Bolero International, the leading cloud-based trade finance digitisation experts, announce the signing of UBS as its first major customer for Galileo TPaaS, its new white-labelled trade finance portal-as-a-service solution for banks. The innovative solution helps financial institutions provide their corporate clients with unrivalled functionality and a transformed digital experience. For the very first time, banks […]
New modelling from the Exporter Monitor produced by data group Coriolis Technologies and the Institute of Export & International Trade shows a pick up in January 2022 of the 12 month average for the number of businesses exporting from the UK compared to December 2021. The Exporter Monitor also shows that, compared to December 2021, […]
Investment figures released by Flanders Investment & Trade today show that, after a challenging start to 2021, many British companies are now using Brexit as an opportunity to safeguard and expand their businesses on the European continent . A year on from Brexit becoming a reality, Flanders’ Minister-President Jan Jambon has today announced record investment […]
Brexit has been the biggest political and economic story of the decade for the UK – and for those businesses moving goods between the EU and Great Britain, the journey is far from over yet. The Institute of Export & International Trade (IOE&IT) has conducted polls over recent weeks to take the temperature of companies […]
UK manufacturing exports will bring in around £176bn to the economy this year, according to a new study from Barclays Corporate Banking. What’s more, the plans of manufacturers who don’t currently export to start selling their products overseas could see that total soar to £190bn a year by 2030. Barclays’ new report – The Export Dividend – […]
Newable Business Loans, part of Newable, has been accredited under the UK Export Finance’s General Export Facility (GEF) programme, becoming the first non-bank lender to join the initiative which includes five existing lenders; HSBC, Santander, Barclays, Lloyds and NatWest. GEF was launched in December 2020 and was first available in March 2021, designed to provide […]
The government has published their long awaited Export Strategy. Responding to it, Institute of Export & International Trade (IOE&IT) director general, Marco Forgione said: “We welcome the new Export Strategy. Getting support for exporters right should be our top trade priority. The steps outlined in the Strategy to boost the Export Support Service are very […]
Minister for Exports, Mike Freer, has today announced that Teesside steel company Paralloy has secured a £15m funding package from Santander UK with an 80% guarantee from UKEF to support its export-led growth. The guarantee is a UKEF, General Export Facility (GEF), which is designed to help UK businesses easily access funding to cover the […]
Director general of the Institute of Export & International Trade Marco Forgione has described the UK’s free trade deal with New Zealand as “good news for British exporters”. Firms offering services would benefit from the deal’s “generous provisions on working in the respective countries,” Forgione said. UK prime minister Boris Johnson and New Zealand PM […]
The International Islamic Trade Finance Corporation (ITFC) approved a €100m Murabaha financing to SENELEC (Senegal National Power Company). The company’s strategic mandate is to ensure the production, transmission, and distribution of electricity in Senegal. This approval reflects ITFC’s commitment to supporting the availability and affordability of electricity in member countries. The facility is purposed to cover […]
