The six largest banks in the US have exited the UN-backed NZBA following years of speculation about their departure.

The Export-Import Bank of the United States (US Exim) has approved a US$527mn loan to help US companies develop a ...

Citi has hired Seemanti Considine as financial institution sales head for the United Arab Emirates, based in Dubai.

The Access Bank UK has secured an oversubscribed facility worth US$370mn from a group of 14 banks. The funds were disbursed ...

China’s vow to boost the “scale and coverage” of export credit insurance will likely focus on technology exports and overseas investments, experts say, as Beijing works to transform its ...

UAE ministers have hailed progress in expanding access to finance for smaller businesses after Abu Dhabi-based embedded finance startup CredibleX announced it has raised US$55mn in a seed funding ...

Italian export credit agency Sace has signed an agreement with the African Development Bank (AfDB) to provide credit protection across a range of critical sectors including energy and infrastructure.

The International Finance Corporation (IFC) has agreed to shoulder half the risk on up to US$1bn of HSBC’s trade assets, to help unlock lending in emerging markets. The assets will be originated by ...

The International Chamber of Commerce (ICC) UK and newly launched International Centre for Digital Trade and Innovation (iC4TDI) have published a paper outlining a “roadmap” to digitalise trade. The ...

The company behind Poland’s first nuclear power project has secured a letter of intent worth US$1.45bn from Export Development Canada (EDC). The deal is still subject to a “detailed due diligence ...

South Africa’s Standard Bank has secured two facilities worth a combined US$400mn from the African Development Bank (AfDB) to support financing for SMEs on the continent. The first is a three-year ...

Lendscape, a finance technology solutions provider, has appointed Gareth Evans as chief revenue officer (CRO). As Lendscape’s first CRO, Evans will be responsible for building strategic partnerships, ...