Get Trade Finance Services As A Short Term Working Capital
A type of financing known as trade finance is created especially to support transactions involving international trade. Short-term working cash can be obtained through a variety of trade finance services, including:
1. Letters of Credit
2. Documentary Collections
3. Invoice Financing
4. Supply Chain Finance
Visit us: https://www.emeriobanque.com/trade-finance-services
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Russia-Ukraine War Hits Trade Finance Hard - Says World Bank
According to the World Bank, the GDP (Gross Domestic Product) of Ukraine will have shrunk by around 35%. A further downfall is also expected for 2023, as the comprehensive effects of Russia’s war on the economy are visible.
Read more: https://www.emeriobanque.com/news/russia-ukraine-war-hits-trade-finance-hard
#TradeFinanceHard #WorldBank #tradefinance #tradefinanceservice #corporatetradefinance #lettersofcredit #exportfinancing
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IFC Grants $35m Credit to FSDH For SMEs
As per the latest news, FSDH, Nigeria’s Merchant Banking Group has recently been granted a credit facility of $35m in association with the IFC (International Trade Finance)
Read more: https://www.emeriobanque.com/news/ifc-grants-35-million-dollars-credit-to-fsdh-for-smes
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Trade Finance Market USD 11631260 Million By 2028 With A CAGR of 5.4% - Valuates Reports
According to the latest news, the global Trade Finance Market is estimated to reach USD 8014110 million in 2021 and is predicted to be a corrected size of USD 11631260 million by 2028 with a CAGR of 5.4% for the period of 2022-2028.
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Contour’s Decentralized Network Digitizing Letters of Credit in Global Trade
“The $18 trillion-plus international trade market is one of those last industries that are resistant to digital transformation in the financial & banking operations. For example, Letters of Credit are issued in physical form to date which is a time-consuming process that takes weeks to get issued.
Read more: https://www.emeriobanque.com/news/contour-digitizing-letters-of-credit-in-global-trade
#tradefinance #internationaltrademarket #LettersofCredit #globaltrade #tradefinance
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MineHub Technologies Introduced Trade Finance Network Application
As per the latest news, MiniHub Technologies Inc. has declared the introduction of its Trade Finance Network application, accessible to all platform users. The Trade Finance application is the first in a series of network applications that are being launched by MineHub soon.
#lettersofcredit #tradefinance #MineHubTechnologies #digitaltrade
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