Category: Correspondent Banking
London, 25th September 2019 – The expansion of Banking Circle’s propositions into the lending sector with a range of innovative and ground-breaking business lending solutions has been recognised in the 2019 Lending Awards. Banking Circle Lending and Banking Circle Instant Settlement have been named amongst the list of finalists in six Lending Award categories. Banking […]
AMS Ameropa Marketing and Sales AG, a fully owned subsidiary of Ameropa, today announced completing the full refinancing of its $750 million revolving credit facility, for an amount of $1.1 billion. The refinancing process was launched earlier this year and gained support from the company’s relationship banks as well as several new banks. As the […]
Today, Standard Chartered and the IFC announced the signing of a $700 million investment in the IFC’s Global Trade Liquidity Programme (GTLP) in support of global trade finance. Since the creation of the facility in 2009, the Standard Chartered GTLP facilities have supported trade in emerging markets, particularly those supported by the International Development Association […]
Finding from recent Finastra research shows that bank view fintech partnerships as a vital strategy, with three in four banks looking to connect with three fintechs in the next 12-18 months. The largest proportion of respondents plan to plug into a platform of integrated fintech solutions (56%), with only 6% preferring to build capabilities in-house. […]
HSBC has unveiled a digital platform that enables both business and corporate clients to establish accounts for multiple commercial entities across various markets, all from a single location. Through a specialised online portal, the digital application procedure is swift, straightforward, and uniformly applied across all markets where accounts are being set up. This portal for […]
Estimated reading time: 4 minutes The Bank of England announced that the UK interest rates would remain at 5.25%, their highest in nearly 16 years. Yet the anticipation of inflation returning to the Bank’s 2% goal soon has investors eyeing potential rate reductions. Significant declines in energy costs since the Bank’s previous projections on November […]
