Trade & Supply Chain

Grupo Zapata signs receivables deal

Tue, 03 Nov 2009 15:59:41 GMT

Finacity Corporation has closed a trade receivable securitization for Mexican tin container producer Grupo Zapata.

Bank of China pushes TSU

Mon, 02 Nov 2009 15:28:22 GMT

Bank of China is encouraging its counterparties and customers to use the Swift Trade Services Utility.

Bolero-Viveo form trade finance alliance

Mon, 02 Nov 2009 00:00:00 GMT

Bolero and Viveo have signed a cooperation agreement to provide the commodity trade finance community with improved trade and trade finance applications.

Nordex goes live with @GlobalTrade

Tue, 27 Oct 2009 11:23:46 GMT

Wind energy company, Nordex, has joined the Unicredit-run guarantee issuance system, @GlobalTrade.

JPMorgan invests heavily in Brazil trade

Mon, 26 Oct 2009 11:17:54 GMT

JPMorgan is making its full suite of treasury management solutions available in Brazil, including trade finance services.

HSBC partners with Vietnam Post

Fri, 23 Oct 2009 16:09:15 GMT

HSBC has partnered Vietnam Post Corportation to open access to corporate and retail banking through the nationwide post office.

BNYM to finance Russian trade following dispute settlement

Fri, 23 Oct 2009 15:49:20 GMT

BNY Mellon has promised to finance trade to Russian state banks following the resolution of a legal dispute with Russian customs.

Noble signs up for Bolero multi-bank

Thu, 22 Oct 2009 14:45:35 GMT

Noble group has signed an agreement with banking platform, Bolero to use its multi-bank trade finance platform.

RBS welcomes ECGD scheme

Wed, 21 Oct 2009 18:24:19 GMT

UK state-owned bank, RBS, and its subsidiary, NatWest, support ECGD’s move to share credit risk with banks.

BofA to launch corporate cash solution

Tue, 20 Oct 2009 15:12:16 GMT

BofA has developed an online corporate cash service, CashPro online, to launch in November.

StanChart and ALA sign electronic banking agreement

Tue, 20 Oct 2009 14:34:10 GMT

Adamjee Life Assurance has signed an agreement on Standard Chartered’s electronic banking platform.

RHB Capital to grow trade through Bank Mestika

Tue, 20 Oct 2009 12:55:07 GMT

RHB Capital plans to launch trade finance products in Indonesia following the acquisition of Bank Mestika.

Second edition of trade and supply chain finance guide released

Mon, 19 Oct 2009 00:00:00 GMT

Global Business Intelligence (GBI) has just published the second edition of its Trade Credit and Supply Chain Finance Guide.

Arch Chemicals signs with PNC for trade receivables deal

Mon, 12 Oct 2009 13:12:37 GMT

US biocides company Arch Chemicals has signed a trade accounts receivable securitisation facility with PNC Bank and its affiliate, Market Street Funding.

Bank of America Merrill Lynch hires Proctor

Thu, 08 Oct 2009 00:00:00 GMT

Trade and supply chain veteran Bruce Proctor has joined Bank of America Merrill Lynch as its trade and supply product management executive.

TradeBeam incorporates news alerts to platform

Wed, 07 Oct 2009 18:06:41 GMT

TradeBeam has incorporated news alerts on its latest inventory management platform.

RBS signs Saab to rolling receivables deal

Wed, 07 Oct 2009 17:57:18 GMT

Swedish defence group Saab has entered into a rolling trade receivables sales programme with RBS.

Citi inks trade finance pact with Russian Agricultural Bank

Tue, 06 Oct 2009 22:07:57 GMT

Citi and Russian Agricultural Bank have signed an agreement to better facilitate export-import financing.

Bottomline enhances cash management capabilities

Tue, 06 Oct 2009 22:01:24 GMT

Bottomline Technologies has enhanced its cash management capabilities by enabling banks to use standard messages for faster reporting.

Finacity and NordLB increase trade receivables deal for Manitowoc

Tue, 06 Oct 2009 15:56:44 GMT

Finacity Corporation and NordLB have increased a trade receivables securitisation facility for capital goods manufacturer, Manitowoc Company.