Indian financial institutions are seeking better capital treatment of trade credit insurance as part of the country’s review of trade finance. The country’s domestic banks are discouraged from offering financing products such as domestic and cross-border factoring because they do not benefit from reduced capital requirements when they use credit insurance, unlike lenders in ...| Global Trade Review (GTR)
Stronghold Global Finance, a UK-based trade finance firm, went into administration in August last year following a High Court order.| Global Trade Review (GTR)
Ghana International Bank (GHIB) and the UK’s development finance institution have launched a US$50mn facility aimed at reducing the trade finance gap in several African markets. As part of a mutual risk participation agreement, GHIB and British International Investment (BII) will share risk on trade finance flows in Sierra Leone, Liberia, The Gambia, Benin, DRC, ...| Global Trade Review (GTR)