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ABN Amro branch Capelle aan den IJssel
ABN Amro Restricts Rough-Sector Lending
ABN Amro has scaled back its financing of rough-diamond purchases, citing a lack of profitability in the manufacturing and
News Jul 15, 2019 Joshua Freedman
National Bank of Fujairah Antwerp launch April 201
Dubai’s NBF Enters Antwerp Lending Market
The National Bank of Fujairah (NBF) has launched a representative office in Antwerp as it looks to expand its business lending
News Apr 07, 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
Union Bank Antwerp
India’s Union Bank Leaves Antwerp
Union Bank of India will close its branch in Antwerp, citing the weak performance of its diamond division,
News Sep 06, 2018 Rapaport News
India 150
Indian Banks Slash Lending by 10%
Bank financing to India’s gem and jewelry sector has fallen at least 10% since April 1 due to stricter
News Jul 24, 2018 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
Antwerp Diamond Fair
Banks Snubbing Belgian Diamond Trade: AWDC
Belgian banks are discriminating against the diamond trade by not lending to anyone linked to the industry, the
News Apr 02, 2017 Rapaport News
ALROSA 145-Ct Diamond
ALROSA Repays Loans to VTB Bank
ALROSA has paid off $600 million of loans to VTB Bank ahead of their repayment date, the Russian
News Mar 01, 2017 Rapaport News
birks mayors
Birks Credits Strategic Goals in New Deal
Birks Group has negotiated new credit terms that it says will enable continued implementation of its growth
News Dec 26, 2016 Rapaport News
Israel Diamond Exchange
Israel’s FIBI Bank Tightens Terms for Diamond Trade
The Israel Diamond Exchange (IDE) pledged to contest a decision by First International Bank of Israel (FIBI) to tighten its
News Aug 18, 2016 Rapaport News
New York
NY Firm to Launch Diamond Industry Lending
The midstream diamond and jewelry industry is set to gain access to more than a billion dollars in loans from
News Aug 17, 2016 Rapaport News
Antwerp Beurs Voor Diamanthandel
New Law Likely to Triple Belgium Trade's Tax Bill
Belgium’s diamond trade can expect to pay at least three times more tax per year as a new fiscal
News Aug 02, 2016 Rapaport News
James C. Polan OPIC
U.S. Backs Funding for Botswana Diamond Trade
The U.S. government has agreed to guarantee a $125 million loan to Botswana’s diamond manufacturing industry to promote local
News Jul 26, 2016 Rapaport News
Shrenuj Botswana Diamond Factory
Shrenuj Seeks Legal Opinion Over Bank Action
Shrenuj & Co., a Mumbai-based diamond and jewelry manufacturer, is challenging an order by India’s second-largest bank to seize its
News Jul 03, 2016 Rapaport News
Ellendale Mine
Kimberley Sells Shares to Repay Chinese Firm
Kimberley Diamonds raised $3 million (AUD 4 million) by issuing shares to partly repay a loan taken out from a Chinese
News Jun 27, 2016 Rapaport News
Standard Chartered
Standard Chartered Exits Diamond Business
Standard Chartered has terminated lending to the midstream diamond and jewelry industry as it curbed its exposure to businesses
News Jun 13, 2016 Rapaport News
World Diamond Congress 2016
Diamond Congress Zooms In on Lending
Financing was the focus of the second day of the World Diamond Congress in Dubai as bankers and industry
News May 19, 2016 Rapaport News
Anthony Capuano, Jewelers Board of Trade
Jewelers Board of Trade Appoints Former HSBC Credit Specialist Capuano as President
The Jewelers Board of Trade (JBT) said it appointed Anthony Capuano, a 35-year veteran of credit and lending in the
News Apr 07, 2016 Rapaport News
Standard Chartered
Standard Chartered Seeks to Curb $2B Diamond Exposure
Standard Chartered is demanding its clients in the Indian and Belgian diamond trade get more loan protection
News Mar 24, 2016 Rapaport News
dubai jewellery week
Dubai Diamond Finance Grows as Antwerp Loses Lender: Bloomberg
Bloomberg News reports Dubai’s diamond trade will grow as the Middle East emirate attracts dealers from
News Sep 16, 2015 Rapaport News
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