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Zeev Maimon Mazalit
Israeli Fintech Group Launches Diamond Lending
An Israeli financial-technology company is set to offer almost $8 million in credit to the diamond industry every month after receiving
News Aug 10, 2021 Joshua Freedman
Signet
Signet Signs Key Deals on Lending and Credit
Signet Jewelers has reached a new deal with its lenders and completed the final step in the
News Aug 04, 2021 Rapaport News
he Israel Diamond Exchange trading floor during In
Diamond Acquisition Pays Off for Israeli Lender
Israeli financial institution Peninsula saw profits surge after the company bought Union Bank’s diamond business
News May 30, 2021 Rapaport News
Greenland Ruby
Greenland Ruby Unveils $18M Loan
Greenland Ruby, a miner of rubies and sapphires in the island nation, has reached an agreement with a specialist financier
News May 02, 2021 Rapaport News
Lucara Karowe 140
Banks Sign Up to Fund Lucara’s Karowe Expansion
Lucara Diamond Corp. has secured financing of up to $220 million to fund a planned underground expansion at its Karowe mine
News Mar 24, 2021 Rapaport News
Jwaneng mine
Diamond Rebound to Boost Botswana Growth
Botswana’s government expects the country’s economy to return to growth next year on the back of a recovery in the diamond
News Oct 21, 2020 Rapaport News
ABN Amro branch in Terneuzen, The Netherlands
ABN Amro to Cease Hong Kong Diamond Lending
Dutch bank ABN Amro will close its Hong Kong diamond business in a major trimming of its global
News Aug 13, 2020 Joshua Freedman
Union Bank
Israel’s Union Bank Sells Diamond Portfolio
Israeli finance company Peninsula has agreed to buy Union Bank’s diamond business, pledging to continue offering loans
News Jul 14, 2020 Rapaport News
Bank Leumi Beersheba branch credit.
Israel’s Bank Leumi Eyes Return to Diamonds
Israel’s Bank Leumi has entered the bidding to acquire Union Bank’s diamond-lending business, signaling a potential return
News Jun 11, 2020 Rapaport News
Erich Jacobs
JBT Amends Credit Reports to Account for COVID-19
The Jewelers Board of Trade (JBT) will issue two parallel credit ratings for companies during the
News Apr 07, 2020 Rapaport News
Closed sign
How Three Jewelers Are Coping During COVID-19
Can my company survive this crisis? How long will the shutdown last? Should I lay my workers off?
News Apr 07, 2020 Joshua Freedman
IIJS Signature 2020
India Eases Trade’s Financial Burden
India’s government has approved concessions to ease the financial situation for diamond and jewelry businesses after
News Mar 25, 2020 Rapaport News
India GST
Indian Exporters Get Reprieve from Banks
Indian banks have agreed to offer special concessions to diamond exporters to help them deal with late payments
News Mar 19, 2020 Rapaport News
Rough and polished diamonds
Pressure on Diamond Midstream Likely to Increase
Diamond manufacturers will consolidate in the coming years to avoid being further squeezed by miners and retailers, Bain
News Dec 12, 2019 Joshua Freedman
ICICI HQ
India’s ICICI Bank Exits Antwerp
India’s ICICI Bank will shut its branch in Antwerp on March 29, becoming the latest lender to quit
News Jan 09, 2019 Rapaport News
ABN Amro 600
ABN Amro Scales Back Diamond Lending
ABN Amro is terminating its diamond and jewelry lending business in the US and the United Arab Emirates
News May 21, 2018 Rapaport News
Diamond Show - Rapaport Polished Diamonds 150
India Hikes Taxes on Polished Imports
The Indian government has increased import taxes on polished diamonds to 5%, prompting criticism from the Gem
News Feb 04, 2018 Rapaport News
AWDC Hong Kong show March 2017
Antwerp Body Joins India KYC Program
Trade organizations in Belgium and India are collaborating on an online network to enable industry members to share know-your-customer (KYC)
News Dec 06, 2017 Rapaport News
Erik Jens ABN Amro
Erik Jens Steps Down as ABN Amro Diamond Chief
ABN Amro’s diamond and jewelry division will become part of its trade-and-commodity finance business under a restructuring
News Dec 03, 2017 Rapaport News
Antwerp
Exelco Seeks Chapter 11 Protection in US
Antwerp-based diamond company Exelco NV has sought Chapter 11 bankruptcy protection in the US, listing estimated liabilities of $50
News Oct 02, 2017 Rapaport News
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