UK Export Finance Voted as the Best Export Credit Agency
UK Export Finance (UKEF) - a government department and the UK’s official export credit agency (ECA) - is in a celebratory mood at the...
Finnvera to Guarantee Financing for New Vessel Orders Placed at Meyer Turku Oy
Published in September 2014 - Shipowner companies usually make advance payments to the shipyards when giving a new vessel order. These advance payments could...
SWIFT Sanctions Statement
Swift declares that any decision to impose sanctions on countries or individual entities rests solely with the competent government bodies and applicable legislators.
Being EU-based,...
EBRD Provides 50 Million USD Trade Finance Line to an Egyptian Bank
Published on 11.December.2014 - The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade in Egypt by providing a US$...
Aldermore Bank Launches New Trade Finance Product for UK importers
Published on 01.October.2014 - According to Aldermore Bank's trade finance team many UK importers struggle to pay for large purchases.
Aldermore’s new trade finance product...
SACE Guarantees €400 Million for STAR Project
SACE has joined in a mission of Prime Minister Matteo Renzi to Turkey, promoted by his office and the Ministry for Economic Development, to...
U.S. Trade Finance Concentrated With Top 5 Banks
Published on-19.November.2014- Approximately 35% of large U.S. companies do business with Bank of America Merrill Lynch, Citi and J.P. Morgan.
The top five is rounded...
Doing Business in Nigeria 2014
The Doing Business project is supported by World Bank.
Doing Business reports not only let you compare countries, but also let you compare certain cities...
ICC Revised Rules for Documentary Credit Dispute Resolution by Expertise (DOCDEX)
ICC Adopts New Set of Rules for DOCDEX
The International Chamber of Commerce (ICC) Banking Commission unanimously adopted revised rules for Documentary Credit Dispute Resolution...
World Risk Developments October 2014
According to EFIC most challenging global risks for the October 2014 are Chinese economic slowdown, political uncertainty in Thailand, ore export ban in the...
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