Suitors circle Sanjeev Gupta’s GFG as Greensill Capital files for insolvency; ECB asks banks for details on Greensill Capital exposure; ITFA backs supply chain finance amid raised concerns

Share:

Listens: 0

TXF Daily Podcast

Miscellaneous


In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market: The World Bank has approved a $440 million loan to support Egypt’s initiatives to enhance the safety and service quality of the country’s railways. Sanjeev Gupta’s GFG Alliance is said to be on the brink of a potential fire sale as embattled finance firm Greensill Capital, its main source of funding, files for administration The International Trade and Forfaiting Association (ITFA) has released a statement backing supply chain finance as a "valuable tool to support the real economy", and reiterating how insurance is a reliable partner Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.