World Bank 'invested over $10.5bn in fossil fuels since Paris Agreement'; Kosmos borrowing base drops to $1.32bn amid COVID-19 crisis; Finastra unveils Fusion Payments To Go
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 Group has invested over $12 billion in fossil fuels since the Paris Agreement - $10.5 billion of which were new direct fossil fuel project finance, according to a new report
US upstream oil company Kosmos Energy has completed the re-determination of its reserve based lending credit facility, resulting in a borrowing base capacity of $1.32 billion
Finastra has unveiled Fusion Payments To Go – its payments solution aimed at small and medium-sized banks looking to implement domestic and cross-border payment services in Europe, the US and South Africa
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Create your
podcast in
minutes
It is Free