(Geneva) – The International Trade Centre has launched a new dashboard to monitor temporary trade measures adopted by governments responding to the global COVID-19 pandemic. At the same time, ITC has announced… read more →
The first estimates for the factoring industry worldwide in 2019 have been announced today by the FCI Secretary General at BCR’s 20th RFIX event
We discussed with AIG some of the challenges and opportunities in the trade credit insurance sector. Enabling the much-needed reduction of the trade finance gap, and bringing in a wider array of investors while mitigating the risks of such expansion in the backdrop of geopolitical uncertainty will be a huge challenge in 2020. However, dealing with a broader collection of participants in the trade finance ecosystem in terms of jurisdictions, size of the borrower, types of assets and fintech entrants set us up for interesting times.
As the most authoritative voice in the trade finance industry, ICC Banking Commission, maintains a permanent dialogue with regulators and supervising bodies, helping to develop regulations affecting the industry.
With the growth of major players such as Ant Financial in Asia in 2019, TFG asked Accenture’s European Banking Lead, Cecile André Leruste, on her thoughts and predictions for trade and SCF in 2020, focusing on growth coming out of South Asia.
Trade Finance Global caught up with Head of Macroeconomic Research, Ana Boata at Euler Hermes last month at The Institute of Export & International Trade’s World Trade Summit. A very interesting macroeconomic view on how households, retail and economic growth has changed in 2019 due to trade wars, Brexit and business uncertainty.
We spoke to the Finastra’s CEO Simon Paris about the future of trade and challenges of capitalism, during the World Trade Symposium at New York. We discussed key themes around bilateralism and multilateralism in global trade and why we need to turn our eyes to plurilateralism. A typical SME trade finance transaction is $25,000, but the average cost to trade finance instruments is $4,000 and this is not particularly helpful in addressing the trade finance gap. Is the technology the remedy here?
The UK government’s Export Credit Agency (ECA), UKEF, has a mandate to ensure that no viable UK export fails for lack of finance or insurance.
We spoke to Anabel Gonzalez during the World Trade Symposium in New York. We discussed whether the current US-China trade war had a positive impact on Latin American trade flows. Geopolitical uncertainty continues to threaten foreign investment and economic growth, particularly in emerging markets. Policymakers around the world are fretting about trade uncertainty and its impact on access to business finance, meanwhile, innovation and competition remain critical for economic growth.
New York, World Trade Symposium. With the world trade order under threat from protectionist movements, tit-for-tat tariffs, and a shift away from free and open trade, TFG’s Editor Deepesh Patel caught up with ICC’s Secretary General and Member of the World Trade Board, John Denton at Finastra’s World Trade Symposium.