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Supply chains have become global and increasing complexities have made them brittle and dependent, rather than robust and resilient; Covid-19 is a prime example of this.
The ICC’s Trade Finance Register has been released, reporting a small increase in default rates across documentary trade and open account products, whilst highlighting still, the low-risk nature of the asset class.
The 2023 Commonwealth Trade Ministers Meeting drew to a close today, with a resolute focus on collaborative efforts to nurture resilient, inclusive, green, and digital economies. Building upon the initiatives… read more →
China experienced a 7.5% decline in exports in May compared to the previous year, while imports were down by 4.5%, signalling a deceleration in the economic recovery post the lifting… read more →
The financing partners of the Asian Development Bank (ADB) have committed $11.4 billion in cofinancing for ADB projects in 2022, aimed at enhancing the resilience of developing member countries and… read more →
FCI, the global representative body for factoring and financing of open account domestic and international trade receivables, has released their annual World Factoring Statistics report.
After years of dealing with the oppressive clouds of COVID-19, the world has since experienced the bloodiest land war in Europe since World War II, inflation levels unseen since the 1980s, rising interest rates, and large scale political instability across all regions. And now, a looming debt crisis in the US.
To learn more about how the trade credit industry is building further resilience, Trade Finance Global’s (TFG) Deepesh Patel spoke with Marc Meyer, SVP subject matter expert, Tinubu at ExCred International’s London conference.
After COVID-19, the commodity trade finance industry experienced a period of great recovery. Trade finance covers a broad range of financing arrangements for the production, exporting and selling of commodities.
To learn more about sustainability approaches within the industry, Trade Finance Global spoke to Eva Rubio, head of global transaction banking at BBVA at BAFT’s Europe Bank to Bank forum held in London this January.
Certainty has been in short supply in the world of shipping in recent years. Shippers, manufacturers, and carriers have all had to adapt to rapidly changing circumstances, from the lingering impacts of COVID to geopolitical conflicts, from stocking trends to industrial action.
Multilateral development bank, African Export-Import Bank (Afreximbank), announced a US$3 billion Country Programme for Kenya, aimed at supporting infrastructure, agriculture, housing and MSMEs. The programme was announced during a meeting… read more →
November 17, 2022 saw the unveiling of the UK’s Autumn Statement. The plan hopes to create a more stable UK economy in light of the current global financial uncertainty.
