Articles with tag: commodity trade finance

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Russia-based Sberbank joins blockchain trade finance platform

News | E-invoicing, SCF & E-procurement | 18 Sep 2020

Sberbank Switzerland, a subsidiary of Sberbank has joined a blockchain-based platform for commodity trade finance.

Russia, Switzerland, Sberbank, blockchain, trade finance, platform, commodity trade finance, subsidiary, Komgo, trade finance platform, trade finance service, digitisation, Commonwealth of Independent States, trade flows

Commodity trade finance faces difficulties in revenues following scandals

News | E-invoicing, SCF & E-procurement | 14 Aug 2020

Commodity trade finance has observed slumping revenues in the second quarter of 2020 as some banks pulled the plug on their operations following scandals, according to fnlondon.com.

commodity trade finance, trade finance, revenue, scandal, banks, Coalition, Hin Leong Trading, Singapore, bankruptcy, HSBC, ABN Amro, commodity finance, Phoenix Group, Standard Chartered, BNP Paribas, Societe Generale, Europe, Middle East, Africa

First City Monument Bank Introduces commodity trade finance facility

News | E-invoicing, SCF & E-procurement | 06 Aug 2019

Nigeria-based First City Monument Bank has introduced an enhanced agro-commodity trade finance facility for agribusiness operators.

First City Monument Bank, Nigeria, product launch, commodity trade finance facility, trade finance, agro-commodity trade finance facility, agribusiness operators, Africa, B2B payments,