The IMF’s lending to economically troubled countries has hit a record high as the world’s lender of last resort battles simultaneous crises that have pushed at least five countries into default, with more expected to follow. The pandemic, Russia’s attack on Ukraine and a sharp rise in global interest rates […]
Finance
Global stocks fall for second straight week as central banks raise rates
Global stocks have sold off for a second straight week, weighed down by concerns over higher interest rates and the health of the economy, while oil prices declined to levels last traded before Russia’s invasion of Ukraine. The FTSE All-World index of global stocks fell 2.1 per cent on Friday, […]
TFG discusses banking in the Kyrgyz Republic with Optima Bank OSJC
The world of trade finance has experienced significant fluctuations as of late. Whether it be the after-effects of COVID-19, the geopolitical climate, or rising inflation rates, the trade industry has seen many changes as a consequence of all these elements. In preparation for the 2022 EBRD TFP Trade Finance Forum, […]
the impact of ‘derisking’ on the real economy
Listen to this podcast on Spotify, Apple Podcasts, Podbean, Podtail, ListenNotes, TuneIn Correspondent banking in the Caribbean: the impact of ‘derisking’ on the real economy Recent years, however, have witnessed a steep reduction and cutting of correspondent bank relationships. Following on from the BAFT Annual Meeting in Washington, Trade Finance Global (TFG) sat down with Dalton […]
Austin rejoins BACB as trade finance head
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8B Education Investments launches $111,600,000 initiative
New York, NY, Sept. 20, 2022 (GLOBE NEWSWIRE) — 8B Education Investments partners with Nelnet Bank in the first ever lending program by a US bank to African students enrolled in American universities; $30m over three years part of a broader $111.6m Commitment at the Clinton Global Initiative to Accelerate […]