In response to ADB’s recent USD $200mn to boost trade finance in response to the impact of COVID-19, TFG caught up with Manilla based Steven Beck on TFT. The requirements for multinationals and development banks has never been more important in keeping supply chains running.
For Africa, the trade finance gap has been estimated at USD 110-120 billion. TFG spoke to Afreximbank on the challenges/ opps that lie ahead.
Sustainability is no longer an adjunct to good business, but pivotal to it. TFG heard from Standard Chartered Bank, on the difficulties MNCs face
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.
We heard from Steven Beck, Head of Trade Finance at the Asian Development Bank, giving his musings on 2019, a year of uncertainty in trade, and what 2020 might bring for trade and supply chain in Asia.
Michael Bickers, MD, BCR Publishing walked us through the trends in supply chain and receivables finance in 2019, arguably one of the most uncertain in the last decade. In an interview with TFG, Bickers gave his view on what’s in stock for SCF and receivables in the year ahead, commenting on APIs, blockchain and competitive growth in supply chain finance, in preparation for the BCR Supply Chain Finance Summit in Amsterdam this month.
Trade Finance Global sat down with several top experts in the trade, supply chain, and receivables industry to discuss their predictions for 2020.
As part of the wider strategic media partnership with BCR Publishing TFG are delighted to announce that we are supporting the leading provider of receivables finance market intelligence for three major events from their annual agenda, namely the Blockchain for Supply Chain Finance Masterclass, Receivables Finance International Convention and the RFIx 2020.