Category: Banking

BNY Mellon discusses the evolution of trade in GTNews

Speaking to GTNews to mark the publication’s 20th anniversary, BNY Mellon’s Dominic Broom, Global Head of Trade Business Development, and Bana Akkad Azhari, Head of Relationship Management for the Middle East and Africa and the Commonwealth of Independent States, trace the most noteworthy drivers of global trade over the past two decades – including China’s …

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Can Ethiopia and Kenya help build a closer regional neighbourhood? Commerzbank’s Christian Toben writes for Banker Africa

The countries of East Africa – led by Kenya and Ethiopia – need to integrate. In an article for Banker Africa, Commerzbank’s regional head argues that they can do so by investing in transport, energy and customs infrastructure.

Commerzbank crosses new trading frontiers as part of the Marco Polo blockchain project

The multi-bank initiative seeks to apply distributed ledger technology to trade finance. News of Marco Polo’s successful proof of concept was covered in Global Trade Review, Market Business News, Trade & Export Finance, Bobsguide, Banking Technology, Fintech Futures, Finextra, Blockchain News, Coindesk, CoinTelegraph, Toinnov, Enterprise Times, FSTech, Pyments, and Trade Finance Global.

Trade makes the world go round – find out how Commerzbank helps in its new video

Commerzbank’s new video explains the significance of world trade and the important role the bank plays. Frank-Oliver Wolf, Head of CTS Sales Germany, outlines the bank’s global presence, and Enno-Burghard Weitzel, Head of CTS & FI Product Management Trade Services, shows how it is ushering in the new technologies that are revolutionising trade finance. Watch …

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Gil Karni steps up as the new head of Bank Leumi (UK)

Karni makes the move from Bucharest, where since 2016 he had been CEO of Bank Leumi Romania. News of the appointment was covered in City AM,  Global Banking & Finance Review, Trade & Export Finance, and Jewish News.

Commerzbank’s Agnes Vargas explores Pacific trade in an article for FTSE Global Markets

As the Trans-Pacific Partnership (TPP) finds its feet, Agnes Vargas, Regional Head, Greater China & ASEAN at Commerzbank, looks to the Regional Comprehensive Economic Partnership (RCEP) as another means of facilitating trade in the Pacific.

Bank Leumi UK and HSBC offer £125 million to luxury retirement village provider Audley

News of the five-year term loan was reported in Property Week, Global Capital, Treasury Today,  HealthInvestor, Care Home Management Online, EGI, The Business Magazine, Loan Radar, CosStar, Business Insider and Property Funds World. Richard Martin, Relationship Manager at the bank, offered further insights on financing homes for the country’s aging population to Real Estate Capital.

Bank Leumi UK finances Frutarom’s acquisition of Flavours & Essences

News of the £14.75 million loan was covered by Food & Drink Technology, Food Dive, Food Ingredients First and Food Manufacture

Bank Leumi UK’s credit facility for mobile advertising technology company Fyber covered in the specialist press

The bank’s €4 million financing, part of a wider Group-level deal led by LeumiTech, was covered in Global Banking & Finance Review, Financial IT and Intelligent CIO.

Commerzbank is Global Finance Magazine’s “Best Treasury & Cash Management Provider in Germany for 2018”

Commerzbank has won the magazine’s award for the third year running. Klaus Josef Mueller, Head of Product Management Trade Finance & Cash Management, comments: “It’s a real honour to be included, yet again, among such a prestigious list of winners, and even more so in the home market. This award reflects our dedication to helping …

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