Tag Archives: trade finance

Deutsche Bank Recognizes Indonesia’s Potential with EUR 600 Million Capital Injection

(IN BRIEF) Deutsche Bank is significantly increasing its investment in Indonesia by doubling its local capital to IDR 10 trillion (EUR 600 million). This move reflects the bank’s commitment to the Indonesian market, where it has a 54-year history. It … Read the full press release

Paperless Revolution: Lloyds Bank Digitizes Guarantees and Standby Letters of Credit

(IN BRIEF) Lloyds Bank has introduced a revolutionary “Paperless Guarantee” initiative, enabling clients to request digital Direct Guarantees or Standby Letters of Credit for more efficient, secure, and environmentally friendly trade transactions. This initiative follows Lloyds Bank’s success in pioneering … Read the full press release

Deutsche Bank Boosts Capital Allocation for Ho Chi Minh City Branch to Support Growth in Vietnam

(IN BRIEF) Deutsche Bank has announced a significant increase in capital allocation for its Ho Chi Minh City branch in Vietnam, raising it by USD 100 million to reach a total of over USD 200 million. The additional capital will … Read the full press release

Inflexion Invests in Helsinki-Based Cash Management Software Provider Nomentia

(IN BRIEF) Inflexion has acquired a majority stake in European treasury and cash management software provider Nomentia from PSG Equity and Verdane. Helsinki-based Nomentia delivers a comprehensive suite of solutions to the cash and treasury management sector, including bank connectivity, … Read the full press release

Standard Chartered launches new Sustainable Trade Finance Proposition to help clients achieve more sustainable and resilient supply chains

(PRESS RELEASE) SINGAPORE, 23-Mar-2021 — /EuropaWire/ — Standard Chartered announces the launch of its new sustainable trade finance solutions across Asia, Africa and the Middle East, Europe and the Americas. Standard Chartered’s Sustainable Trade Finance Proposition aims to help clients … Read the full press release

SEB and Wärtsilä successfully trial ground-breaking secure data sharing in Trade Finance

(PRESS RELEASE) STOCKHOLM, 17-Feb-2021 — /EuropaWire/ — SEB announces a breakthrough achievement in secure data sharing. Together with technology group Wärtsilä, parties participated in a ground-breaking test of secure data sharing between companies in Trade Finance. The results demonstrates that … Read the full press release

Huynh Buu Quang to lead Deutsche Bank’s expansion in Vietnam

(PRESS RELEASE) FRANKFURT, 18-Aug-2020 — /EuropaWire/ — One of the world’s leading financial service providers Deutsche Bank (ETR: DBK) has announced that Huynh Buu Quang, a respected Vietnamese banker, will be appointed as Acting Chief Country Officer (CCO) Vietnam, pending … Read the full press release

EBRD, Banque Centrale Populaire to support international trade for Moroccan companies

A 50 million US dollar trade finance line with Banque Centrale Populaire 11-6-2013 — /europawire.eu/ — The EBRD is partnering with Banque Centrale Populaire to strengthen bank support for Moroccan companies in terms of international trade so that they can raise … Read the full press release