Unpredictability is a defining characteristic of today’s trade finance scape. In this regard, the need for insurance cannot be understated. Speaking to Trade Finance Global’s Deepesh Patel at ITFA’s 50th… read more →
Fitch Ratings has upgraded Turkiye’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘BB-‘ from ‘B+’, citing improved external buffers and reduced contingent foreign exchange (FX) liabilities. The outlook is stable.
In Georgia, the high costs associated with providing banking services to SMEs and stringent creditworthiness or collateral requirements pose
EP Resources, the Swiss-based energy and commodities trading company, has chosen Surecomp’s RIVO™ solution to automate its trade finance
At the International Trade and Forfaiting Association’s (ITFA) 50th annual conference, Deepesh Patel, Editorial Director at Trade Finance Global, spoke to Marcus Miller, Managing Director, Global Lenders Solutions Group Leader, Credit Specialties at Marsh, about the OTD model and responsiveness to regulation.
The Middle Eastern bank Emirates NBD has partnered with Enigio, the technology provider responsible for the trace:original platform
At ITFA’s 50th annual conference in Cyprus, Rebecca Harding, Director at Rebeccanomics, explained a few reasons to Deepesh Patel, Editorial Director at Trade Finance Global.
The banks Citi and ING Germany have been working alongside export credit agencies Korea Trade Insurance Corporation (K-SURE) and Swiss Export Risk Insurance (SERV). In collaboration, they have successfully closed a $521.5 million, 12-year supported financing loan for Petrovietnam Power Corporation (PV Power).
As of June 2024, Houthi attacks in the Red Sea and Western Indian Ocean have escalated, with over 150 reported incidents since November 2023. These attacks have targeted both commercial and naval vessels, disrupting maritime traffic and global trade routes.
A coalition of major supply chain industry associations has thrown its weight behind the “declaration of the electronic Bill of Lading” (eBL). This development adds momentum to the commitment towards modernising international trade documentation.
