Vinay Mendonca, Chief Growth Officer, Global Trade and Receivables Finance at HSBC, sat down with Deepesh Patel at Sibos Toronto to discuss these shifts and how they are influencing trade finance.
High-interest rates and elevated inflation are pressing suppliers to reduce their cash-conversion cycles
Bank of America is embarking on a multi-year initiative to digitise trade finance through its new platform, CashPro Supply Chain Solutions. Aimed at optimising working capital and streamlining processes, the… read more →
The United States, Saudi Arabia, India, and additional countries are in discussions about a potential infrastructure agreement that could reshape trade relations between the Gulf and South Asia. The proposal… read more →
While a growing portion of the industry starts to seize the opportunities of measuring and managing emissions, many commodity traders still hesitate. Why undertake the complex process of carbon accounting, if it’s hard, if it’s not a legal requirement, and if it only draws attention to their high-carbon products rather than their competitors?
News on the invasion of Ukraine, inflation and recession have swept into all offices, living rooms and public spaces in the past year. In other words: Macroeconomic considerations have prevailed, and we have all had to adapt to a new reality – not least in my work with sustainable finance.
At the forum, Trade Finance Global (TFG) spoke with Pamela Coke-Hamilton, the Executive Director of the International Trade Centre (ITC), to explore the impact of crises, capacity building, and support for women-led businesses and youth in trade.
(Geneva/Ulaanbaatar) – The International Trade Centre (ITC) today released a multimedia report on transforming economies with connected services, with a spotlight on landlocked countries. The report spotlights four types of services, known… read more →
One of the difficulties related to international trade is the large volume of paper documents that make up much of the information flow between the different parties, including various documents such as invoices, bills of lading, certificates of origin, and customs declarations.
First Abu Dhabi Bank (FAB), the UAE’s largest bank and a global financial powerhouse, strengthens its trade product offerings by introducing the Supply Chain Finance (SCF) programme in KSA, expanding… read more →