The latest news from liquidity and risk management
Stay updated with real-time coverage of global trade developments, policy changes, and market movements affecting international commerce.
Commerzbank coordinates €112 million loan for Iraqi float glass plant project
- Commerzbank acted as Coordinating Mandated Lead Arranger for a €112 million Euler Hermes covered loan arranged with AKA Bank.
- The loan supports engineering, construction, and equipment delivery from Horn Glass Industries, Germany, to AlRida Investment Ltd., Iraq, for a new float glass plant.
- This financing is the first transaction under the German-Iraqi Memorandum of Cooperation for the Iraqi Private Sector Initiative.
- The initiative aims to strengthen Iraq’s private sector using German technology, reduce oil dependency, promote economic diversification, and empower SMEs.
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UK Export Finance launches £50 billion Defence Export Fund, expanding total capacity to £130 billion
UK Export Finance launches £50 billion Defence Export Fund, expanding capacity to £130 billion to support British defence exporters competing globally.
Commerzbank coordinates €112 million loan for Iraqi float glass plant project
Commerzbank acted as Coordinating Mandated Lead Arranger for a €112 million Euler Hermes covered loan arranged with AKA Bank.
USA Rare Earth faces critical minerals supply challenge amid China export controls
USA Rare Earth’s stock trades at $20.47, up 44.7% year to date and 83.0% over the past year, despite recent declines of 16.9% in the past week and 23.3% over the past month.
China authorises Renminbi clearing network across 19 African countries, deepening Yuan’s role in African trade
China has authorised Standard Bank and ICBC to run a Renminbi clearing network across nineteen African countries, enabling direct settlement in the Chinese currency and supporting faster, lower cost cross border trade between China and Africa.
HSBC and Mastercard launch mobile virtual card solution in the UAE
HSBC and Mastercard have introduced a mobile virtual card solution in the UAE, enabling corporate customers to access tokenised virtual commercial cards via digital wallets.
Maple and Kraken close on-chain warehouse facility for digital asset-backed loans
Maple, an on-chain asset manager, and Kraken, a multi-asset trading platform, announced the closing of a USDC-denominated on-chain warehouse facility for digital asset-backed loans.
BSTDB and IDBank sign €10 million financing package to support Armenian SMEs and trade
The Black Sea Trade and Development Bank (BSTDB) and IDBank have agreed on a €10 million financing package to support small and medium-sized enterprises (SMEs) and trade-related activities in Armenia.
Standard Chartered arranges €198.3 million ECA-backed financing for Cameroon road rehabilitation, a key economic corridor
Standard Chartered has arranged a €198.3 million Export Credit Agency (ECA) backed financing, supported by UK Export Finance (UKEF), to fund the rehabilitation of the 162-kilometre Kribi–Ebolowa road in Cameroon.
Worldline first in Europe to enable Click to Pay for recurring payments
Worldline has become the first European payment provider to enable Click to Pay for recurring payments, offering one-click checkout throughout the full subscription lifecycle for international merchants.
IFC and Banco Santander launch $500 million risk sharing facility to scale supply chain finance in emerging markets
IFC and Banco Santander have launched a five hundred million dollar risk sharing facility to expand supply chain finance for emerging market suppliers, improving liquidity, strengthening resilience and supporting business growth through IFC’s Global Supply Chain Finance Programme.
Canada imposes 10% surtax on global canned vegetable imports to protect domestic industry
The Government of Canada announced a provisional 10% surtax on global imports of canned vegetables, effective 19th June 2026 for up to 200 days.
South Korea’s Eximbank ready to finance new Korea-Uzbekistan projects amid economic reforms
The Export-Import Bank of Korea (Eximbank) announced readiness to support a new wave of projects between Korea and Uzbekistan, focusing on infrastructure, supply chains, and technology-driven industries.
European leaders express concern over rising Chinese exports and consider trade measures
China’s goods trade surplus with the European Union reached €360.6 billion ($414 billion) in 2025, a 15% increase from 2024, with the gap expanding by 10% in the first four months of 2026.
RBI’s FX forward book and hedging limit Indian rupee’s rally despite lower oil prices
The Indian rupee’s recent recovery is likely constrained by the Reserve Bank of India’s unwinding of its large short-dollar forward book, estimated at nearly $110 billion, up from $96 billion in April.
AfDB expands trade finance support with Ghana International Bank under Transaction Guarantee facility
The African Development Bank signed a confirmation agreement with Ghana International Bank under its Transaction Guarantee facility.
ITFC and Côte d’Ivoire sign $750 million framework agreement to support National Development Plan
The International Islamic Trade Finance Corporation (ITFC) and the Government of Côte d’Ivoire signed a $750 million Framework Agreement to support the National Development Plan 2026–2030 and promote private sector-led growth.
Pollen Street Capital to acquire Universal Banking, Finastra’s global core banking software business
Pollen Street Capital agrees to acquire Universal Banking from Finastra, positioning the core banking technology business for focused investment, AI driven innovation and strengthened delivery as banks accelerate modernisation.
UAE Central Bank completes Project Aperta to enhance cross-border open finance
The Central Bank of the UAE completed Project Aperta, a cross-border open finance initiative to enable faster, safer, and more efficient international financial data exchange.
Over 40 UK small businesses pitch to Indian buyers at Great British Pitch India
More than 40 UK small businesses from food & drink, retail, and consumer goods sectors pitched to Indian buyers at Great British Pitch India, the first event in the Great British Pitch campaign.
ICD and ABDF launch Shariah-compliant SME financing program in Azerbaijan
The Islamic Corporation for the Development of the Private Sector (ICD) and Azerbaijan Business Development Fund (ABDF) signed an agreement to launch a Shariah-compliant SME financing program with up to AZN 200 million available from 2026 to 2028.