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ANTWERP DIAMOND BANK
How travel curbs are giving Indian diamond merchants the Covid bluesAs Christmas shopping gathers momentum in the West, diamond jewellery stocks are being depleted fast, but there aren't enough rough stones ...
Indian diamond traders may get loans from Russian banks to buy diamonds from ALROSARussian banks have started granting loans to ALROSA's foreign clients for the purchase of rough diamonds. This will help the Indian diamond...
Union Bank of India quits Antwerp diamond hubAntwerp didn’t generate “the expected amount of business, particularly from the diamond sector,” UBI said.
Trade war worries diamond industryThe US, a major buyer of gems and jewellery from India and China, levies a 6 per cent duty on imports.
Will India’s diamond cutting operations shift to Israel, Belgium?India is the world’s largest cutting and polishing centre of rough diamonds, and it is said that 14 out of every 15 rough diamonds in the w...
PNB Fraud: CBI to seek special court nod to probe offshore locationsCBI court will likely issue LRs to extend the investigation into the PNB fraud to offshore locations where Nirav Modi firms and Mehul Choks...
How the Nirav Modi scandal will affect diamantairesToday the diamond industry is worried. Everybody is concerned that the NiravModi scam will put their business in trouble and tarnish the im...
StanC wants companies to give collateral for diamond loansOn one hand the world of diamonds is grappling with a slow market, instances of defaults and frauds; on the other, Standard Chartered is ti...
Antwerp Diamond Bank scouts for buyer for India branchLast September the Brussels-based KBC Group which owns ADB announced that it would wind down its loan portfolio and activities across the w...
Antwerp Diamond Bank union calls for strike from January 28The All-India Bank Employees Association (AIBEA) has also extended its support to the proposed strike by the ADB union, AIBEA vice-presiden...
Diamond consumption in India, China to equal US: Andrey Polyakov of ALROSAWe will spend a lot of money along with retailers and polished diamond producers on marketing to drive demand for this special stone.
Deals with Russia for direct sourcing of diamonds to IndiaThe contracts will be signed tomorrow on the sidelines of the World Diamond Conference, Gems & Jewellery Export Promotion Council said toda...
Vladimir Putin's India visit will boost diamond trade: GJEPCGJEPC has expressed the hope that Russian President Vladimir Putin's forthcoming visit to India will boost the diamond sector in both the c...
Standard Chartered reducing diamond exposure; lenders demand extra collateral from diamantairesBesides rough diamond stock, lenders ask for fixed assets, cash margin and claim on receivables for extending credit facilities.
Antwerp Diamond Bank winds up loan portfolio, diamond dealers face loan droughtThe ADB was a source of finance for 80 years to the network of companies that trade, cut and polish in the Belgian port city.
- China set to overtake US in diamond consumption: Official
China is expected to overtake the US to become the world's largest diamond-consuming country in 2016, Ari Epstein, CEO of AWDC, said.
- Belgium's most potent weapon in trade armoury
Diamonds are a girl’s best friend, and they are also Belgium’s most potent weapon in the trade armoury.
- Antwerp drops diamond conference on credit crunch
Antwerp, the center of the world's diamond trade, is dropping its diamond conference this year due to the financial crisis, the organizers ...
- Antwerp raids ring alarm bells in India
After a string of raids on diamond houses in Antwerp, Indian banks who deal with local diamond traders are feeling the jitters.
- SBI looks to whet India Inc's appetite for European assets
SBI, which has a network of 71 foreign branch offices spread over 30 countries, has a major overseas office in Antwerp.