Here the story has been less dramatic. After the initial collapse in the pound to a 35-year low against the USD and 11-year low against EUR, we’ve seen a recovery to a level slightly above the average since the Brexit vote.
More than ever, now is the time for the G20 to work together, be aligned and coordinated in addressing urgent relief measures to contain the spread of the pandemic and… read more →
The International Chamber of Commerce (ICC) and World Health Organization (WHO) have launched a worldwide survey to report the challenges faced by the private sector from COVID-19. In response to… read more →
Initiatives focusing on pharmaceuticals and healthcare and other value-added sectors such as agriculture and textiles to take precedence (Jeddah, KSA, 14 April 2020) – The International Islamic Trade Finance Corporation (ITFC),… read more →
• In addition, since the implementation of the ICO (Instituto de Crédito Oficial) credit lines, CaixaBank has successfully surpassed the first tranche it had been assigned, fulfilling requests totalling more… read more →
“WTO economists believe the decline will likely exceed the trade slump brought on by the global financial crisis of 2008-2009″
As airlines struggle with their cashflows as a result of the travel slump brought about by Covid-19, TFG’s Flora Tan spoke to Ocorian’s Conor Blake, examining the impacts.
Cairo, 08 April 2020: – The African Export-Import Bank (Afreximbank) today in Cairo released its audited financial statements for the year ended 31 December 2019, showing strong and consistent growth, with… read more →
UK Export Finance to offer export insurance in all major markets in response to Coronavirus (COVID-19) UK Export Finance (UKEF) can insure UK businesses against the risk of non-payment when… read more →
As the APAC region solidifies its global trade leadership, banks gain an opportunity to serve new finance needs as long as they make needed technology and process changes.
