As the trade finance industry shifts towards more digitalised ways of doing business, new niches are opening up within the market.
BAFT is the leading financial services association for international transaction banking. In his new role, Stevenson will lead BAFT’s trade-focused policy, practices, and education initiatives, and support its trade-related councils and committees.
For the Maritime and Port Authority of Singapore (MPA), the establishment of the Global Centre for Maritime Decarbonisation in August this year was yet another milestone in enhancing Singapore’s status as an international shipping hub.
The UK government has announced an ambitious new plan to double the value of British exports to £1 trillion per year by 2030. Under the banner of ‘Made in the… read more →
UK Export Finance (UKEF), the export credit agency of the British government, has issued its largest-ever financing guarantee to help build Turkey’s largest solar power plant. Backed by US-based GE… read more →
Banking trade finance products risk being left behind, given the speed at which technology is changing.
Baris Kalay, head of trade and supply chain finance for Europe, Middle East, and Africa (EMEA) at Bank of America, caught up with TFG’s Deepesh Patel at ITFA’s Annual Conference held in Bristol, England.
Insurtech firm Tinubu Square has been named as one of the world’s most innovative insurtech companies in this year’s InsurTech100 list. Sponsored by FinTech Global, the InsurTech100 recognises the world’s… read more →
On the eve of COP26 – the biggest climate summit of the year – the world is more focused than ever on reducing carbon emissions, and on the role that individual companies can play in tackling climate change.
Merchants would go on voyages for several weeks, if not months, in a caravel, carrack or clipper to the Far East, or elsewhere, to buy cotton, wool, tea, spices or other commodities. They would be equipped with a Letter of Credit in their trunk, often handwritten by the clerk of their high street banks.
