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China and Latin American countries have signed an agreement to enhance economic cooperation, including for trade and investment, as the Asian powerhouse increases its presence in the region. The deal, titled the “joint action plan for cooperation in key areas”, was signed last month by intergovernmental body the Community of Latin American and Caribbean States ...
MonetaGo, a fintech company that provides digital fraud prevention solutions, has hired Munetoshi Yamada as managing director of its newly opened Japanese operations. Yamada joins from R3, where he served as partner manager, leading the establishment of the American company’s joint venture with SBI Holdings and driving adoption of R3’s Corda in Japan and the ...
The African Export-Import Bank (Afreximbank) has signed a US$1.2bn syndicated term loan with 22 banks. The three-year facility will be used for general corporate purposes, refinancing existing facilities and for payment of facility costs, the pan-African lender says. “This successful transaction, launched against the backdrop of the volatility that resulted from the announcement of the ...
Abu Dhabi Islamic Bank (ADIB) has hired Mark Emmerson as its new head of global transaction banking, starting with immediate effect. Reporting to ADIB’s global head of wholesale banking, Michael Davis, Emmerson is tasked with supporting the trade finance and cash management needs of the bank’s corporate client base in the UAE and internationally. “In ...
United Bank for Africa (UBA) UK has appointed Kenton Hartwell as senior business development manager for trade finance. Hartwell joins from Africa Merchant Capital, where he most recently served as the general manager of its trade finance arm prior to its demerger at the end of last year. In his new position, Hartwell reports to ...