance

CUBE launches RegAssure to provide regulatory intelligence for SMEs

CUBE, a global RegTech company working to simplify compliance for the world’s financial institutions, has launched RegAssure, a groundbreaking product that provides automated regulatory intelligence to small and medium-sized financial institutions.

Read more: https://ibsintelligence.com/ibsi-news/cube-launches-regassure-to-provide-regulatory-intelligence-for-smes/

#Ngulminthang #CUBE #financialinstitutions #BenRichmond #globalfinancial #NgulminthangLhanghal

India’s Exports Decreased to Nearly $7.1 Billion In the Second Week Of August, Shows Data

As per the latest reports released by the commerce ministry, India’s exported goods decreased to $7.1 billion in the second week of August from $7.4 billion in the previous week.

#NgulminthangLhanghal #WorldTradeOrganization #exportrecovery #globaltrade #internationaltrade #Ngulminthang

Read more: https://ngulminthang.weebly.com/news/indias-exports-decreased-to-nearly-71-billion-in-the-second-week-of-august-shows-data