Tag: Germany
US investment bank Citi has launched its first sustainability-linked supply chain finance (SSCF) programme in Asia-Pacific. Through the SCCF programme, Citi aims to support clients as they advance ESG priorities, improve supply chain resilience, and manage working capital needs. In a company statement, Citi said that supply chain finance can benefit both companies and their […]
Estimated reading time: 2 minutes Trafigura, a market player in the global commodities industry, has entered into a $3 billion four-year loan jointly arranged and underwritten by Deutsche Bank and another international bank and syndicated to a number of participating banks. Over 25 banks participated in the successful syndication, which was 1.6 times oversubscribed. The […]
Estimated reading time: 1 minute German industrial production declined more sharply than anticipated in June, data released on Monday revealed, highlighting the difficulties encountered by manufacturing amidst a downturn in Europe’s largest economy. Production decreased by 1.5% in comparison to the prior month, the federal statistics office reported on Monday. Analysts surveyed by Reuters had […]
Estimated reading time: 2 minutes The German branch of the International Chamber of Commerce, ICC Germany, in collaboration with financial technology firm MonetaGo, has released a report stating that digitalisation is key to combating global trade fraud. The report, titled ‘Shutting Fraudsters out of Trade: Second Edition,’ offers enhanced guidelines and actionable solutions to the […]
On 26 November ABN AMRO, one of the largest Dutch banks, announced its plans to wind down the international operations of its asset-based financing division by the end of 2026.
