Lenders across the world are grappling with the trade finance asset class. In Singapore, a string of legal cases has left banks facing the prospect of staggering losses with the nature of the trade finance asset class, as secure and self-liquidating, facing an existential crisis.
Hokodo, a B2B payment solution program, and global financial services firm, Citi, today announced their collaboration to power payments for Covento, a unique renewable energy marketplace. The strategic collaboration will… read more →
At the ICC UAE Trade Facilitation Summit in Dubai, Trade Finance Global (TFG) spoke with Vincent O’Brien, director of ICC United Arab Emirates (ICC UAE) and associate director of the Institute of International Banking Law and Practice (IIBLP), to learn more about trade in the Gulf Cooperation Council (GCC) region.
Elucidate, a leading data science company in financial crime risk modelling and data analysis, convenes industry leaders for an open workshop at the 2023 BAFT Global Annual Meeting in San… read more →
As the commodity trading industry looks back on Q1 of 2023, it is evident that the first three months of the year have been marked by a number of significant events.
Industrialisation is a critical component of economic development, with many benefits that include improved standard of living, economic stability, growth in agricultural production, the balance of payment surpluses and high employment rates.
The Basel regulations have been continuously refined and updated to address new risks and challenges in the global banking sector, with the overall aim of promoting financial stability and preventing future crises.
In the face of worldwide macroeconomic issues, global insolvencies are expected to increase by 21% in 2023 and by 4% in 2024. In Allianz Trade’s research, over half the countries… read more →
At the ITFA and BCR: Trade & Investment Forum, Trade Finance Global’s (TFG) Deepesh Patel spoke with Abis Soetan, director at Fitch Ratings, to learn how the industry is evolving to incorporate trade as an asset class.
Allianz Trade in Asia Pacific announced its venture into the rapidly growing B2B e-commerce space and has secured the first partnership with Singapore-based B2B Buy-Now-Pay-Later (BNPL) company Bueno.money. Through the… read more →
