Following the latest Q3 2022 edition of its quarterly letter of credit (LC) statistics for US banks, Documentary Credit World (DCW) has released its analysis of LC issuance from banks in the country.

Allianz Trade, a trade credit insurance company, Two, a business-to-business (B2B) e-commerce payments platform, and Santander Corporate & Investment Banking (CIB), a trade finance bank, have partnered to provide the… read more →

TFG asked Francoise Huang, senior economist for Asia Pacific and Trade at Allianz Trade, John Miller, chief economic analyst at Trade Data Monitor, and Richard Wulff, executive director at ICISA, to give their thoughts on the 2023 trade environment.

In TFG’s conversations with industry experts, we have learned quite a lot about trade volumes and commodities, trade technology, and trade credit insurance. While there is plenty of uncertainty regarding the global outlook in 2023, it is clear that there are many areas of optimism for international trade.

Global growth is heading towards a recession, and global trade will continue to slow in 2023, according to trade credit insurer Allianz Trade.  Meanwhile the UK will muddle through this… read more →

There is little doubt that 2022 has been an unprecedented year and for better or for worse, there has been a lot that has happened in the trade, treasury, payments and supply chain spaces.

Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA), announced the signing of the Strategic Alliance Memorandum (SAM) with Bankers Association for Finance and Trade (BAFT), the leading… read more →

Since the UCP 600’s adoption in 2007, concern has persisted over what the Article 35 rule actually requires of an LC issuer if documents get lost in transit between banks. 

Trade between the United Arab Emirates (UAE) and several African nations has registered steady growth.  Etihad Credit Insurance (ECI), the UAE Federal export credit company, and African Trade Insurance Agency… read more →

Gunvor Group Ltd has signed a $1.645 billion sustainability-linked, multi-currency revolving credit facility (RCF) in favour of Gunvor International B.V. and Gunvor SA.  The RCF received strong support from both… read more →