Standard Chartered has agreed a syndicated bank guarantee totalling more than US$300mn with Envision Group, which it says is a milestone for sustainable trade. The deal is the “world’s first” deal that has been verified by an external party as aligned with the International Chamber of Commerce’s (ICC) sustainable trade principles, the bank says. It… The post Standard Chartered inks “world’s first” ICC-aligned sustainable trade deal appeared first on Global Trade Review (GTR).| Global Trade Review (GTR)
Space technology firm Thaicom has secured a US$184mn loan package from two commercial banks backed by France’s export credit agency for a satellite project in Thailand. Under the terms of the deal, Deutsche Bank and Standard Chartered are providing a 14-year loan which is guaranteed by Bpifrance Assurance Export. Thaicom subsidiary Space Tech Innovation (STI)… The post Thai satellite deal gets lift off with French ECA appeared first on Global Trade Review (GTR).| Global Trade Review (GTR)
Standard Chartered has named Christophe Baumann as head of transaction banking corporate trade sales for Europe and the UK, a newly created role. Baumann (pictured) is tasked with leading the trade sales team in Europe and will “further grow Standard Chartered’s trade finance business with UK, Swiss, Turkish and continental Europe corporate clients, as well ...| Global Trade Review (GTR)
The UK and India have signed a trade deal three years in the making in a move praised by trade banks for broadening opportunities during a period of global trade uncertainty. It is the largest deal the UK has signed since leaving the EU, according to UK officials, and is expected to increase bilateral trade…| Global Trade Review (GTR)