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Malaysian alumina project secures KfW Ipex funding 2018

KfW Ipex-Bank, the German state-owned lender, has issued a US$190mn debt package for a Malaysian high purity alumina (HPA) project. The borrower and project sponsor...

Swift traffic hits record high despite digital disruption 2018

Despite facing more competition from digital players, Swift saw record traffic on its core messaging service in 2017. Traffic topped 7.1 billion messages last year –...

What is Standby Letter of Credit

A standby letter of credit (SBLC) is a guarantee of payment issued by a bank on behalf of a client that is used as...

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